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HomeMy WebLinkAbout2020-02-11 Meeting Minutes Finance Committee Meeting Commission Chamber - 2/11/2020 ATTENDANCE: Present: Hons. Hardie Davis, Jr., Mayor; Fennoy, Chairman; D. Williams, Vice Chairman; M. Williams, member. Absent: Hon. Frantom, member. FINANCE 1. Presentation by Ms. Cecilia Urch regarding a waiver of the late penalty and interest charges on her property taxes for property located at 3408 Deans Bridge Road. Item Action: Rescheduled Motions Motion Type Motion Text Made By Seconded By Motion Result Defer Motion to refer this item to the full Commission with no recommendation and talk with the Tax Commissioner's Office. Motion Passes 3-0. Commissioner Marion Williams Commissioner William Fennoy Passes 2. Approve Excess Workers’ Compensation Insurance with Safety National Casualty with statutory limits and a $750,000 Self Insured Retention (SIR – otherwise known as the deductible) to cover all positions for a premium of $380,979. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Passes Motion to approve. Motion Passes 3-0. Commissioner Dennis Williams Commissioner William Fennoy 3. Request to approve Augusta Commercial Property Insurance coverage for 2020 offered through Affiliated FM, current carrier, for a premium of $475,000 for full blanket coverage and limited flood coverage in flood prone areas. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Dennis Williams Commissioner Marion Williams Passes 4. Motion to approve award of RFP 20-123, Worker Compensation Third Party Administration (TPA) to Corvel Corporation. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Marion Williams Commissioner Dennis Williams Passes 5. Motion to approve the minutes of the Finance Committee held on January 28, 2020. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Marion Williams Commissioner Dennis Williams Passes www.augustaga.gov Finance Committee Meeting 2/11/2020 1:05 PM Attendance 2/11/20 Department: Presenter: Caption: Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: AGENDA ITEM REQUEST FORM commission meetings: First and third ruesdays of each month - 2:00 p.m.Committee meetings: Second and rast Tuesdays of each month - r:00 p.m. commission/committee: (please check one and insert meeting date) Date of Meeting Date of Meeting Date of Meeting Date of Meeting Date of Meeting Date of Meeting contact Information for Individual/presenter Making the Request: Name:'/^ Address: Telephone Number: Fax Number: E-MailAddress: Caption/Topic of Discussion to be placed on Commission Public Safety Committee Public Services Committee Administrative Services Committee ----------,-Engineering Services Committee _< Finance Committee .20 tZ,/,4A 3e8/f /rL- Please send this request form to the following address: Ms. Lena J. Bonner Clerk of Commission Suite 220 Municipal Building 535 Telfair Street Augusta, GA 30901 Telephone Number: 706-82l-1820 Fax Number: 706-821-1838 E-Mail Address: nmorawski@augustaga.gov Requests may be faxed, e-mailed or delivered in person and must be received in the Clerk,soffice no later than 5:00 p.m. on the Wednesday preceding the Commission meeting and5:00 p'm. on the tu-:-.!u, preceding the Commitiee meeting of the following week. A five-minute time limit will be allowed for presentations. REF: 3408 DEANS BRIDGE RD AUGUSTA, GA 30906 MAP & PARCEL # 107-0-030-05-0 TO: Commissioner MR. Williams, I am asking to full consideration on my property taxes penalty and interest on location 3408 Deans Bridge Rd Augusta, GA 30906. ln last 20 years, I have never been late on my property taxes since I owned this property. I have been going through cancer chemo therapy therefore, I have missed my dead line. I also notice the mailing address has wrong address as well. (This is not an excuse) Mrs. Dianne Howard from Tax Commissioner advise me to submit the letter to you. Please be consider for me on this matter. Thank you and have a blessed day. Sincerely: Cgcilia Urchc-x.rld.