Staff recommends approval of the purchase request to Preferred Governmental for a total amount of $28,000.00.
The City is required to provide workers compensation insurance for its workforce. The City is self insured for this coverage and therefore does not pay insurance premiums for workers compensation. The City does however pay a third party, Preferred Governmental, to administer the workers compensation insurance program.
The vendor is responsible for processing of all claims and payments and charges the City an annual fee for these services. This purchase request is for the payment of the fee to administer our self insured workers compensation insurance program.
1. Approve the purchase request to Preferred Governmental Insurance Trust; or
2. Such alternative action as the Commission may deem appropriate
Funds in the amount of $28,000.00 are available in the 2012 fiscal year in the account listed for this purpose.
Department: _Human Resources_______
Prepared by: _Mike Thornton________
Attachments: Yes____ No ___X___
Advertised: ____Not Required ___X__
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. _______JB_________
Deputy C.M. ___________________
City Manager ___________________
Account No. _065-1350-519.31-10___
Project No. __NA______________
WF No. _____NA_______________