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Florida Department of Financial Services: F.A.C.T.S

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Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: RLCL-0529-12043

Long Title: Commercial Insurance Alliance

Vendor Name: R&L RECEIVERSHIP PAYMENTS

Total Contract Amount: $66,299.00

Total Budgetary Amount: $66,299.00

Total Payment To Date: NA

Date of Execution: 07/30/2012

General Description: Evalution of bond claims.

Main Information

Agency Contract ID: RLCL-0529-12043

FLAIR Contract ID: D0640

Short Title: Invotex

Long Title: Commercial Insurance Alliance

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 07/30/2012

Date of Beginning: 07/30/2012

Original End Date:

New Ending Date:

Agency Service Area: RL

Statutory Authority: 631

Contract Involves State or Federal Financial Assistance: No

Recipient Type:

Provide for Administrative Cost: No

Provide for Periodic Increase: No

Procurement Information

Authorized Advanced Payment: No

Method of Procurement: DRL Request for Quote - Insurer Insolvency; Guaranty of Payment [Chapter 631, F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number:

Business Case Study Done: No

Legal Challenges to Procurement: No

Outsourcing / Capital Improvements

Was the Contracted Function Previously Performed by the State: No

Was the Contracted Function Considered for Insourcing back to the State: No

Did the Vendor Make Capital Improvements on State Property: No

Budget Information

Original Contract Amount: $66,299.00

Total Contract Amount: $66,299.00

Total Recurring Budgetary Amount: $66,299.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $66,299.00

Total Unfunded Amount: $0.00

As of Date: 7/24/2013

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$25,603.00 43-10-2-393001-43500100-00-100777-00 07/01/2013 2013-2014
$40,696.00 43-10-2-393001-43500100-00-100777-00 07/01/2012 2012-2013


No Non-Recurring Budgetary records found for this contract.

Contract Change

No Contract Changes found for the contract.

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
R&L RECEIVERSHIP PAYMENTS TALLAHASSEE FL 323990000 Non-Minority

CFDA

No CFDA Codes found for the contract.

CSFA

No CSFA Codes found for the contract.
More Deliverable Number      Commodity/Service Type Major Deliverable Method of Payment
     
1 Economic or financial evaluation of projects Report (Exhibit A) that includes all of the Phase I claims evaluation data requested by RECEIVER and... Fixed Price - Lump Sum
     
10 Economic or financial evaluation of projects Determine if the claim reflects litigation activity Fixed Price - Lump Sum
     
11 Economic or financial evaluation of projects Determine type of bond claim Fixed Price - Lump Sum
     
12 Economic or financial evaluation of projects Establish a reserve Fixed Price - Lump Sum
     
13 Economic or financial evaluation of projects Update the spreadsheet (Exhibit A) with any necessary changes or additions Fixed Price - Lump Sum
     
2 Economic or financial evaluation of projects Phase I is to be completed thirty (30) days or less from the date the claim files are received by PR... Fixed Price - Lump Sum
     
3 Economic or financial evaluation of projects PHASE ll: (PROVIDER will not begin Phase ll unless and until written instruction is provided in writ... Fixed Price - Lump Sum
     
4 Economic or financial evaluation of projects Establish an evaluated amount. Fixed Price - Lump Sum
     
5 Economic or financial evaluation of projects Determine an evaluation description code Fixed Price - Lump Sum
     
6 Economic or financial evaluation of projects Update the Claim Evaluation Report (Exhibit A) with any necessary changes or additions. Fixed Price - Lump Sum
     
7 Economic or financial evaluation of projects At the conclusion of Phase II, PROVIDER will submit a Claim Evaluation Report (Exhibit A) that inclu... Fixed Price - Lump Sum
     
8 Economic or financial evaluation of projects Upon determination that Phase II is necessary, Phase II is to be completed ninety (90) days or less ... Fixed Price - Lump Sum
     
9 Economic or financial evaluation of projects Major Deliverable: Validate the information in the pre-filled columns of the Claim Evaluation Report... Fixed Price - Lump Sum
 Displaying 1 to 13 of 13    


Payments are also referred to as expenditures (creating or incurring a legal obligation to disburse money) or disbursements (the payment of expenditures). Payments include disbursements and accounting adjustments made on a contract. Payments are always positive amounts while accounting adjustments may be positive or negative depending on the type of adjustment.
  

If a payment or adjustment to a contract was made before July 1, 2012, the information may not be posted in this system.

Contract Documents


Click on the pdf icon or Agency Document Link to view the document
Document Type Document Reference # Executed Date Document Add Date Agency Document Link View
Original Contract Original Contract - D0640 07/30/2012 10/4/2012 3:18:41 PM


Audit results posted prior to June 30, 2012, appear in a summarized form. As of July 1, 2012, the audit reporting process was expanded to include additional questions and comments from the Bureau of Auditing. As audits are captured in electronic format, they will be posted to this system. If you are interested in seeing audit reports by Fiscal Year and Agency Action Plans, please click here to navigate to the Transparency Florida Contract Audit page.

  • No audits have been conducted on this contract at this time.
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