The City of Tempe has awarded a contract to Alliant Insurance Services Inc. for risk management consulting services. The contract has a term of 2 years, with 4 one-year renewal options. The contract includes services such as annual actuarial services, coordination and attendance at onsite insurer facility audits, development and conduct of training on risk management issues, and monitoring of the insurance company's services and financial security. The contract also includes additional services available to the City, such as verification of insurance company audit calculations and provision of certificates of insurance. The contract has a total annual cost of $48,000.00, with a maximum percentage increase per year for years 4 and 5.
• Annual actuarial services for insurance and financing projections and planning
• Coordination and attendance at onsite insurer facility audits
• Development and conduct of training on risk management issues
• Monitoring of the insurance company's services and financial security
• Verification of insurance company audit calculations
• Provision of certificates of insurance