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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: 2223-18-OIR

Long Title: Workers' Compensation Statistical Agent

Vendor Name: NATIONAL COUNCIL ON COMPENSATIO

Total Contract Amount: $0.00

Total Budgetary Amount: $0.00

Total Payment To Date: NA

Date of Execution: 08/22/2023

General Description: The Contractor as Florida's designated Statistical Agent shall aid the OIR in collecting and compiling the experience of all workers' compensation insurers at least annually in such form and detail as is necessary in determining whether certain Insurer activities comply with the applicable standards of the Florida Statutes.

Main Information

Agency Contract ID: 2223-18-OIR

FLAIR Contract ID: I909C

Short Title: I909C NCCI

Long Title: Workers' Compensation Statistical Agent

Contract Type: Standard Two Party Agreement by Statute

Contract Status: Active

Date of Execution: 08/22/2023

Date of Beginning: 08/22/2023

Original End Date: 06/30/2028

New Ending Date:

Agency Service Area: COS

Statutory Authority: F.S. 627.331

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: Single source $2,500 or greater, not to exceed Category Two [Rule 60A-1.002(3), F.A.C.]

State Term Contract ID:

Contract’s Exemption Justification: NCCI is the only licensed workers' compensation ratings organization and only statistical agent in Florida.

Agency Reference Number: 2223-18 SS OIR NCCI

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: $0.00

Total Contract Amount: $0.00

Total Recurring Budgetary Amount: $0.00

Total Non-Recurring Budgetary Amount: $0.00

Total Budgetary Amount: $0.00

Total Unfunded Amount: $0.00

As of Date: 10/19/2023

No Recurring Budgetary records found for this contract.

Non-Recurring Budgetary Amount Account Code Fiscal Year Effective Date FY Cost Accumulator Agency Amendment Reference
$0.00 08/23/2023 2023-2024

Contract Change

No Contract Changes found for the contract.

Vendor

Name Line 1Name Line 2City State ZipMinority Vendor Designation
NATIONAL COUNCIL ON COMPENSATIO BOCA RATON FL 334870000 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
     
Financial and Insurance Services The Contractor as Florida's designated Statistical Agent shall aid the OIR in collecting and compili... No Cost
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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 - I909C 08/22/2023 9/11/2023 10:35:38 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.

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