Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “Fee Schedule for Actuarial Consulting Services”; and The Consulting Actuary’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Services dated __________, attached hereto as Exhibit B and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Services dated March 13, 2019, attached hereto as Exhibit C and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Mississippi Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: _______________________________ Name: _________________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING SERVICES For Actuarial Consulting Services rendered under this Contract, the following hourly rates are all-inclusive and include any expenses such as printing, binding, photocopy, and any travel: Hourly Rates By Position: Personnel Year 1 (5/10/19 – 6/30/20) Year 2 (7/1/20 – 6/30/21) Year 3 (7/1/21 – 6/30/22 Year 4 (7/1/22 – 6/30/23) Year 5* (7/1/23 – 6/30/24) Senior Consulting Actuary Associate Actuary Administrative/Clerical Other_________________ * Optional Renewal Year The hourly rates listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contract. The Board will not pay any fees incurred prior to the May 10, 2019 Contract effective date. All fees or charges related to any service to be provided must be identified.
Appears in 2 contracts
Samples: Actuarial Consulting Services Contract, Actuarial Consulting Services Contract
Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “Fee Schedule for Actuarial Consulting Services”and Exhibit B, Performance Standards; and The Consulting ActuaryPBM’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Pharmacy Benefit Manager Services dated __________, _ and attached hereto as Exhibit B C and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Pharmacy Benefit Manager Services dated March 13February 11, 20192020, attached hereto as Exhibit C D and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. C and if still unresolved, by reference to Exhibit D. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Mississippi Department of Finance PBM State and Administration School Employees Health Insurance Management Board By: __________________________________ By: ___________________________________ Name: _______________________________ Name: __:_______________________________ Title: _________________________ ______ Title: _____________________________ ______ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING SERVICES For Actuarial Consulting Services rendered under this ContractEXHIBIT B PERFORMANCE STANDARDS The PBM agrees to the following performance guarantees and agrees to the assessment of liquidated damages for failure to meet these guarantees. Performance Standard Description of Standard Fees at risk Pharmacy Network Access 95% of all participants within 5 miles of 1 participating pharmacy Measurement Period: Annually $25,000 Annually Network Pharmacy POS Compliance 99% of time internal on-line system available Measurement Period: Quarterly $20,000/Quarter Retail Paper Claims Processing Time 95% of prescriptions reimbursed or responded to within 15 business days of receipt Measurement Period: Quarterly $20,000/Quarter Retail Claims Financial and Processing Accuracy 99.5% of all claims paid with NO errors (i.e. correct drug, correct form, correct strength, correct patient, correct AWP, correct copayment, or correct deductible). Retail claims adjudication accuracy is the total number of retail claims paid correctly divided by the total number of retail claims paid. Measurement Period: Quarterly $20,000/Quarter Mail Order Claims Processing Time 95% of prescriptions requiring NO intervention to be shipped within 2 business days (as measured from date order received at the PBM to date order shipped) Measurement Period: Quarterly 95% of prescriptions requiring administrative or clinical intervention to be shipped within 5 business days (as measured from date order received at the PBM to date order shipped ) Measurement Period: Quarterly $20,000/Quarter $20,000/Quarter Mail Order Claims Financial and Processing Accuracy 99.5% of all claims paid with NO errors (i.e. correct drug, correct form, correct strength, correct patient, correct AWP, correct copayment, or correct deductible). Mail order claims adjudication accuracy is the total number of mail order claims paid correctly divided by the total number of mail order claims paid. Measurement Period: Quarterly $25,000/Quarter Rebate Remittance Time 100% of all rebate dollars received by the PBM remitted to the Board within 60 days of the rebates being received by PBM. Measurement Period: Quarterly $20,000 Customer Service 90% of calls answered by a live customer service representative within 30 seconds during open hours <5% of calls abandoned 100% of written inquiries responded to within 10 business days Measurement Period: Quarterly $5,000/Quarter $5,000/Quarter $5,000/Quarter Account Service Subjective satisfaction of Board with the contractual and administrative relationship based on mutually agreed satisfaction survey. Measurement Period: Annually $40,000/Annual ID Card