- Richmond County Tax Commissioner's Office Owner lnformation Page 1 of 1 PARK HYUN SOO 3404 DEANS BRIDGE RD AUGUSTA, GA 30906-9512 Payment lnformation Status Last Payment Date Amount Paid Property lnformation_ Parcel Number District Acres Description Property Address Assessed Value Appraised Value Bil! lnformation 107-0-030-06-0 2 RICHMOND COUNTY 3.86 NO SUB CODE (00000)004-0 3408 DEANS BRIDGE RD $417,743 $1,044,358 Unpaid $0.00 Record Type property Tax Year 2019 BillNumber 7SSBO2 Account Number 2027364 Due Date lu1sl2oig Taxes Base Taxes Penalty lnterest Total Due $13,623.8s $1,362.39 $280.98 $15,267.22 https ://www.arctaxpayments. com/taxes U27/2020 Finance Committee Meeting 2/11/2020 1:05 PM Cecilia Urch Department: Presenter: Caption:Presentation by Ms. Cecilia Urch regarding a waiver of the late penalty and interest charges on her property taxes for property located at 3408 Deans Bridge Road. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Page 1 Excess Workers’ Compensation Renewal Proposal for Presented By: Andy Dunagan, CWCP, CIC Vice President, Principal Steve Kindregan Risk Adviser Pritchard & Jerden, Inc. 950 E. Paces Ferry Rd, Ste. 2000 Atlanta, GA 30326 www.pjins.com Page 2 Expiring Program •Carrier: Safety National Casualty Corporation •Policy Period: March 1, 2019 to March 1, 2020 •Description of Coverage: –Workers Compensation: •Statutory Benefits per Applicable State Law –Employers Liability: •Bodily Injury - Each Accident $1,000,000 •Bodily Injury by Disease - Policy Limit $1,000,000 •Bodily Injury by Disease - Each Employee $1,000,000 •Self-Insured Retention Per Occurrence:$750,000 •Annual Aggregate Deductible:$250,000 •Exposure: –Basis Payroll –Estimated Payroll $111,822,420 •Rate: –Basis Per $100 of Payroll –Premium Rate .3407 •Premium: –Deposit Premium (with Renewal Payroll) $380,979 Page 3 Incumbent Market – 2020 Renewal •Carrier: Safety National Casualty Corporation •Policy Period: March 1, 2020 to March 1, 2021 •Description of Coverage: –Workers’ Compensation Statutory –Employers’ Liability $1,000,000 –Self-Insured Retention Per Occurrence $750,000 –Annual Aggregate Deductible $250,000 •Premium: –Rate per $100 of Payroll .3407 –Rate Comparison (vs. Expiring)0.00% –Deposit Premium $380,979 –Premium Comparison (vs. Expiring)$0.00 •Subjectivities: –Signed Terrorism form –Need details of officer fatality from 11/19/19 Page 4 Additional Options – 2020 Renewal Option 1 •Carrier: Safety National Casualty Corporation •Description of Coverage: –Workers’ Compensation Statutory –Employers’ Liability $1,000,000 –Self-Insured Retention Per Occurrence $1,000,000 •Premium: –Rate per $100 of Payroll .2895 –Rate Comparison (vs. Expiring)-15.03% –Deposit Premium $323,726 –Premium Comparison (vs. Expiring)-$57,253 Option 2 •Carrier: Safety National Casualty Corporation •Description of Coverage: –Workers’ Compensation Statutory –Employers’ Liability $1,000,000 –Self-Insured Retention Per Occurrence $1,150,000 •Premium: –Rate per $100 of Payroll .2685 –Rate Comparison (vs. Expiring)-21.19% –Deposit Premium $300,243 –Premium Comparison (vs. Expiring)-$80,736 Page 5 Additional Options – 2020 Renewal Option 3 •Carrier: XL Insurance (Indication – Subject to additionalunderwriting) •Description of Coverage: –Workers’ Compensation Statutory –Employers’ Liability $1,000,000 –Self-Insured Retention Per Occurrence $1,000,000 •Premium: –Rate per $100 of Payroll .4099 –Rate Comparison (vs. Expiring)+20.31% –Deposit Premium $458,360 –Premium Comparison (vs. Expiring) +$77,381 Option 4 •Carrier: Chubb Global Casualty (Indication – Subject to additionalunderwriting) •Description of Coverage: –Workers’ Compensation Statutory –Employers’ Liability $1,000,000 –Self-Insured Retention Per Occurrence $1,000,000 •Premium: –Rate per $100 of Payroll .4398 –Rate Comparison (vs. Expiring)+29.09% –Deposit Premium $491,795 –Premium Comparison (vs. Expiring) +$110,816 Page 6 Marketing Summary •Synergy Insurance Company –Declined due to heavy law enforcement, fire, and street and road exposure •Sompo Japan Ins. Company of America –Unable to compete with Incumbent due to loss experience and exposure •Prosight Specialty Insurance –Unable to compete