BY COUNCILOR STEWART:
RESOLVED, that RTW, Inc. be and hereby is awarded a contract for professional services for third party administration of workers’ compensation insurance for the human resources division in accordance with specifications on its low specification of $95,000, terms net 30, FOB destination, payable out of Self Insurance Worker’s Compensation Fund 0605, Department/Agency 036, Organization 1651, Object 5441.
STATEMENT OF PURPOSE: This resolution will authorize the purchase of professional administration services from RTW, Inc.in the amount of $95,000, payable out of Fund 0605 to professionally administer the city’s self-funded workers’ compensation program. The program has previously been self-administered by the city. Bid No. 05-0707