Hires George Hills Company for up to $250,000 a year in liability and property claims work
George Hills Company, a third-party administrator for property and liability claims, will adjust and administer liability and property claims for the district. The cost is capped at $250,000 per fiscal year with a 3% yearly increase built in. The term is June 1, 2022 through June 30, 2024, with an option to renew for one-year periods. The contract was competitively bid.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- George Hills Company, Inc. · Rancho Cordova, CA
- Action
- New agreement
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Legal, compliance & risk
- Term
- Jun 1, 2022 – Jun 30, 2024
- This vote
- $250,000
- Presented by
- General Counsel
- File
22-1139· agendaV.-203- Outcome
- Adopted on the General Consent Report, May 25, 2022
Official text
Approval by the Board of Education of a Claims Adjusting and Administration Service Contract* (inclusive of Attachments: A; A-1; A-2; B, C, D, E) by and between the District and George Hills Company, Inc., Rancho Cordova, CA, a Property and Liability Third Party Administrator (TPA), for the latter to provide liability and property claims adjusting services to the District, at a cost not to exceed $250,000.00 per fiscal year, subject to a 3% annual Escalator, for the term of June 1, 2022 through and including June 30, 2024, with an option for renewal for one-year periods. ___ ^Competitively bid
History
- Adopted on the General Consent Report