RECOMMENDATION(S):
APPROVE and AUTHORIZE the Purchasing Agent, on behalf of Risk Management, to amend the purchase order with Ventiv Technology Inc, to extend the term from October 1, 2020 to December 31, 2020 and increase the payment limit by $62,873.06 for a new total payment limit of $304,693.06, as recommended by the Director of Risk Management.
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. provides the iVOS claims management system used by Risk Management to process current and historical claims data for administration of claims, premium charges, actuarial analysis and identification of loss trends.
CONSEQUENCE OF NEGATIVE ACTION:
County will not have the continued licensing for the workers' compensation and liability claims management system software.
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