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ADVANCED RISK MANAGEMENT TECHNIQUES, INC. 8-2009
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ADVANCED RISK MANAGEMENT TECHNIQUES, INC. 8-2009
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Last modified
10/21/2013 11:33:02 AM
Creation date
11/9/2009 5:20:43 PM
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Contracts
Company Name
ADVANCED RISK MANAGEMENT TECHNIQUES, INC.
Contract #
N-2009-128
Agency
Personnel Services
Expiration Date
6/30/2011
Insurance Exp Date
4/17/2009
Destruction Year
2016
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INSURANCE ON FILE <br />WORK MAY PROCEED <br />UNTIL INSURANCE EXPIRES <br />L~~;' -~l-/7-020/ <br />CLERK OF COUNCIL <br />DATE: //-Og'~S <br />p C 2~ <br /> <br />CONSULTANT AGREEMENT <br />N-2009-128 <br />ens THIS AGREEMENT, made and entered into this 22°d day of September, 2009 by and <br />Yi~1 <br />1tiloY+~~P; between Advanced Risk Management Techniques, Inc., a California corporation (hereinafter <br />"Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and <br />existing under the Constitution and laws of the State of California (hereinafter "City"). <br />RECITALS <br />A. On July 1, 2007, the parties hereto entered into Agreement N-2007-090, by which <br />Consultant provided an independent actuarial audit of its Self-Funded Workers' <br />Compensation and Liability Programs. <br />B. The City desires to update the previous actuarial study utilizing current program data to <br />project through 2010/11 fiscal year. <br />C. In undertaking the performance of this Agreement, Consultant represents that it is <br />knowledgeable in its field and that any services performed by Consultant under this <br />Agreement will be performed in compliance with such standards as may reasonably be <br />expected from a professional consulting firm in the field. <br />NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the <br />terms and conditions hereinafter set forth, the parties agree as follows: <br />1. SCOPE OF SERVICES <br />Consultant shall perform actuarial evaluations of the losses, financial position and <br />recommended funding for the workers compensation and liability programs, as set forth in <br />Exhibit A, attached hereto and incorporated by reference. <br />2. COMPENSATION <br />a. City agrees to pay, and Consultant agrees to accept as total payment for its services, <br />the rates and charges identified in Exhibit A. The total sum to be expended under this <br />Agreement shall not exceed $10,500.00 during the term of this Agreement. <br />b. Payment by City shall be made within thirty (30) days following receipt of proper <br />invoice evidencing work performed, subject to City accounting procedures. Payment need not <br />be made for work which fails to meet the standards of performance set forth in the Recitals <br />which may reasonably be expected by City. <br />3. TERM <br />This Agreement shall commence on the date first written above and terminate on June 30, <br />201 1, unless terminated earlier in accordance with Section 12, below. The term of this <br />
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