TITLE
REQUEST TO EXERCISE THE CONTRACT FIRST (1) YEAR EXTENSION OPTION WITH CANNON COCHRAN MANAGEMENT SERVICES, INC. FOR THIRD-PARTY WORKERS COMPENSATION ADMINISTRATIVE SERVICES
SPECIFICATION P-22017
BODY
To the Honorable Board of Commissioners of the Chicago Park District
I. Initial Award Information
It is recommended that the General Superintendent and CEO or his designee enter into a one-year extension of the contract with Cannon Cochran Management Services, Inc. (CCMSI) for third-party administrative (TPA) services. The contractor was selected pursuant to a publicly advertised request for proposals.
Date of Award: August 9, 2023 - Chicago Park District Board Meeting
Contractor: Cannon Cochran Management Services, Inc.
550 West Van Buren Street
Chicago, IL 60607
Company Type: Corporation
Scope of Services: The Administrator's responsibilities include, but are not limited to the following: 1) effectively managing workers compensation claims that result in i) containment of costs; ii) constructive communication and coordination with all interested and affected parties; iii) education of employees; and iv) maintenance of adequate reserves; 2) reducing expenses and simplifying program administration; 3)initiating prompt investigation and determination of liability; and 4) establishing practical, measurable, and attainable standards against which the Park District can evaluate the effectiveness of the program. This description of Services is intended to be general in nature and is neither a complete description nor a limitation on the Services that Administrator is to provide under this Agreement.
Contract Period: Two (2) years initial term with three one (1) year extension options. If extensions options are exercised, funding shall be based upon annual appropriations.
Contract Amount: Not-to-exceed $163,656.00 for the one-year contract extension.
II. Performance to...
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