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Last modified
6/17/2022 4:56:11 PM
Creation date
4/23/2018 3:00:01 PM
Metadata
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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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TASC. Regardless of the fee payment options identified on the Application or any <br />circumstances where the Plan Sponsor uses a third patty to pay Plan benefits, all <br />Plan contributions and liabilities are the responsibility of the Plan Sponsor. <br />B. TASC reserves the right to correct any processing errors, making a reasonable <br />effort to recover any payment made in error for any reason and the Plan Sponsor <br />authorizes TASC to debit or credit the Plan Sponsor's account as necessary to <br />correct such errors. TASC will invoice or make adjustments to the Plan or to the <br />Plan Sponsor as deemed necessary. TASC will interpret state unclaimed property <br />laws in a reasonable manner to divest itself from Funds attributed to Plan <br />participant reimbursement checks not presented for payment. <br />C. The Plan Sponsor understands and agrees Plan Sponsor shall be liable for and hold <br />TASC harmless from any and all fees or penalties assessed by the Internal Revenue <br />Service, the Department of labor or any other federal, state and/or local <br />government agency arising from the Plan; except in the case where It is shown that <br />a loss is a direct result of a negligent act or omission on the part of TASC. Any <br />request for refunds or adjustments by Plan Sponsor will be processed only after <br />verification is made that sufficient funds were received by TASC from the Plan <br />Sponsor's bank account to cover all payments made by, and fees and other amounts <br />due to, TASC. No refunds or adjustments will be made while the Plan Sponsor is <br />in default under this Agreement. <br />5. Terms of Pavment <br />A. The Plan Sponsor agrees to pay TASC for services provided under this Agreement <br />in accordance with the fees determined on the Plan Application. Payment for <br />E <br />
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