RECOMMENDATION(S):
APPROVE and AUTORIZE the Purchasing Agent, on behalf of Risk Management, to execute a purchase order with Ventiv Technology, Inc, in the amount of $241,820 for workers' compensation and liability claims management system maintenance and annual software licensing for the period from October 1, 2019 - September 30, 2020 as recommended by the Interim 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. 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 licensing for the workers' compensation and liability claims management system software.
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