DFS Header

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

Tweet

Contract Information

 

Summary

Agency Name: DEPARTMENT OF FINANCIAL SERVICES

Agency Contract ID: WC108

Long Title: Florida Self-Insurers Guaranty Association

Vendor Name: FLORIDA SELF-INSURERS GUARANTY

Total Contract Amount: $247,900.00

Total Budgetary Amount: $247,900.00

Total Payment To Date: $247,900.00

Date of Execution: 06/23/2014

General Description: "FS defines the work of FSIGA through Ch. 440.38, 440.385 and applicable rules. FSIGA is required to: Review apps to self insure; Provide a letter of recommendation for approval or disapproval to the dept; Collect, review and analyze financial statements and loss reserve information of its’ members; Review bond ratings of each member; Recommend w/d from the association if they no longer qualify; Collect and maintain required security deposits and excess ins. policies of members (current, withdrawn, former); Provide updated info. to the dept when changes to its’ members have occurred; Collect payroll reports and provide to the dept.; Maintain records on association members (current, withdrawn, former); and, Provide written notice to members whose security deposit is in excess of Department rules. Contract Commodity/Service Type: 477-990 (Return executed contract through Jacki Lawhon.)"

Main Information

Agency Contract ID: WC108

FLAIR Contract ID: D0884

Short Title: FSIGA

Long Title: Florida Self-Insurers Guaranty Association

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 06/23/2014

Date of Beginning: 07/01/2014

Original End Date: 06/30/2015

New Ending Date:

Agency Service Area: WC

Statutory Authority: 440.38 and 440.385

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: Exempt, Federal or state law prescribes with whom the agency must contract [s. 287.057 (11), FS]

State Term Contract ID:

Contract’s Exemption Justification: Federal or state law prescribes with whom the agency must contract.

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: $247,900.00

Total Contract Amount: $247,900.00

Total Recurring Budgetary Amount: $247,900.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $247,900.00

Total Unfunded Amount: $0.00

As of Date: 6/27/2014

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$247,900.00 43-20-2-795003-43600100-00-100777-00 07/01/2014 2014-2015


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
FLORIDA SELF-INSURERS GUARANTY TALLAHASSEE FL 323080000 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 INSURANCE, WORKMEN'S COMPENSATION Review applications for authorization to self-insure pursuant to Section 440.38(1)9b) & 440.385(6)(b... Fixed Fee / Unit Rate
     
10 INSURANCE, WORKMEN'S COMPENSATION Recommend withdrawal from the association if they no longer qualify. Rate Agreement: $247,900 ($20... Fixed Fee / Unit Rate
     
2 INSURANCE, WORKMEN'S COMPENSATION Collection and review of financial statements and loss reserve information of Association members in... Fixed Fee / Unit Rate
     
3 INSURANCE, WORKMEN'S COMPENSATION Collect/maintain orig. & sub. reqd. sec. deposits and excess ins. policies of members, w/drawn, form... Fixed Fee / Unit Rate
     
4 INSURANCE, WORKMEN'S COMPENSATION Provide the Department with written notification of any changes made to each self-insurer members' i... Fixed Fee / Unit Rate
     
5 INSURANCE, WORKMEN'S COMPENSATION Collection of completed Form SI-5 (Self-Insurer Payroll Report) as required from each Assn. member a... Fixed Fee / Unit Rate
     
6 INSURANCE, WORKMEN'S COMPENSATION Maintain the Department's records on current, former and withdrawn Association members in an organiz... Fixed Fee / Unit Rate
     
7 INSURANCE, WORKMEN'S COMPENSATION Provide written notice to members whose security deposit is in excess of Department rules. Rate Agr... Fixed Fee / Unit Rate
     
8 INSURANCE, WORKMEN'S COMPENSATION Provide a letter of recommendation for approval or disapproval to the dept. Rate Agreement: $247,9... Fixed Fee / Unit Rate
     
9 INSURANCE, WORKMEN'S COMPENSATION Review bond ratings of each member. Rate Agreement: $247,900($20,658.33/monthly) Fixed Fee / Unit Rate
 Displaying 1 to 10 of 10    


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.

Payment Details

"Date" in the listing below indicates the date the payment voucher was recorded in the system, not the date the payment was issued.
More Fiscal Year Total Amount
     
2014-2015 $247,900.00

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 - D0884 06/23/2014 7/15/2014 11:46:12 AM


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.
Audit Type Review Date Fiscal Year View
Contract Review 03/05/2015 2014-2015 View
BACK TO TOP    



2011 © Florida Department of Financial Services