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AR 071806 Tristar Risk Management
Colton
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07/18/2006 6:00 pm
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AR 071806 Tristar Risk Management
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Last modified
2/23/2014 10:06:38 PM
Creation date
2/19/2014 10:19:19 PM
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Agenda Item
Item Number
22
Subject (2)
- Award Contract for Self Insured Workers' Compensation Claims Administration to TRISTAR Risk Management and Authorize the City Manager to Execute the Agreement on behalf of the City.
Submitted On
7/13/2006
Submitted By
Sabdi Espinoza
Item Title
AR 071806 Tristar Risk Management
ATRequest
928
Status (2)
2
Department
City Clerk
Meeting Date
7/18/2006
Meeting Time
6:00:00 PM
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FISCAL IMPACT: <br />The City will realize a savings of approximately $15,000 over the three year agreement with <br />TRISTAR Risk Management. The cost for the three year contract is broken down as follows (plus <br />bill review services charged at 14% of the savings): <br />2006/2007 $56,746 <br />2007/2008 $58,731 <br />2008/2009 $60,788 <br />The City's current annual cost is $63,800. The new contract requires examiners to have a smaller <br />caseload (not to exceed 150 per examiner), which allows examiners to devote extra time and <br />service to the City's workers' compensation claims. The caseload does not limit the number of <br />claims the City can file. <br />ENVIRONMENTAL IMPACT: <br />None. <br />CONFLICT OF INTEREST — Gift Disclosure Requirements <br />Company Name: TRISTAR Risk Management. <br />President: Tom Veale <br />Contact: Laurie Barraclough, Branch Manager <br />None. <br />RECOMMENDATION: <br />Staff recommends that City Council award contract for self-insured workers' compensation claims <br />administration to TRISTAR Risk Management and authorize the City Manager to execute the <br />agreement on behalf of the City. <br />Attachments: <br />Prepared by: Jennifer M. Sims, C.P.M., Purchasing Manager <br />REVIEW TEAM ONLY pp�� <br />City Attorney: � - kt� I � ACS Finance Director:,b • 1 lw�sl� <br />City Manager: OTHER: <br />
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