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ADMINSURE, INC. (2)
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ADMINSURE, INC. (2)
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Last modified
8/8/2024 1:36:26 PM
Creation date
10/12/2018 3:04:17 PM
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Contracts
Company Name
ADMINSURE, INC.
Contract #
A-2018-211
Agency
HUMAN RESOURCES
Council Approval Date
9/4/2018
Expiration Date
8/31/2021
Insurance Exp Date
1/1/2025
Destruction Year
2026
Notes
For Insurance Exp. Date see Notice of Compliance
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d, For the optional fourth year, September 1, 2021 through August 31, 2022, of this <br />Agreement, the Client shall pay the Administrator $15,954 per month for Services <br />rendered under this Agreement. <br />e. For the optional fifth year, September 1, 2022 through August 31, 2023, of this <br />Agreement, the Client shall pay the Administrator $16,432 per month for Services <br />rendered under this Agreement. <br />f. For the optional sixth year, September 1, 2023 through August 31, 2024, of this <br />Agreement, the Client shall pay the Administrator $16,925 per month for Services <br />rendered under this Agreement, <br />g. For the optional seventh year, September 1, 2024 through August 31, 2025, of this <br />Agreement, the Client shall pay the Administrator $17,433 per month for Services <br />rendered under this Agreement, <br />Tennination. <br />tL. A UP 4Uy A114Y LG1111 UMV LU15 LIS'1ee111e11L 6L Ylrly UMt;j WISCCCT CBCSe, with LLL[lety t9U� <br />days written notice. <br />b, The City may terminate this Agreement for cause upon providing the Administrator <br />thirty (30) days written notice if; <br />(i) If the Administrator breaches any provision of this Agreement and does not <br />cure such breach within ten (10) days after written notice of the breach is given by the City; <br />(ii) In the event the Administrator's services, in the judgment of City, are <br />unsatisfactory; <br />(iii) In the event of the Administrator's failure to prosecute the work with <br />diligence or within the time limits specified in the contract documents and Administrator fails to cure this <br />breach within ten (10) days of being advised of the breach; <br />(iv) Failure to procure or maintain insurance as required by this Agreement; or <br />(v) In the event of bankruptcy, whether voluntary or involuntary, of <br />Administrator. <br />G. The Administrator may terminate this Agreement in the event that the City is <br />delinquent in paying any invoices for a period in excess of sixty (60) days. Termination shall be effective <br />thirty (30) days after notice is received by mail at the City's office unless the City has remedied said <br />failure(s) to the satisfaction of the Administrator. <br />9 <br />This Agreement shall terminate automatically on the occurrence of bankruptcy or <br />insolvency of any Party, <br />Page 7 of 13 <br />
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