Sarasota County Schools
Agenda Item #47
Title
APPROVAL OF THE RENEWAL AGREEMENT FOR WORKERS' COMPSENSATION CLAIMS SERVICES
Description
This agreement will extend the expiring service agreement with CompOptions Insurance Company, Inc., effective July 1, 2013, for up to three (3) years and guarantee the service fees through June 30, 2016. The fees for the first year of the renewal period are 11% lower than current rates and are paid through the Self-Insurance Fund.
Recommendation
That the service agreement renewal between the School Board of Sarasota County, FL and CompOptions Insurance Company, Inc., for workers' compensation claims services be approved by the Board as presented.
Contact
WHITE & CORCORAN/PETERSON
Financial Impact
$200,000.
Attachment: Comp Options Renewal Eff 7-01-2013.pdf
Attachment: School Board of Sarasota County Agreement - Approved Final 04-24-2013.pdf