title
PROPOSED CONTRACT
Department(s): Risk Management
Vendor: Corvel Enterprise Comp, Inc., Irvine, California
Request: Authorization for the Chief Procurement Officer to enter into and execute
Good(s) or Service(s): General Liability and Automobile Claims Administrator/Third-Party Administrator Services
Contract Value: $325,350.00
Contract period: 12/1/2015 - 11/30/2018, with two (2), one (1) year options for renewal
Potential Fiscal Year Budget Impact: FY 2016 $108,450.00, FY 2017 $108,450.00, FY 2018 $108,450.00
Accounts: 490-260
Contract Number(s): 1530-14426
Concurrences:
The vender has met the Minority and Women Owned Business Enterprise Ordinance.
The Chief Procurement Officer concurs.
Summary: The Department of Risk Management requests authorization for the Chief Procurement Officer to enter into and execute a contract with CorVel Enterprise Comp, Inc. (CorVel) to provide General Liability and Automobile Claims Administrator/Third-Party Administrator Services. CorVel will work closely with Risk Management and Cook County departments in the investigation and management of non-litigated general and automobile liability claims. All claim settlements are contingent upon approval by the Board of Commissioners.
Request for Proposals (RFP) procedures were followed in accordance with the Cook County Procurement Code. CorVel was recommended based on established evaluation criteria.
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