Renewal Amendment No. 4
Keenan & Associates – License #0451271
Confidential Information – For Client Use Only
(Rev. 1/10) Page 1 of 2
RENEWAL AMENDMENT No 4
This Amendment hereby amends the Self-Insured Claims Administration Agreement (“Agreement”) dated July 1, 2016 by and between Keenan & Associates and City of Commerce (hereinafter referred to collectively as the “Parties”) as follows:
WHEREAS, the current term of the Agreement shall expire on June 30, 2024; and WHEREAS, the Parties desire to continue their relationship subject to the terms and conditions outlined in the Agreement;
NOW, THEREFORE, the Parties agree as follows:
1. The Agreement is hereby renewed for an additional one (1)-year term beginning on July 1, 2024 and ending on June 30, 2025 (“Renewal Term”).
2. Client agrees to pay Keenan, for Services rendered under this Agreement, a total fee of forty-four thousand, six hundred one dollars ($44,601) payable in full on July 1, 2024.
3. Section 12.C is hereby amended to read as follows:
“Upon termination of this Agreement Keenan shall return open and closed claim files, loss reports, payroll information and other documents and materials relating to the services provided under this Agreement to Client within a reasonable time after termination. Keenan will not be financially responsible for any costs, fees, charges, or amounts to transfer the electronic and/or physical files either from a storage facility or from the Keenan’s office to the new third- party administrator or back to the Client. Keenan may retain a copy of Client’s files as is necessary to document the services provided and/or to remain compliance with applicable statutes, rules, or regulations.”
4. All the remaining terms and conditions of the Agreement shall remain unchanged and in full force and effect, and shall govern the conduct of the Parties during the Renewal Term.
5. The effective date of this Amendment is July 1, 2024.
6. Each person signing this Amendment to the Agreement on behalf of a Party represents and warrants that he or she has the necessary authority to bind such Party and that this Amendment is binding on and enforceable against such Party.
Signature page to follow.
Renewal Amendment No. 4
Keenan & Associates – License #0451271
Confidential Information – For Client Use Only
(Rev. 1/10) Page 2 of 2
City of Commerce Keenan & Associates
Signature: Signature:
By: Ernie Hernandez By: Tara Schilling
Title: City Manager Title: President, Claims Operations Address: 2535 Commerce Way,
Commerce, CA 90040
Address: 2355 Crenshaw Blvd., Suite 200
Torrance, CA 90505
Email: [email protected] Email: [email protected] Attention: Mike Haraway Attention: Zack Zukowski