Title and Board Action Requested
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Approve the renewal of the Risk Management Program Contract and Instructional Services Program Contract with Putnam County School Board on Behalf of the North East Florida Educational Consortium and Issuance of a PO in the Amount of $ 4,356,988.73 for the Contract and Non-Consortium Member fee.
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Executive Summary
The Supervisor of Risk, Benefits & Wellness, on behalf of the Superintendent of Schools, hereby requests the Board Approve the renewal of the Risk Management Program Contract and Instructional Services Program Contract Between the Hernando County School Board and the Putnam County School Board on Behalf of the North East Florida Educational Consortium for the Purpose of Providing Protection Against Losses through the Purchase of Various Property and Casualty Insurance Policies and Funding of Our Self-Insured Loss Funds. The Contract Also Provides Risk Management Services Including Safety Training, Claims Administration and Instructional Services.
The Cost of the Risk Management Program Last Fiscal Year was $3,440,114.00 a difference of $916,874.73
My Contact
Awilda R. Fonte
Supervisor of Risk, Benefits and Wellness
fonte_a@hcsb.k12.fl.us
2018-23 Strategic Focus Area
Pillar 2: People
Financial Impact
See attached budget sheet.
If expenditure is not currently budgeted, this will serve as the budget amendment when Board approved. If the agenda item includes the purchase of goods or services, the funds requested are an anticipated amount and may fluctuate depending on such factors as current market conditions, product availability, additional funding sources, and the needs of the District. Should the actual cost exceed the anticipated amount, the Board approves the additional cost, after review by the superintendent, but not in excess of the funds available in the site’s approved annual budget.