RECOMMENDATION(S):
APPROVE and AUTHORIZE the Purchasing Agent to execute on behalf of Risk Management a purchase order with Ventiv Technology, Inc. in the amount of $204,741 for workers' compensation and liability claims system software support for the period from October 1, 2015 to September 30, 2016 as recommended by the Risk Manager.
FISCAL IMPACT:
Costs are supported through Countywide Inter-departmental charges to the Internal Service Funds for workers' compensation and general liability.
BACKGROUND:
Ventiv Technology, Inc. is the sole provider of the iVOS Claims Management Software System which provides current and historical claims data for administration of claims, premium charges, actuarial analysis and identification of loss trends. The iVOS system is the copyrighted product of Ventiv Technology, Inc. which supplies the software, user licenses, software support, maintenance and application provider services used for our claims administration.
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