Distribution 95% of ID cards mailed within 15 days of receipt of eligibility data (for monthly changes) or request for replacement card Measurement Period: Quarterly Average time to mail ID cards for ongoing eligibility (from the clean eligibility information provided) is ≤ 5 business days Measurement Period: Quarterly $10,000/Quarter $5,000/Quarter Reporting Requirements Quarterly reports provided to Board ≤ 30 calendar days after the end of the quarter Measurement Period: Quarterly $10,000/Quarter Written and Telephone Inquiry Response Rate 98% response within 5 business days + 100% within 7 business days Measurement Period: Quarterly $10,000 per each 1% below standard with $135,000 Annual Max Data Transfers 99% of error transactions from the data transfer sent to the TPA will be corrected and returned to the TPA via data transfer within two (2) business days of receipt of the error report. 100% will be corrected and returned with 15 business days. Measurement Period: Quarterly $10,000/Quarter $10,000/Quarter Annual Independent Audit ** Finalize the audit schedule with the Independent Auditor/DFA during the month of December each year and meet the agreed to deadlines. $1,000 per each day of delay Annual Independent Audit Reconciliation** Within 60 days of final report being issued by the Independent Auditor, the following hourly rates are all-inclusive PBM will complete the final reconciliation and include remit any expenses such as printing, binding, photocopy, and any travel: Hourly Rates By Position: Personnel Year 1 (5/10/19 – 6/30/20) Year 2 (7/1/20 – 6/30/21) Year 3 (7/1/21 – 6/30/22 Year 4 (7/1/22 – 6/30/23) Year 5* (7/1/23 – 6/30/24) Senior Consulting Actuary Associate Actuary Administrative/Clerical Other_________________ * Optional Renewal Year The hourly rates listed above are firm for all reimbursement to the duration Plan. $50,000 + $1,000 per day after deadline Measurement of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contract. Performance *The Board will not pay any fees incurred prior use the PBM’s internal reports to measure the PBM’s performance relative to the May 10standards included in this Exhibit. The PBM’s internal reports and/or data (including detail claims data) supporting the PBM’s internal reports may be reviewed/audited by the Board, 2019 Contract effective dateor at the Board’s discretion, by an independent reviewer. All fees or charges The report and determination of the independent reviewer shall be final, binding and conclusive as to an administrative review on PBM and the Board; provided, however, that before a final report and determination is issued, the Board and PBM shall each have a reasonable opportunity to review the non-proprietary supporting documentation and proposed report of the independent reviewer and to provide any comments to the independent reviewer. **The Board will reply on the collaboration with the successful use proposer and contracted vendor in accordance with section BB. Full Disclosure and Independent Review to determine if the performance standards related to any service to be provided must be identifiedthe annual independent audit are satisfied.
Appears in 2 contracts
Samples: Benefit Manager Services Contract, Benefit Manager Services Contract
Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “Fee Schedule for Actuarial Consulting Services”and Exhibit B, Performance Guarantees; and The Consulting ActuaryVendor’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Decision Support Services dated __________, _ and attached hereto as Exhibit B C and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Decision Support Services dated March 13July 30, 2019, attached hereto as Exhibit C D and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. C and if still unresolved, by reference to Exhibit D. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Mississippi Department of Finance Decision Support Services Vendor State and Administration School Employees’ Health Insurance Management Board By: __________________________________ By: ___________________________________ Name: _______________________________ Name: _________________________________ Xxxxx X. Xxxxxxx Title: _________________________ ______ Title: __________________________________ Chairman of the Board Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING DECISION SUPPORT SERVICES For Actuarial Consulting Decision Support Services rendered under this Contract, the following hourly rates per participant per month (PPPM) fees apply to all core services and are all-inclusive and include any expenses such as printing, binding, photocopy, and any travel: Hourly Rates By Position: Personnel Year 1 2020 (5/10/19 1/1/20 – 6/30/2012/31/20) Year 2 2021 (7/1/20 1/1/21 – 6/30/2112/31/21) Year 3 2022 (7/1/21 1/1/22 – 6/30/22 12/31/22) Year 4 2023 (7/1/22 1/1/23 – 6/30/2312/31/23) Year 5* 2024 (7/1/23 1/1/24 – 6/30/2412/31/24) Senior Consulting Actuary Associate Actuary AdministrativeDecision Support Services (PPPM) Bundled Fee Consulting/Clerical OtherAnalytical Support Services (per hour) Other _____________________ Other _____________________ * Optional Renewal Year Optional Services Product/Service Year 1 2020 (1/1/20 – 12/31/20) Year 2 2021 (1/1/21 – 12/31/21) Year 3 2022 (1/1/22 – 12/31/22) Year 4 2023 (1/1/23 – 12/31/23) Year 5* 2024 (1/1/24 – 12/31/24) The hourly PPPM rates listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contract. The Board will not pay any fees incurred prior to the May 10January 1, 2019 2020 Contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B
