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HomeMy WebLinkAboutES11-098 - Amendment - Carl Warren & Company - Third Party Administrator - 1/1/25 FOR CITY OF KENT OFFICIAL USE ONLY Sup/Mgr: Agreement Routing Form DirAsst: • For Approvals,Signatures and Records Management Dir/Dep: KENT This form combines&replaces the Request for Mayor's Signature and Contract Cover (optional) WASHINGTON Sheet forms. (Print on pink or cherry colored paper) Originator: Department: Ellaine Wi, Ext. 5285 Human Resources Date Sent: Date Required: c 02/18/2025 02/20/2025 Q Mayor or Designee to Sign. Date of Council Approval: Q Interlocal Agreement Uploaded to Website 2/18/2025 Budclet Account Number: Grant? Yes No�✓ 56701450 1 64190 1 1750 Budget?�✓ Yes ONO Type: N/A Vendor Name: Category: i Carl Warren & Company Other Vendor Number: Sub-Category: 326769 Amendment 0 W Project Name: 2025 Contract Amendment with Carl Warren & Company oProject Details: Carl Warren & Company is the City's third-party administrator for its general liability claims. c Agreement Amount: $62,069.04 Basis for Selection of Contractor: Direct Negotiation E *Memo to Mayor must be attached .1111 Start Date: fl/1/2025 Termination Date: 12/31/2025 a Local Business? Yes F]No*If meets requirements per KCC 3.70.100,please complete"Vendor Purchase-Local Exceptions"form on Cityspace. Business License Verification: ❑Yes In-Process F1 Exempt(KCC 5.01.045) FlAuthorized Signer Verified Notice required prior to disclosure? Contract Number: Yes ✓❑No ES 11-098 Comments: Risk Management requested the City Council authorize the Mayor to execute a contract amendment with Carl Warren & Company, for the 3rd option year IM in the amount of $62,069.04, and ratify all prior agreements and IM *p amendments. Committee of the Whole approved the motion on Feb. 18, 3 0 2025. a a Date Received:City Attorney: 2/19/25 Date Routed:Mayor's Office 3/6/25 'ty Clerk's Office=3/6/2 adccW22373_1_ TtAcurnents.KentWA.gov to obtain copies of all agreements rev.20221201 CM�1® CARL WARREN&COMPANY Claims Management and Solutions A vVENBROOK'Company Contract Amendment January 1, 2025 - December 31, 2025 This amendment is entered into between CARL WARREN & COMPANY, LLC (the "Contractor") and the City of Kent (the "Principal") pursuant to that certain Third Party Claims Administration Contract (the "Agreement"), dated as of January 14, 2020 between Contractor and Principal, and is incorporated in, and subject to, this Amendment that will commence January 1, 2025 and continue through December 31, 2025. RECITALS A. City and Contractor entered into that certain Agreement for Contractual Services dated January 14, 2020 ("Agreement") whereby Contractor agreed to provide third-party claims administration services for a 3-year term with 3-1-year options ending on December 31 , 2025, and for an increase in the Contract Sum $294,474. The initial agreement did not include pricing for the 3rd option year. B. City and Contractor now desire to amend the Agreement to include pricing for the 3rd and final option year. PRICING PRINCIPAL agrees to pay the contract as follows as the claim handling and service fees for CONTRACTOR'S services during the twelve (12) month contract year: ADMINISTRATIONCLAIMS Prorated Rate $62,069.04 Not-to-Exceed NTE 136 claims per year Incident Report/Record Only Included Telephone Included Copy Work Included Steno ra hs Included Postage Included Office Expense Included Claims Set-Up Fee Included Data Processing Included Index Bureau ISO Claims Search and OFAC $18 per submission MMSEA Filing Fee (liability claims $4.85 per submission Miscellaneous/Allocated Loss Adjustment Expenses (i.e. At Cost police reports, medical records,etc.) - .0 . . M-OrMw General Liability Adjuster Services $96 per hour Mileage IRS Rate Carl Warren & Company, LLC kii —PO Box 2411, Tustin, CA 92781 CA License #2607296 wool,, ' JC CARL WARREN&COMPANY Claims Management and Solutions A G)VENSROOIc Company Photo ra hs/Du licate Photographs Included Subrogation 21%of net recovery Outside Investigations At Cost Appraisals At Cost Surveillance/Fraud Unit At Cost Annual Administration S- - Data Management Account Management Included Annual Stewardship Quarterly Claims Review RMIS Training/Technical Support Set-Up (one-time charge) Data Conversion(s) 3 Users RMIS Access Standard Monthly Loss Runs Included Report Programming Carrier TPA Oversight (Data Extract, Feeds,Audits, Compliance & Reporting) Additional Users $250/user per year Custom Report Development $250 per hour Exit IT Services Final Termination Report $250 per hour :• •/Trust Account Servic��� Trust Account Maintenance Check Issuance and Reconciliations Retain Earned Interest 1099 Reporting,including IRS File These Payment Guidelines will become binding on Contractor and Principal on the date that they have been executed by each such party as set forth below. (CONTRACTOR) (PRINCIPAL) CARL WARREN & COMPANY, LLC City of Kent Company Name Company Name 'D Signature Signature Angelique King Print Name Print Name Executive Vice President Title Title 2/19/25 03/06/2025 Date Date Carl Warren & Company, LLC Page 2 of 2 PO Box 2411, Tustin, CA 92781 CA License #2607296