title
PROPOSED CONTRACT
Department(s): Department of Risk Management
Vendor: Corvel Enterprise Comp, Inc., Downers Grove, Illinois
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: $267,960.00
Contract period: 12/1/2020 - 11/30/2023, with two (2), one (1) year renewal options
Potential Fiscal Year Budget Impact: FY 2021 $88,250.00, FY 2022 $89,855.00, FY 2023 $89,855.00.
Accounts: 11000.1490.11385.520830
Contract Number(s): 1950-18016
Concurrences:
The vendor has met the Minority- and Women-owned Business Enterprise Ordinance via direct participation.
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 reported monthly to the Board of Commissioners.
This contract is awarded pursuant to a publicly advertised Request for Proposals (RFP) process were in accordance with the Cook County Procurement Code. CorVel was recommended based on established evaluation criteria.
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