with Incumbent due to loss experience and exposure Page 7 Historic Loss Experience •Loss History Comparison – 2020 vs. 2019 •Large Loss History – Excess $200,000 Claim Number Injury Date Claimant Name Status Gross Paid Recoveries Net Paid Reserved Gross Incurred Net Incurred 0604-WC-10-0500329 01/28/2010 YOUNG, DAVID A Re-open $212,329.78 $40,000.00 $172,329.78 $8,728.40 $221,058.18 $181,058.18 0604-WC-10-0500433 05/24/2010 SEYMORE, ROBERT Closed $666,044.52 $66,044.52 $600,000.00 $0.00 $666,044.52 $600,000.00 0604-WC-10-0500522 08/26/2010 Harrison, Jacob Closed $589,622.79 $0.00 $589,622.79 $0.00 $589,622.79 $589,622.79 0604-WC-11-0500281 01/18/2011 JENNE, STEVEN L Open $325,810.56 $0.00 $325,810.56 $37,070.94 $362,881.50 $362,881.50 0604-WC-11-0500300 03/02/2011 PROKOSA, NICKOLAS R Open $253,278.56 $0.00 $253,278.56 $69,651.41 $322,929.97 $322,929.97 0604-WC-11-0500526 09/19/2011 MERRIWEATHER, TIMOTHY Open $290,261.97 $0.00 $290,261.97 $80,812.70 $371,074.67 $371,074.67 0604-WC-12-0500256 01/14/2012 MADDOX, GEORGE Closed $213,544.09 $3,000.00 $210,544.09 $0.00 $213,544.09 $210,544.09 0604-WC-12-0500375 05/10/2012 PEARSON, MELINDA Re-open $207,939.91 $0.00 $207,939.91 $8,207.05 $216,146.96 $216,146.96 0604-WC-13-0500286 01/11/2013 FOWLER, STEPHEN E Open $339,289.96 $0.00 $339,289.96 $81,583.56 $420,873.52 $420,873.52 0604-WC-13-0500440 08/29/2013 BATCHELOR, CHERYL Closed $221,537.53 $0.00 $221,537.53 $0.00 $221,537.53 $221,537.53 0604-WC-13-0500536 12/06/2013 GARNER, MICHAEL P Open $217,419.16 $0.00 $217,419.16 $43,034.86 $260,454.02 $260,454.02 0604-WC-14-0500395 03/18/2014 WEST, JAMES R Open $454,173.47 $0.00 $454,173.47 $108,047.80 $562,221.27 $562,221.27 0604-WC-14-0500546 08/27/2014 SEVIER, MARK J Closed $211,182.80 $0.00 $211,182.80 $0.00 $211,182.80 $211,182.80 0604-WC-14-0500582 10/06/2014 BOOKER, LARRY Open $269,568.00 $0.00 $269,568.00 $54,571.16 $324,139.16 $324,139.16 0604-WC-15-0000130 05/27/2015 Neal, Douglas L Open $239,897.26 $0.00 $239,897.26 $46,077.74 $285,975.00 $285,975.00 0604-WC-16-0000114 05/02/2016 MATERNA, MICHAEL J Open $638,485.25 $0.00 $638,485.25 $138,327.53 $776,812.78 $776,812.78 0604-WC-16-0000338 11/02/2016 McClendon, Alfred Open $259,752.89 $0.00 $259,752.89 $71,921.91 $331,674.80 $331,674.80 0604-WC-17-0000046 02/18/2017 HODSON, LARRY L Open $236,731.33 $0.00 $236,731.33 $198,253.67 $434,985.00 $434,985.00 0604-WC-18-0000255 09/04/2018 STALLINGS, WESLEY M Open $213,359.24 $0.00 $213,359.24 $157,565.76 $370,925.00 $370,925.00 Row Labels Open Closed Claim Ct. 2020 Net Incurred 2019 Net Incurred Change 03/01/2010 - 03/01/2011 1 304 305 $2,369,191.04 $2,540,259.34 -$171,068.30 03/01/2011 - 03/01/2012 2 275 277 $1,857,834.57 $1,779,243.61 $78,590.96 03/01/2012 - 03/01/2013 2 244 246 $1,925,075.09 $1,885,805.62 $39,269.47 03/01/2013 - 03/01/2014 2 297 299 $1,743,629.88 $1,765,937.48 -$22,307.60 03/01/2014 - 03/01/2015 4 315 319 $2,862,594.94 $2,845,824.57 $16,770.37 03/01/2015 - 03/01/2016 3 246 249 $2,221,960.06 $2,401,910.60 -$179,950.54 03/01/2016 - 03/01/2017 7 265 272 $3,169,591.21 $2,836,971.71 $332,619.50 03/01/2017 - 03/01/2018 9 245 254 $2,004,646.62 $1,685,222.57 $319,424.05 03/01/2018 - 03/01/2019 19 265 284 $2,235,773.31 $1,291,027.55 $944,745.76 03/01/2019 - 03/01/2020 59 136 195 $763,665.29 $763,665.29 Grand Total 108 2592 2700 $21,153,962.01 $19,032,203.05 $2,121,758.96 Page 8 Disclosures Notice The purpose of this summary is to provide a brief description of the key coverages and to highlight selected information. It is not intended to completely identify all of the coverages and exclusions that are part of your program. The actual policy forms are the only complete representation of exclusions and limitation and constitute the legal contract between you and the insurance company. Please read your policies for specific details of coverages. Audit Your policy is subject to audit by the insurance company, at which time, new operations may be noted and appropriate premium adjustments made. To make sure that your policy is properly written to provide the coverage you expect, you should