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HomeMy WebLinkAbout900301.tiff RESOLUTION RE: APPROVE AGREEMENT FOR SERVICES WITH COUNTY WORKERS ' COMPENSATION POOL AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, Weld County wishes to self-fund a portion of its anticipated workers ' compensation claim losses, and WHEREAS , the Board has been presented with an Agreement for Services with County Worker' s Compensation Pool, to become effective January 1, 1990 , with the further terms and conditions of said Agreement being as as stated in the Agreement, and WHEREAS, after study and review, the Board deems it advisable to approve said Agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for Services with County Workers ' Compensation Pool be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 4th day of April, A.D. , 1990, nunc pro tunc January 1, 1990 . y^ 7 BOA OF COUNTY COMMISSIONERS ATTEST: 1� WEL NTY, COLO ADO Weld County terk and Recorder and Clerk to the Board ene R. Brantner, Chairman Thi/l)x..ni A A i l �ic f/wy tJ eorge nedy Pro-Tem J " Deputy County C rk gy�5pp�(/ APPROVED AS TO FORM: n ce Z. ;afb�ft (b(tC.W. Kirby County Attorney EXCUSED Gordon E. Lacy v) lYlj 900301 AGREEMENT FOR SERVICES THIS AGREEMENT is entered into this 1st day of January, 1990 by and between the County Workers' Compensation Pool ("CWCP" or "Pool"), a public entity formed by intergovernmental agreement under Colorado law, and Weld County ("COUNTY"), a political subdivision of the State of Colorado. ARTICLE I. RECITALS 1. The COUNTY is a member in good standing of CWCP and has adopted the CWCP By-laws and Intergovernmental Agreement (the "Bylaws"), as amended from time to time by the CWCP membership. 2. The COUNTY is current with respect to all of its obligations to CWCP and therefore eligible to participate in CWCP's partially self-funded option program (the "Program"). 3. The COUNTY wishes through CWCP to self-fund a portion of its anticipated workers' compensation claim losses while having CWCP continue to provide claims handling and management services and loss control and prevention programs for the COUNTY and CWCP is willing to provide such services on the terms and conditions hereafter stated. ARTICLE H. TERM The Agreement shall take effect on the date COUNTY's partially self-funded program becomes effective, January 1, 1990, and shall continue for one year unless the County ceases to be a CWCP member. This Agreement and the Program shall continue and remain in effect to augment the terms of the Bylaws unless cancelled by either party as herein provided or until the County ceases to be a member of CWCP as provided by the Bylaws. Upon termination of this Agreement, neither party shall have any further responsibility or obligation hereunder except as provided herein or in the Bylaws. ARTICLE III. OBLIGATIONS OF COUNTY 1. The COUNTY annually shall budget and appropriate specific funds to pay CWCP an annual fee for insurance coverage and services rendered as set forth in addenda to this Agreement. After the inaugural year of the Program, the annual fee shall be subject to adjustment determined by CWCP. 2. The COUNTY annually shall budget and appropriate sufficient funds for the Page 1 of 5 900301 payment of claims, assessments or losses and of allocated loss expenses. For this purpose, allocated loss expenses means all costs, charges or expenses of third parties reasonable incurred by CWCP, its agents or its employees, which are properly chargeable to a qualified claim or loss including, without limitation, court costs, fees and expenses or attorneys, independent investigators, experts and witnesses, and fees for obtaining diagrams, reports, documents and photographs. A portion of such funds shall be delivered to CWCP at the inception of the COUNTY's participation in the Program in an amount determined by CWCP. Additional funds shall be forwarded to CWCP from time to time based on estimates delivered to the COUNTY by CWCP of the anticipated or actual level and volume of qualified claims, assessments or losses and allocated loss expenses. 3. The COUNTY shall pay the annual fees and loss fund contributions on or before February 15th of each year and shall pay promptly CWCP's invoices for loss fund payments within fifteen (15) days of receipt. 4. It is the parties' intent that at all times CWCP shall have available sufficient funds from the COUNTY to pay promptly all of the COUNTY'S reasonably anticipated qualified claims, assessments, losses and allocated loss expenses. The parties do not intend for CWCP be required to advance Pool funds to pay claims, assessments, losses or allocated loss expenses, or to perform services if the COUNTY fails to provide necessary funds as provided in paragraphs 1 and 2 of this Article III. ARTICLE IV. OBLIGATIONS OF CWCP CWCP will supervise, administer, manage and provide claims handling and management services through a Third Party Claims Administrator identified in the addenda to this Agreement and loss control and prevention programs to the COUNTY in accordance with the Bylaws and shall act as 'the representative of COUNTY in all matters related to such services. ARTICLE V. CANCELLATION 1. This Agreement may be cancelled on any anniversary date by either party giving the other written notice of intention to cancel as provided by Article XV of the Bylaws. 