Agmt15 York Risk Services Group, Inc.

Browse Search

� Any other similar cost, fee or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a claim or loss or to the protection or perfection of the subrogation rights of PRINCIPAL. Upon agreement with the PRINCIPAL, York may, but need not, elect to utilize its own staff to perform these services. Associated fees and costs will be charged as ALAE. B. PRINCIPAL shall pay YORK fees due under VII. A of this Agreement no later than thirty (30) days after PRINCIPAL'S receipt of YORK'S invoice as rendered from time to time. Timely payment is an express condition of YORK'S obligations hereunder. C. INDIVIDUAL PRICING of Services is dependent on group pricing of all services as a whole. Workers Compensation and Managed Care Services pricing have been determined as a unit, contingent on the other, and cannot be separated without a new written pricing agreement for the remaining services. D. INTEGRATION COSTS of adding third party — if PRINCIPAL and YORK mutually agree in writing to "unbundle" or separate aspects of work of this contract and reach new financial terms for remaining service, the integration costs of adding a third party shall be paid separately by the PRINCIPAL. (PRINCIPAL shall have the option to include such costs in bid and collect from the third party.) However, YORK will not bear any costs of third party integration. YORK shall cooperate with integration and upon request provide known integration requirements. VIII. AUDIT A. YORK shall maintain books, records, reports and other documents, in electronic or other format reasonably acceptable to PRINCIPAL relating to its Claims Administration Services performed under this Agreement. All such records and documents pertaining to Claims and the services rendered by York shall be the property of PRINCIPAL and be open for inspection, audit and copying, at PRINCIPAL'S expense, by PRINCIPAL and its agents or their representatives during all regular business hours with reasonable prior notice to YORK. YORK shall cooperate fully with all such agents or other representatives of PRINCIPAL during audits or examinations conducted by PRINCIPAL or its agents. Auditors shall sign a nondisclosure/ confidentiality agreement provided by YORK. B. The contractor agrees to the disclosure of all information and reports resulting from access to the records pursuant to the subsection above. Where the audit concerns a contractor, the auditing agency will afford YORK an opportunity for an audit exit conference and an opportunity to comment on the pertinent portions of the draft ATTY/AGR/2015.068/YORK TPA REDWOOD CITY REV:04-20-15 MLG Page 11 of 17