505 S. Villa Real, Suite 203A, Anaheim – www.LyonsSecurityInc.com – Telephone: (949) 298-6859 – Email: [email protected] Lyons Security Service, Inc., an Anaheim Business, is submitting an updated Costs for the City of Anaheim Emergency Shelter Years: July 1, 2024, through June 30, 2025. Anticipated Budget for July 1 2024 – June 30 2025 Lyons Security currently provides security coverage for the Anaheim Emergency Shelter located on the Salvation Army property in the city of Anaheim. The shelter supports housing for 324 individuals experiencing homelessness. Lyons provides 24/7/365 security patrols of the complex and neighboring street areas. Currently, we provide 120 hours daily to the shelter and will continue to do so for the July 1, 2024 – June 30, 2025 fiscal year. Continuity of Coverage: Lyons will continue to schedule staff at the levels consistent to the shelter needs of 120 hours per day. Continuity of Price: Despite potential fiscal escalations, Lyons will maintain our hourly rate at $30.92 as a demonstration of our commitment to being a reliable partner to the city. While we hold steady on our hourly rate, adjustments to our General Liability and Excess Liability insurance costs are necessary, reflecting significant shifts observed in the Insurance Market this year. These adjustments stem from Insurance Companies becoming more risk-averse regarding clients engaging with affordable housing and shelter communities. Specifically, in 2024, our General Liability increased by 176.1% compared to the previous year, and our Excess Liability surged by 336.2%. Current Coverage 1. For FY 24/25, we will be providing 120 Hours of Security Service a day, 365 days a year, at an hourly rate of $30.92 for 357 days a year and $46.38 per hour on 8 recognized holidays. The 120 Hours a day is broken down by the following coverage: a. 1 Guard, 24/7, at the front entrance of the parking lot to verify and allow the permitted entrance of pedestrian and vehicle traffic. b. 1 Guard, 24/7, at the Intake desk, signing in and out of individuals, verifying unauthorized items are not permitted. c. 1 Guard, 24/7, patrolling the trailers housing 324 residents d. 1 Guard, 24/7, patrolling the parking lot, assists with check-ins. e. 1 Guard, 24/7, working to assist staff throughout the property. 2. The total number of hours of service currently being provided per day is 120 Estimated Costs: $1,453,073.40 1. Anaheim Emergency Shelter Total Coverage: $1,367,282.40 2. Insurance Adjustments: $85,790.40 a. This will be invoiced each month in evenly split payments of $7,149.20 b. Any Additional Coverage will be at the Hourly Rates: i. Regular Per Hour Costs: $30.92 ii. 8 Recognized Holidays Hourly Costs: $46.38
505 S. Villa Real, Suite 203A, Anaheim – www.LyonsSecurityInc.com – Telephone: (949) 298-6859 – Email: [email protected] 2024 Breakdown: Basic Hourly Wage $20.00 $20.00 FICA Taxes $1.53 FUTA & SUTA $0.54 $2.07 Worker's Compensation $1.52 General Liability $1.47 $2.99 Employee Benefits Sick Pay $0.39 Health Insurance $1.88 $2.27 Overhead/Management Accounting $0.19 Field Management Expenses $0.56 Project Manager Expense $0.61 Office Expenses $0.22 Profit $0.33 Training $0.84 Uniform Fees $0.21 Equipment Expense $0.48 E & O Costs $0.15 $3.59 TOTAL HOURLY RATE $30.92