Appears in 2 contracts
Samples: Decision Support Services Contract, Decision Support Services Contract
Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “Fee Schedule for Actuarial Consulting Health and Wellness Management Services”; Exhibit B – Performance Standards, and Exhibit C – Health and Wellness Management Services Vendor Reports; The Consulting ActuaryHWM Vendor’s response to the State Department of Mississippi Finance and Administration’s Request for Proposal Proposals for Actuarial Consulting Services Health and Wellness Management dated __________Date, 2020 and attached hereto as Exhibit B D and incorporated fully herein by reference; and The State Department of Mississippi Finance and Administration’s Request for Proposal Proposals for Actuarial Consulting Health and Wellness Management Services dated March 13November 17, 20192020, attached hereto as Exhibit C E and incorporated fully herein by reference; and This Contract, including the Exhibits exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and Exhibit C, and if still unresolved, by reference to Exhibit C. D, and if still unresolved, by reference to Exhibit E. Omission of any term or obligation from this Contract or the attached Exhibits exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on this the date first written_________ day of ________________, 2021. Consulting Actuary Mississippi HWM Vendor Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: :_______________________________ Name: __:_______________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING HEALTH AND WELLNESS MANAGEMENT SERVICES EXHIBIT B PERFORMANCE STANDARDS The HWM Vendor must abide by the performance standards specified below. The Board reserves the right to reduce or waive any fees at risk if, in the Board’s sole discretion, failure to meet a performance standard was due to extraordinary circumstances. Unless otherwise stated, liquidated damages will be assessed based upon the term of the contract. Standard Reports and Report Frequencies Standard: All HWM Vendor management reports due to the Board will be submitted within fifteen (15) calendar days from the end of the reporting cycle. Liquidated Damages: 5% of Core HWM Program Fees Tobacco Cessation Program – (Optional) Standard: For Actuarial Consulting Services rendered under this Contractthose participants enrolled in the Tobacco Cessation Program, the following hourly rates are all-inclusive and include any expenses such as printing, binding, photocopy, and any travelquit rate after six (6) months will be 25% or greater. Liquidated Damages: Hourly Rates By Position20% of annual fees for Tobacco Cessation program Weight Management Program – (Optional) Standard: Personnel Year 1 (5/10/19 – 6/30/20) Year The Weight Management Program will achieve a decline in Body Mass Index of at least 2 (7/1/20 – 6/30/21) Year 3 (7/1/21 – 6/30/22 Year 4 (7/1/22 – 6/30/23) Year 5* (7/1/23 – 6/30/24) Senior Consulting Actuary Associate Actuary Administrative/Clerical Other_________________ * Optional Renewal Year The hourly rates listed above are firm for the duration points in 50% of the Contract participants within 6 months of beginning program. Liquidated Damages: 20% of annual fees for Weight Management Program Disease Management – (Optional) Standard: The HWM Vendor will make a minimum of four (4) live contacts per Plan participant per year to 90% of participants. Quarterly reports will be required as documentation. Liquidated Damages: 20% of annual fees for Disease Management Program Measurement of Performance Performance and are not subject activity reports will be submitted monthly to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this ContractBoard. The Board will not pay any fees incurred prior use the HWM Vendor’s internal reports to measure the HWM Vendor’s performance relative to the May 10standards included in this Exhibit. The HWM Vendor’s internal reports and/or data (including detail claims data) supporting the HWM Vendor’s internal reports may be reviewed/audited by the Board, 2019 Contract effective dateor at the Board’s discretion, by an independent reviewer. All fees or charges related The report and determination of the independent reviewer shall be final, binding and conclusive as to an administrative review on HWM Vendor and the Board; provided, however, that before a final report and determination is issued, the Board and HWM Vendor shall each have a reasonable opportunity to review the non-proprietary supporting documentation and proposed report of the independent reviewer and to provide any service comments to be provided must be identifiedthe independent reviewer.