2. Should the COUNTY be expelled from membership in CWCP as provided by the Bylaws, CWCP shall retain all pending claim files. The COUNTY shall continue to reimburse CWCP for all costs associated with the COUNTY'S claims paid through CWCP which are subject to the COUNTY'S self-funded retention as specified in the addenda hereto. The COUNTY also shall pay all costs associated with continuing claim management subsequent to expulsion. Page 2 of 5 900391 • ARTICLE VI. INFORMATION All information developed for or specifically relating to claims servicing for the COUNTY, including all source documents, stored data and technical, claims, and other information of any kind, and reports prepared by or for CWCP, are the property of CWCP and remain CWCP exclusive property during the existence of and after termination of this Agreement. ARTICLE VIII. GENERAL PROVISIONS 1. Any notice between the parties required to be given under this Agreement (not including notices required by any excess insurance contracts) shall be sent by certified mail to the representatives of the parties identified in the addenda. 2. This Agreement is personal to each of the parties and no party may assign or delegate any of such party's rights or obligations hereunder without first obtaining the written consent of the other party. 3. Time is of the essence in the performance of all of the parties' obligations and duties under this Agreement. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by the following persons authorized to act on behalf of their respective entities, dated and effective as of January 1, 1990. CO W S; MPENSATION POOL (CWCP) • WELD COUNTY, COLORADO (COUNTY) i�s1 l7gjadadrschs_ By: Chair, Board of County Commissioners Date: t.ey,f 1 4 1999 Attest: if B : County Clerk (COUNTY SEAL) te: April 4, 1990 Page 3 of 5 900301 ADDENDUM I ANNUAL FEE: The COUNTY has budgeted, appropriated and agrees to pay upon receipt of CWCP's invoice and on or before February 15th, the Pool's annual fee including a Pool loss fund contribution and the COUNTY's share of the Pool's fixed costs in the total amount for 1990 of $107334. Payments due shall be considered delinquent if not paid by February 15th and shall accrue interest from the delinquency date. The interest rate shall be the prime rate of the bank in which the majority of the Pool's funds are invested on the delinquency date. SELF-FUNDED PORTION: The COUNTY has elected a self-funded retention of $200.000 for each claim occurring on or after January 1, 1990. Accordingly with respect to each and every claim or loss the COUNTY is totally responsible to CWCP for the payment of the first $200.000 of each claim or loss. The COUNTY has budgeted, appropriated and agrees to pay upon receipt of CWCP's invoice the COUNTY'S qualified claims, assessments or losses and allocated loss expenses. At the inception of the COUNTY's participation in the Program the COUNTY shall deliver $20.000 to CWCP. Additional funds shall be forwarded to CWCP from time to time based on estimates delivered to the COUNTY by CWCP of the anticipated or actual level and volume of qualified claims, assessments or losses and allocated loss expenses. Payments due shall be considered delinquent if not paid within fifteen (15) days of the invoice date and shall accrue interest from the delinquency date. The interest rate shall be the prime rate of the bank in which the majority of the Pool's funds are invested on the delinquency date. IN WITNESS WHEREOF, the parties have caused this Addendum to be executed by the following persons authorized to act on behalf of their respective entities, dated and effective as of January 1, 1990. COUNTY WORKERS' OMP NSATION POOL (CWCP) �/ By: Date: April 4, 1990 WELD COUNTY COLORADO,D (COUNTY) `i`!% �l+ cam! a. -= r. v� l P�J.¢ glinfy: Chair, Board of County Commissioners 2.14.12 Date: April 4, 1990 a, , / Page 4 of 5 Dc uty County Clerk 900301 ADDENDUM II Notices in connection with this Agreement and its Addenda shall be delivered to the following in the case of CWCP: County Workers' Compensation Pool c% Pool Administrator Colorado Counties, Inc. 1177 Grant Street Denver, Colorado 80203 and to the following in the case of COUNTY: CWCP Designated Correspondent IN WITNESS WHEREOF, the parties have caused this Addendum to be executed by the following persons authorized to act on behalf of their respective entities, dated and effective as of January 1, 1990. COU I WORKERS' C MP ATION POOL (CWCP) By. . Date: April 4, 1990 WELD COUNTY, COLORADO (COUNTY) y: Chair, Board of County Commissioners Date: April 4, 1990 Al 7.51-: ''J :1..D COUNTY -_';:RK A.HD RECORDER AND C..L`i?C -10 Ti ' OAKD. �y sM De uty County Clerk Page 5 of 5 9003C1 Hello