AON RISK CONSULTANTS, INC. 3 -2015

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INSURANCE ON FILE N-2016-133 WORK MAY PROCEED UNTIL INSURANCE EXPIRES — GL: G i-iG' X0 111RK OF COUNCIL DATE: AUG 2 6 2015,E CONSI7I TANT AGREEMENT ��GIII'.,,,Personnei HIS AGREEMENT, made and entered into this 15th day of July, 2015 by and between Aon 680 ""''A�� Risk Consultants, Inc. doing business as Aon Global Risk Consulting, an Illinois corporation (hereinafter 6)72�4tauo�+�. "Consultant"), and the City of Santa Ana, a charter city and municipal corporation organized and existing under the Constitution and laws of the State of California (hereinafter "City"), RECITALS A. The City desires to retain a consultant having special skill and knowledge in the held of auditing to conduct an independent actuarial study of its Self -Funded Workers' Compensation and Liability Programs. B, Consultant represents that Consultant is able and willing to provide such services to the City. C. In undertaking the performance of this Agreement, Consultant represents that it is Imowledgeable in its field and that any services performed by Consultant under this Agreement will be performed in compliance with, such standards as may reasonably be expected from a professional consulting firm in the field. NOW THEREFORE, in consideration of the mutual and respective promises, and subject to the terms and conditions hereinafter set forth, the parties agree as follows: L SCOPE OF SERVICES Consultant shall perform actuarial evaluations of the losses, financial position and recommended funding for the Workers' Compensation and Liability programs as well as update the Workers' Compensation cost allocation system. and Liability cost allocation system for City departments as set forth in Exhibit A, attached hereto and incorporated by reference. Said actuarial study shall utilize current program data to update the previous study prepared in 2013, and project that data through the 2017/18 fiscal year. 2. COMPENSATION a. City agrees to pay, and Consultant agrees to accept as total payment for its scavices, Six Thousand Five Hundred Dollars ($6,500,00) for the actuarial study of the City's Workers' (.compensation and Liability Programs; and Four Thousand Dollars ($4,000.00) for the cost allocation systems update, The total sum to be expended under this Agreement shall not exceed $10,500.00 during the term of this Agreemcnt. b. Payment by City shall be made within thirty (30) days following receipt of a proper invoice evidencing eompletedwork, subject to City accounting procedures. Payment need not be made for work which fails to meet the standards of performance set forth in the Recitals which may reasonably be expected by City. 3. TERM This Agreement shall commence on the date first written above and terminate on December 31, 2015, unless terminated earlier in accordance with Section 13, below, The tenn of this Agreement. nsay be extended upon a writing executed by the Excou Live Director of Personnel Services and the City Attonrey.