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On agenda:
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6/4/2024
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Final action:
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6/4/2024
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Title:
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Approve an Amendment to the Contract with CorVel Enterprise Comp, Inc., for CBE No. 605355-19, for Third Party Administrator (TPA) Services for Clark County Workers' Compensation; and authorize the Chief Financial Officer or her designee to sign the Amendment; or take other action as appropriate. (For possible action)
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CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Jessica Colvin, Chief Financial Officer Les Lee Shell, Deputy County Manager |
Recommendation:
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Approve an Amendment to the Contract with CorVel Enterprise Comp, Inc., for CBE No. 605355-19, for Third Party Administrator (TPA) Services for Clark County Workers' Compensation; and authorize the Chief Financial Officer or her designee to sign the Amendment; or take other action as appropriate. (For possible action)
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FISCAL IMPACT:
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Fund #: |
6530.000 |
Fund Name: |
Workers’ Compensation |
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Fund Center: |
1020530000 |
Funded PGM/Grant: |
N/A |
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Amount: |
Not to exceed $720,400.50 |
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Description: |
Third Party Administrator (TPA) Services for Clark County Workers’ Compensation |
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Additional Comments: |
The initial Contract amount was $4,802,669.95, Amendment No. 1 increased the Contract amount by $329,995.05, Amendment No. 2 will increase the Contract amount not to exceed $720,400.50 for a new total Contract amount of $5,853,065.50 should all renewal options be exercised. This amount is subject to change as the actual Contract amount is based on the number of workers’ compensation claims processed. |
BACKGROUND:
On July 16, 2019, the Board of County Commissioners (Board) approved the award of CBE No. 605355-19 for Third Party Administrator (TPA) Services for Clark County Workers' Compensation to CorVel Enterprise Comp, Inc. (NBE) in the amount of $4,802,669.95 for third party administrator services that ensure injured employees receive benefits in accordance with Nevada Revised Statutes 616 and 617.
The following are the pertinent provisions of the Contract:
• The term of the Contract was from date of award through June 30, 2020 and included the option to renew for 4, one-year periods and included a 3-month extension. There are no renewal options remaining.
• Included the County’s option to terminate for cause, convenience or default and suspend the Contract with advanced written notice.
Amendment No. 1 provided for the addition of medical bill review services for physical referral examinations of Clark County employees.
Approval of Amendment No. 2 will extend the current Contract term through December 31, 2024. The attached Amendment No. 2 document details the modifications and costs involved.
CorVel Enterprise Comp, Inc currently holds a Clark County Business License.
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