My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Agmt22 Intercare Holdings Insurance Services, Inc.
RedwoodCity
>
City Clerk
>
Agreements
>
2020-2029
>
2022
>
Agmt22 Intercare Holdings Insurance Services, Inc.
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/30/2025 9:44:04 AM
Creation date
6/27/2022 4:15:33 PM
Metadata
Fields
Template:
Agreement
Contractor Name
ntercare Holdings Insurance Services, Inc.
PROJECT NAME
Agreement for Claims Administration Services
RMP File Number
304
Date
7/1/2022
MO Ref
22-072
Amendment
Yes
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
REV: 07-15-25 MI <br />AMENDMENT NO. 1 TO AGREEMENT FOR CLAIMS ADMINISTRATION SERVICES <br />Pacific Secured Equities DBA Intercare Holdings Insurance Services, Inc. <br />This Amendment No. 1 (the “Amendment No. 1”) is entered into and effective as <br />of ________, 2025, by and between the City of Redwood City, a charter city and municipal <br />corporation of the State of California (“City”), and Pacific Secured Equities DBA Intercare <br />Holdings Insurance Services, Inc., a California corporation (“Consultant”) (collectively, the <br />“Parties”). <br />RECITALS <br />A. The Parties previously executed that certain Agreement For Claims <br />Administration Services, dated as of July 1, 2022, (the “Agreement”). <br />B. The Agreement expired on June 30, 2025. The Parties continued to work <br />together in good faith under the terms of the Agreement to ensure continuation of Services <br />beyond June 30, 2025. The Parties now wish to memorialize the extension of the <br />Agreement by this Amendment No. 1. <br />C. The Parties have negotiated and agreed to the terms and conditions set <br />forth in this Amendment No 1, including any terms and conditions of the attached Exhibit <br />“A,” incorporated herein by reference. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br />1. Consultant will provide the additional services set forth in Exhibit “A” of this <br />Amendment No. 1 and such services will be considered part of the Services for purposes <br />of the Agreement. <br />2. City will pay Consultant a flat-rate amount of Five Hundred Twenty-Nine Thousand <br />Three Hundred Seven Dollars and Twenty-One Cents ($529,307.21) for the completion <br />of all the services described in Exhibit “A” of this Amendment No.1, which sum will include <br />all costs or expenses incurred by Consultant. Including all amendments through <br />Amendment No. 1, the total amount payable under the Agreement will be a not-to-exceed <br />amount of Two Million Thirty Four Thousand One Hundred Fourteen Dollars and Forty <br />Two Cents ($2,034,114.42). <br />3. The term of the Agreement is hereby extended for an additional one year period. <br />Including all extensions through this Amendment No. 1, the total term of the Agreement <br />is four years, expiring on June 30th, 2026. <br />4. All other provisions of the Agreement will remain in full force and effect. <br />5. All requisite insurance policies to be maintained by Consultant pursuant to the <br />Agreement will include coverage for this Amendment No. 1. <br />ATTY/AGR.2025/Amend. No. 1/Pacific Secured Equities DBA Intercare Holdings Insurance Services, Inc. (Page 1 of 4) <br />July 25
The URL can be used to link to this page
Your browser does not support the video tag.