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HomeMy WebLinkAboutE Thomas Powers/Medical Ins Expertise for Group Insurance 1987 GROUP MEDICAL INSURANCE PURCHASE OF SERVICE AGREEMENT This agreement is made this 1st day of August 1987, by and between the City of Oshkosh herei.na ter called the City, and E. Thomas Powers , hereinafter called Provider, for the purpose of providing expert services in the development and administration of a system for group, medical insurance to the City employees. Services provided under this agreement shall be at the request of the City and shall be sufficient to accomplish the purposes stated herein. Provider shall be considered an independent contractor and not an employee of the City. The City all not be responsible for deduction of taxes, payment security or any other fringe benefit. The contract price staed herein shall be the entire compensation and shall include all services of any nature rendered by Provider, and Provider shall not be entitled to any additional compensation from any source for such services. The Provider of Service agrees for the consideration hereunder provided to complete the following services to the satisfaction of the City. A. Negotiate with the City' s present insurance carriers based on the present benefits for funding levels that fall within budgeted amounts. (1) B. Secure new benefit costs from insurance carrier on behalf of the City prior to City negotiations. C. Negotiate with present carrier to amend the existing program and its administration. Negotiate for correction of deficiencies discovered in analysis of the program. D. Make available to the City the necessary funding levels for the following year prior to submission of the annual budget. FEE PROVISIONS AND TERM A. For a three (3) year contract, the fee shall be Six Thousand Dollars ( $6, 000) annually, payable in advance. TERMINATION OR CANCELLATION A. In the event that service proves to be un- satisfactory to the City, the contract may be terminated on the next anniversary date. If termination occurs prior to the first anniver- sary on a three ( 3) year contract, the single year fee shall be applicable. B. In the event that Provider dies, becomes dis- abled, or otherwise unable to complete the contract, any fees previously paid shall be returned to City on a pro rata basis . This contract shall constitute the entire agreement of the parties and it is agreed that no other representations have been made and no other documents or course of dealings are to be incorpor- ated herein. (2) Three year contract signed at the locations and on the dates stated below. , 44 At t City of Milwaukpe, Wisconsin, this L-74-) day of E. Thomas Powers At the City of Oshkosh, Wisconsin, this day of 19S7 (AZA.t-k Attrivittv - aCCrUC i ) City Comptroller APF'R eV D MAY 2 '‘8 I A lli opiK004,. wiscoNattir.1 (3)