always let us know of any new business activities you have made or are planning. In addition, your liability, auto, and workers compensation insurance policies are based upon estimates of annual sales and payrolls. An audit of these policies may result in return or additional premiums. Contingent Profit Sharing and Supplemental Compensation Notice Pritchard & Jerden has supplemental compensation arrangements with some insurance companies. These compensation arrangements are company specific and vary by company. We may receive additional compensation from these arrangements. These arrangements are typically based on growth, profitability and retention. The additional compensation payable under these arrangements represents less than 1% of Pritchard & Jerden’s written premium. We are able to provide more specific information at an individual client’s request. Finance Committee Meeting 2/11/2020 1:05 PM 2020 Renewal of Excess Worker Compensation Insurance Department:Finance/Risk Managment Presenter:Joe Crozier/Judy Blackstone Caption:Approve Excess Workers’ Compensation Insurance with Safety National Casualty with statutory limits and a $750,000 Self Insured Retention (SIR – otherwise known as the deductible) to cover all positions for a premium of $380,979. Background:Augusta is self-insured for all Worker's Compensation Claims. By purchasing an excess claims policy, exposure is limited to payment of claims below that amount. Simply stated, each worker’s compensation claim has the potential cost of $750,000 to the government before the excess coverage policy takes effect. Analysis:Past claim experience, current claim exposure, and potential future cost were considered. It was determined that an SIR of $750,000 is appropriate for our level of risk. Corvel, our Workers’ Compensation Third Party Administrator, was requested to obtain quotes from A or A+ rated companies that offer this type policy. Corvel received the following quotes from the following companies: Safety National Casualty XL Insurance Chubb Global Casualty The following companies declined to provide an offer: Synergy Insurance Company Sompo Japan Insurance Company of America Prosight Specialty Insurance Financial Impact:Maintaining the SIR of $750,000 offers the greatest value (cost of premium relative to expected claim exposure) to Augusta- Richmond County government. Alternatives:1) Increase level of coverage threshold to $1,000,000 per claim (increasing out of pocket cost by $250,000 per claim, or 2) Drop coverage accepting full exposure/cost for any catastrophic job related injury. 3) Decrease SIR in exchange for significantly higher premium Recommendation:Approve coverage with Safety National Casualty (lowest premium quote) with SIR of $750,000 for all positions with Statutory Limit for a deposit premium of $380,979. Funds are Available in the Following Accounts: 621 01 5233 WC/Risk Management REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting 2/11/2020 1:05 PM Approve 2020 Augusta Commercial Property Insurance Renewal Department:Finance Presenter:Joe Crozier Caption:Request to approve Augusta Commercial Property Insurance coverage for 2020 offered through Affiliated FM, current carrier, for a premium of $475,000 for full blanket coverage and limited flood coverage in flood prone areas. Background:Augusta has elected to use Property Insurance Broker Services and carry commercial property insurance on its properties since consolidation. The Risk Management Office staff inspects all Augusta properties annually and works with insurance company engineers in helping to reduce risk of property loss to Augusta. Analysis:Dawson & Taylor Insurance Company seek annual quotes from the insurance market for "all risks" coverage on buildings and contents. Please see attachments for quote summary and list of declinations. Several insurers did not qualify or declined to quote coverage. Quotes are obtained from companies with A or better rating. Affiliated FM is the low bidder and is providing the greatest level of coverage for the exposure. Current coverage carries a $50,000 