Professional Service Agreement For Work Comp TPA Services

Number:

Resolution 2024-200

Department:

DEP: Human Resources

Description:

RESOLUTION AUTHORIZING A PROFESSIONAL SERVICES AGREEMENT WITH SFM RISK SOLUTIONS AS THE THIRD PARTY ADMINISTRATOR FOR THE MINNEAPOLIS PARK AND RECREATION BOARD WORKERS' COMPENSATION SELF-INSURANCE PROGRAM AT AN ESTIMATED COST OF $293,700 FOR A THREE YEAR PERIOD FROM NOVEMBER 1, 2024 TO OCTOBER 31, 2027, CONTINGENT ON APPROVAL FROM THE CITY OF MINNEAPOLIS DEPARTMENT OF CIVIL RIGHTS WITH A RENEWAL OPTION OF ONE ADDITIONAL TWO YEARS TERM