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AgdaPkt 2020-06-22 Joint SA PFA
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AgdaPkt 2020-06-22 Joint SA PFA
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10/1/2020 9:41:37 AM
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6/18/2020 5:21:56 PM
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CC Index
CC Index - Document Type
Agenda Packet
Date
6/22/2020
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6.113. - Page 4 of 6 <br />AMENDMENT NO. 3 TO AGREEMENT FOR CLAIMS ADMINISTRATION SERVICES <br />SEDGWICK CLAIMS MANAGEMENT SERVICES, INC. <br />This Amendment No. 3 (the "Amendment No. 3") to that Agreement for Claims <br />Administration Services, dated as of July 1, 2015, as amended (the "Agreement") by and <br />between City of Redwood City, a charter city and municipal corporation of the State of <br />California ("City') and Sedgwick Claims Management Services, Inc., an Illinois corporation <br />("Sedgwick" or "Assignee" or "Consultant") as assignee of York Risk Services Group, Inc. <br />("York" or "Assignor"), is entered into and effective as of July 1, 2020 (the "Amendment <br />No. 3 Effective Date"). All capitalized terms used and not otherwise defined herein shall <br />have the meanings set forth in the Agreement. <br />RECITALS <br />A. York hereby assigns, transfers, grants, and conveys all its rights, title, <br />interest, powers, privileges, and benefits under the Agreement to Sedgwick. <br />B. Sedgwick as assignee hereby assumes the liabilities under the Agreement <br />and perform such assumed liabilities as they come due, in each case in the manner and <br />to the extent set forth in the Agreement. <br />C. City and York previously executed that Agreement dated as of July 1, 2015. <br />D. City and York previously executed Amendment No. 1 to the Agreement <br />("Amendment No. 1"), dated as of July 1, 2018. <br />E. City and York previously executed Amendment No. 2 to the Agreement <br />("Amendment No. 2"), dated as of July 1, 2019. <br />F. The Parties have negotiated and agreed to the terms and conditions set <br />forth in this Amendment No. 3. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, and other good and valuable consideration, the receipt and sufficiency <br />of which is hereby acknowledged, the Parties agree as follows: <br />1. City will pay Consultant a flat -rate amount of Three Hundred Eighty -Seven <br />Thousand Two Hundred Ninety -Three Dollars ($387,293) for the completion of all the <br />services, which sum will include all costs or expenses incurred by Consultant. Including <br />all amendments through Amendment No. 3, the total amount payable under the <br />Agreement will be a flat -rate amount of Two Million One Hundred Ninety -Nine Thousand <br />and Twenty -Six Dollars ($2,199,026). <br />2. Unless terminated earlier, the terms of this Amendment No. 3 will be <br />effective as of the Amendment No. 3 Effective Date through June 30, 2021. <br />REV: 06-09-2020 MI <br />ATTY/AGR.Amend No. 3/Sedgwick Claims Management Services, Inc. (Page 1 of 3) <br />22 <br />
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