deductible per occurrence except for flood and earthquake. Financial Impact:A premium for blanket coverage is being offered on total property values of $702,482,863 for $475,000 with a $50,000 deductible. Fort Gordon Water System – Substantiated values will be added – Premiums will be adjusted. The quote from Affiliated FM includes flood coverage. Alternatives:Drop coverage and retain risk, 2. Reduce premiums by only insuring those properties representing the largest losses should an event damage the structures (Municipal Building, Law Enforcement Center, Judicial Center, RCCI, etc.) Recommendation:Approve Commercial Property Insurance coverage renewal for 2020 through Affiliated FM for a premium of $475,000 which includes flood coverage and Boiler & Maintenance coverage. Effective March 1, 2020 - March 1, 2021 Funds are Available in the Following Accounts: Funds are Available in the Following Accounts: 611 015212 Risk Management General Insurance Fund Account REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Request for Proposal Request for Proposals will be received at this office until Tuesday, December 3, 2019 @ 11:00 a.m. for furnishing: RFP Item # 20-123 Third Party Administration Services for Workers Compensation Augusta GA - Finance Department – Risk Management Division Commodity Code: 001-953-92, 032-949-93, 032-949-95, 032-949-94 RFPs will be received by: The Augusta Commission hereinafter referred to as the OWNER at the offices of: Geri A. Sams, Director Augusta Procurement Department 535 Telfair Street - Room 605 Augusta, Georgia 30901 RFP documents may be viewed on the Augusta Georgia web site under the Procurement Department ARCbid. RFP documents may be obtained at the office of the Augusta, GA Procurement Department, 535 Telfair Street – Room 605, Augusta, GA 30901. All questions must be submitted in writing by fax to 706 821-2811 or by email to procbidandcontract@augustaga.gov to the office of the Procurement Department by Friday, November 15, 2019, @ 5:00 P.M. No RFP will be accepted by fax, all must be received by mail or hand delivered. No RFP may be withdrawn for a period of 120 days after bids have been opened, pending the execution of contract with the successful bidder(s). Request for proposals (RFP) and specifications. An RFP shall be issued by the Procurement Office and shall include specifications prepared in accordance with Article 4 (Product Specifications), and all contractual terms and conditions, applicable to the procurement. All specific requirements contained in the request for proposal including, but not limited to, the number of copies needed, the timing of the submission, the required financial data, and any other requirements designated by the Procurement Department are considered material conditions of the bid which are not waivable or modifiable by the Procurement Director. All requests to waive or modify any such material condition shall be submitted through the Procurement Director to the appropriate committee of the Augusta, Georgia Commission for approval by the Augusta, Georgia Commission. Please mark RFP number on the outside of the envelope. Proponents are cautioned that acquisition of RFP documents through any source other than the office of the Procurement Department is not advisable. Acquisition of RFP documents from unauthorized sources places the proponent at the risk of receiving incomplete or inaccurate information upon which to base his qualifications. Correspondence must be submitted via mail, fax or email as follows: Augusta Procurement Department Attn: Geri A. Sams, Director of Procurement 535 Telfair Street, Room 605 Augusta, GA 30901 Fax: 706-821-2811 or Email: procbidandcontract@augustaga.gov GERI A. SAMS, Procurement Director Publish: Augusta Chronicle October 24, 31, November 7, 14, 2019 Metro Courier October 24, 2019 Revised: 2/17/2016 OFFICIAL VENDORS Attachment "B"E-Verify #Addendum 1 SAVE Form Original 7 Copies Fee Proposal USIS, IND 5728 MAJOR BLVD, SUITE 450 ORLANDO, FL 32819 Yes 788434 Yes Yes Yes Yes Yes BRENTWOOD SERVICES ADMINISTRATORS 104 CONTINENTAL