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R93-107 AUTHORIZING AGREEMENT FOR ADMINISTRATIVE SERVICES FOR SELF-INSURANCE PROGRAM
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R93-107 AUTHORIZING AGREEMENT FOR ADMINISTRATIVE SERVICES FOR SELF-INSURANCE PROGRAM
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7/15/2016 11:48:46 AM
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7/15/2016 11:48:44 AM
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Resolution/Ordinance
Res Ord Num
R93-107
Res Ord Title
AUTHORIZING AGREEMENT FOR ADMINISTRATIVE SERVICES FOR SELF - INSURANCE PROGRAM FOR DECATUR PUBLIC TRANSIT SYSTEM
Approved Date
7/19/1993
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� ` �°age 6 <br /> � . <br /> . <br /> non-compliance, the CITY may declare a breach of contract, obtain <br /> a refund of any amount paid for which services have yet to be <br /> provided, and elect to enforce the Agreement in accordance with <br /> Illinois law. <br /> 10 . Claims Handling after Termination. In the event of <br /> cancellation of this Agreement, SERVICE AGENT will continue to <br /> handle all pending claims for a period of 180 days. At such <br /> ti.me, the claims files shall be returned to the CITY in an <br /> orderly manner. The CITY agrees to indemnify, protect, save and <br /> hold harmless SERVICE AGENT from any and all loss, cost, damage, <br /> or expense arising out of the administration and handling of any <br /> claims after these records and files have been returned providing <br /> that there have been no illegal acts or negligence by the SERVICE <br /> AGENT in handling and administering such claims. , <br /> 11. Compensation. CITY shall pay SERVICE AGENT for I <br /> services rendered hereunder the sum of Five Thousand Dollars , <br /> ($5,000 .00) for up to 25 claims during the first year. Any claim ; <br /> in excess of 25 will be handled for $200.00 per claim. This ��, <br /> amount is payable in quarterly installments. For the second year ��I <br /> of service, the compensation shall be Five Thousand, Two Hundred �' <br /> Fifty Dollars ($5,250.00) and for the third year, the fee will be I <br /> Five Thousand, Five Aundred Dollars ($5,500.00) . <br />
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