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Last modified
6/17/2022 4:56:11 PM
Creation date
4/23/2018 3:00:01 PM
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Contracts
Company Name
TASC
Contract #
A-2017-242
Agency
PERSONNEL SERVICES
Council Approval Date
9/5/2017
Insurance Exp Date
10/1/2022
Destruction Year
0
Notes
Missing Professional Liability
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obligation to take affirmative actions to collect monies paid as contributions, such <br />as, by way of example, to pursue a check or electronic payment transfer from Plan <br />Sponsor or a participant or other contributor or transferor that does not clear. If this <br />Agreement is terminated mid plan year, Plan Sponsor shall continue to be <br />responsible for payment of administration fees set forth in the Plan Application for <br />the entire plan year. Administration fees shall be calculated on a minimum or per <br />participant basis, whichever is greater. For purposes of calculating fees on a per <br />participant basis, the number of participant shall be determined as of the invoice date <br />and shall include any employees terminated mid -year. In addition to the <br />administration fees set forth in the Plan Application, TASC shall also be entitled to <br />payment from the Plan Sponsor of all expenses and costs reasonably incurred by it <br />in the administration of the HSAs, including, but not limited to, reimbursement for <br />the cost of debit card transactions. <br />19. TASC HRA -NOT APPLICABLE <br />Fraudulent claims by Plan participants (regardless of whether by use of the debit card, web <br />submitted, TASC submitted, medical provider or manually submitted) and amounts distributed to <br />Plan participants that exceed the Plan participants' account balances are the Plan Sponsor's <br />responsibility, unless the overpayment is due to a negligent act or omission on the part of TASC. <br />TASC also reserves the right to request a deposit or payment when the fund account goes into a <br />negative account balance. Fees are calculated at the Minimum Claims Fee identified on the <br />Application or enrolled fee whichever is greater. Fees are also calculated on the number of health <br />enrolled in the Plan, including terminated employees at the time of invoice. The Plan Sponsor is <br />responsible for administration fees for the entire Plan year, including the thin -out period. Standard <br />18 <br />
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