PLACE, SUITE 200 BRENTWOOD, TN 37027 Yes 311414 Yes Yes Yes Yes Yes SPECIALIZED CONTRACT ADMINISTRATORS 301 RIDGELAND DR GREENVILLE, SC 29601 Yes 524292 Yes Yes Yes Yes Yes COLLINS AND COMPANY, INC. 1275 SHILOH RD, NW KENNESAW, GA 30144 Yes 584152 Yes Yes Yes Yes Yes CORVEL CORPORATION/ ATLANTA 1745 NORTH BROWN RD., SUITE 275 LAWRENCEVILLE, GA 30043 Yes 455543 Yes Yes Yes Yes Yes GEORGIA ADMINISTRATIVE SERVICES 1775 SPECTRUM DRIVE, SUITE 100 LAWRENCEVILLE, GA 30043 Yes 538521 Yes Yes Yes Yes Yes JOHNS EASTERN COMPANY 6015 RESOURCE LANE LAKEWOOD RANCH, FL 34202 Yes 708337 Yes Yes Yes Yes Yes JOHNSTON & ASSOC. / OCCUSURE 830 CRESCENT CENTRE DR., SUITE 220 FRANKLIN, TN 37067 Yes 844277 Yes Yes Yes Yes Yes SEDGWICK 8125 SEDGWICK WAY MEMPHIS, TN 38125 Yes 36-2685608 No Non- Compliant Yes Yes Yes Yes Yes TRISTAR INSURANCE GROUP 100 OCEANGATE, SUITE 700 LONGBEACH, CA 90802 Yes 205759 No Non-Compliant Yes Yes Yes Yes RFP Opening - RFP #20-123 Third Party Administration Services for Workers Compensation Augusta GA - Finance Department – Risk Management Division RFP Date: Tuesday, December 3, 2019 @ 11:00 a.m. Total Number Specifications Mailed Out: 18 Total Number Specifications Download (Demandstar): 7 Total Electronic Notifications (Demandstar): 114 Georgia Procurement Registry: 84 Mandatory Pre-Proposal/Telephone Conference Attendees: NA Total packages submitted: 10 Total Noncompliant: 1 Page 1 of 1 Finance Committee Meeting 2/11/2020 1:05 PM Award of RFP 20-123 Worker Compensation TPA Department:Finance/Risk Managment Presenter:Joe Crozier/Judy Blackstone Caption:Motion to approve award of RFP 20-123, Worker Compensation Third Party Administration (TPA) to Corvel Corporation. Background:The contract for TPA for Worker Compensation is due for renewal in year 2020. The Procurement Department advertiised the RFP on behalf of Risk Management and received 10 bids: 8 bids met Procurement requirements and were evaluated. The 4 top scoring respondants provided presentations to Procurement and the Evaluation Committee. Corvel received the highest score and is hereby recommended for award of the bid. Analysis:Corvel is the current provider of TPA services for Augusta GA. Risk Management has found Corvel Corporation to be a great partner in providing excellent service to employees of Augusta, GA. CorVel offers Augusta a 24/7 Nurse Triage call center at no additional cost to Augusta. Normal charge per call is $125.00. Augusta’s employees have called CorVel’s 24/7 nurse line 1,354 times since 2/2015. Direct savings of $169,250.00, (1,354 calls x normal fee of $125.00/call) have benefited Augusta. Additionally, 39% of all calls to Corvel’s 24/7 nurse line have resulted in First Aid/Self Care avoiding a medical only or lost time claim. Cornel offers many features that offer a more proactive approach to reducing worker's compensation claims and premiums and returning Augusta employees to work as quickly as possible. Financial Impact:Year One $75,000 Year Two $80,000 Year Three $85,000 Alternatives:Consider another provider with a lower score Recommendation:Award RFP 20-123, contract for Workers Compensation Third Party Administrator services to Corvel Corporation. Funds are Available in the Following Accounts: Funding is available from Account 621 01 5231 REVIEWED AND APPROVED BY: Finance. Procurement. Law. Administrator. Clerk of Commission ORCI Finance committee Meeting co*.lssion chamber - l/2g/2020ATTENDANCE: Present: Hons' Fennoy, chairman; D. wilriams, vice chairman; M.Williams and Frantom, members.Absent: Hon. Hardie Davis, Jr, Mayor. '' W;;'." to approve the minutes of the Finance committee held on January 14, F'INANCE Motions Motion Type Approve Item Action: Approved Motion Text Motion to approve. Motion Passes 4-0. Made By Seconded By Motion Result Commissioner Commissioner Dennis Williams William Fennoy Passes www.auqustaga.qov Finance Committee Meeting 2/11/2020 1:05 PM Minutes Department: Presenter: Caption:Motion to approve the minutes of the Finance Committee held on January 28, 2020. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: