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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: WC117

Long Title: AMI Risk Consultants, Inc.

Vendor Name: AMI

Total Contract Amount: $157,200.00

Total Budgetary Amount: $113,400.00

Total Payment To Date: $113,400.00

Date of Execution: 05/20/2015

General Description: Actuarial Services as required by statute to review the unfunded liabilities for the Florida Special Disability Trust Fund as stated per the terms and conditions of the contract. Services will begin upon execution of the contract and conclude 24 months later. Note: This contract is paid at $21,900 per fiscal year for a total of $43,800 for the two year term.

Main Information

Agency Contract ID: WC117

FLAIR Contract ID: D0952

Short Title: AMI

Long Title: AMI Risk Consultants, Inc.

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Closed or Expired

Date of Execution: 05/20/2015

Date of Beginning: 05/20/2015

Original End Date: 05/19/2017

New Ending Date: 09/16/2019

Agency Service Area: WC

Statutory Authority: 440.49, F.S.

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: Agency Request For Proposals [s. 287.057(1)(b), F.S.]

State Term Contract ID:

Contract’s Exemption Justification:

Agency Reference Number: DFS RM RFP 13/14-21

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: $43,800.00

Total Contract Amount: $157,200.00

Total Recurring Budgetary Amount: $113,400.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $113,400.00

Total Unfunded Amount: $43,800.00

As of Date: 4/19/2019

Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$23,200.00 43-20-2-798001-43600100-00-100777-00 07/01/2019 2019-2020 A2
$23,200.00 43-20-2-798001-43600100-00-100777-00 07/01/2017 2017-2018
$23,200.00 43-20-2-798001-43600100-00-100777-00 07/01/2016 2016-2017 R1
$21,900.00 43-20-2-798001-43600100-00-100777-00 07/01/2015 2015-2016
$21,900.00 43-20-2-798001-43600100-00-100777-00 05/20/2015 2014-2015


No Non-Recurring Budgetary records found for this contract.

Contract Change

Change Type Amendment Amount Agency Amendment Reference Change Description Amendment Effective Date Amendment Execution Date New Ending Date
Extension $23,200.00 A2 Extension and increases amount. 05/20/2019 04/15/2019 09/16/2019
Renewal $43,800.00 R1 Renewal #1: Invoking the second term of the renewal. 05/20/2017 02/07/2017 05/19/2019
Amendment $46,400.00 A1 Renewal #1: Invoking the second term of the renewal. 05/20/2017 02/07/2017 05/19/2019

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
AMI AMI RISK CONSULTANTS, INC MIAMI FL 331840000 Asian-American, Certified

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
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide a f... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide a f... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
     
Actuarial consulting services Analyze the Florida Special Disability Trust Fund’s (Fund) exposure and loss history and provide the... Fixed Price - Lump Sum
 Displaying 1 to 8 of 8    


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
     
2019-2020 $23,200.00
     
2018-2019 $23,200.00
     
2017-2018 $23,200.00
     
2016-2017 $21,900.00
     
2015-2016 $21,900.00

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 - D0952 05/20/2015 4/19/2019 2:06:11 PM
Procurement Original Contract - D0952 6/2/2015 8:52:55 AM
Amendment A1 02/07/2017 2/9/2017 3:06:03 PM
Extension A2 04/15/2019 4/19/2019 2:04:34 PM
Renewal R1 02/07/2017 2/9/2017 3:04:06 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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