San Jose Ca.Gov
File #: 25-488    Version: 1
Type: Strategic Support Status: Agenda Ready
File created: 4/28/2025 In control: City Council
On agenda: 5/13/2025 Final action:
Title: Second Amendment to the Agreement with Pacific Secured Equities, DBA Intercare Holdings Insurance Services, Inc. for Workers' Compensation Claims Administration for Employees and Retirees.
Attachments: 1. Memorandum

...Title

Second Amendment to the Agreement with Pacific Secured Equities, DBA Intercare Holdings Insurance Services, Inc. for Workers' Compensation Claims Administration for Employees and Retirees.

...Recommendations

Adopt a resolution authorizing the City Manager or her designee to negotiate and execute a Second Amendment to the Agreement with Pacific Secured Equities, DBA Intercare Holdings Insurance Services, Inc. for Workers’ Compensation claim administration to City employees and retirees, extending the term of the current agreement from June 30, 2025, to June 30, 2030, and increasing the total compensation not to exceed amount from $32,582,834 to $63,163,711, subject to annual appropriation of funds. 

CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Human Resources)