Appears in 2 contracts
Samples: Health and Wellness Management Services Contract, Health and Wellness Management Services Contract
Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “A - Fee Schedule for Actuarial Consulting Medical Claims and Performance Audit Services”; , and The Consulting ActuaryAuditor’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Medical Claims and Performance Audit Services dated __________X, attached hereto as Exhibit B and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Medical Claims and Performance Audit Services dated March 13, 2019X, attached hereto as Exhibit C and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Auditor Mississippi Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: _______________________________ Name: :_________________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - – FEE SCHEDULE FOR ACTUARIAL CONSULTING MEDICAL CLAIMS AND PERFORMANCE AUDIT SERVICES For Actuarial Consulting Medical Claims and Performance Audit Services rendered under this Contractcontract, the following hourly rates are all-inclusive and include any expenses such as printing, binding, or photocopy, and any travel: Hourly Rates By Position: Personnel . Year 1 (5/10/19 1/1/19 – 6/30/20) 12/31/19 Year 2 (7/1/20 1/1/20 – 6/30/21) 12/31/20 Year 3 (7/1/21 1/1/21 – 6/30/22 12/31/21 Year 4 (7/1/22 1/1/22 – 6/30/23) 12/31/22 Year 5* 1/1/23 – 12/31/23 Senior Auditor (7/1/23 – 6/30/24Principal) Senior Consulting Actuary Auditor Auditor Associate Actuary Administrative/Auditor Technical Administrative Clerical OtherOther ____________ Other ____________ * Optional Renewal Year MAXIMUM PROJECT COSTS (including travel and expenses, and presentations to Board in Jackson, Mississippi) Year 1 1/1/19 – 12/31/19 Year 2 1/1/20 – 12/31/20 Year 3 1/1/21 – 12/31/21 Year 4 1/1/22 – 12/31/22 Year 5** 1/1/23 – 12/31/23 TPA Review * Optional Renewal Year The hourly rates fees listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this the resulting Contract. The Board will not pay any upfront fees incurred prior to the May 10January 1, 2019 Contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B – THE AUDITOR ’S RESPONSE TO THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR MEDICAL CLAIMS AND PERFORMANCE AUDIT SERVICES DATED X EXHIBIT C – THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR MEDICAL CLAIMS AND PERFORMANCE AUDIT SERVICES DATED X
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Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “A – Fee Schedule for Actuarial Consulting Financial Audit Services”; , and The Consulting ActuaryAuditor’s response to the Mississippi State of Mississippi Agencies Self-Insured Workers’ Compensation Trust’s Request for Proposal for Actuarial Consulting Financial Audit Services dated dated_______________, attached hereto as Exhibit B and incorporated fully herein by reference; The Mississippi State of Mississippi Agencies Self-Insured Workers’ Compensation Trust’s Request for Proposal for Actuarial Consulting Financial Audit Services dated March 13June 11, 2019, 2019 attached hereto as Exhibit C and incorporated fully herein by reference; and . This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Auditor: Mississippi Department of Finance and Administration Administration: By: __________________________________ By: ___________________________________ Name: _______________________________ Name: _________________________________ Title: _________________________ _______ Title: __________________________________ Date: _________________________ ________ Date: _________________________________ EXHIBT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING SERVICES For Actuarial Consulting Services rendered under this Contract, the following hourly rates are all-inclusive and include any expenses such as printing, binding, photocopy, and any travelOffice of State Auditor: Hourly Rates By PositionBy: Personnel Year 1 (5/10/19 – 6/30/20) Year 2 (7/1/20 – 6/30/21) Year 3 (7/1/21 – 6/30/22 Year 4 (7/1/22 – 6/30/23) Year 5* (7/1/23 – 6/30/24) Senior Consulting Actuary Associate Actuary Administrative/Clerical Other_________________________________ Name: _______________________________ Title: ________________________________ Date: ________________________________ EXHIBIT A – FEE SCHEDULE FOR FINANCIAL AUDIT SERVICES Our firm’s unit rates (hourly charges), along with maximum annual project rates to provide financial audit services to the Mississippi State Agencies Self-Insured Workers’ Compensation Trust are listed below. HOURLY FEE BY POSITION Year 1 8/15/19 – 6/30/20 Year 2 7/1/20 – 6/30/21 Year 3 7/1/21 – 6/30/22 Year 4 7/1/22 – 6/30/23 Year 5* 7/1/23 – 6/30/24 Partner Manager Supervisor Senior Clerical Other ____________ * Optional Renewal Year MAXIMUM PROJECT COSTS* Maximum project fees are not to be construed as the annual fees to be paid for each project. The amount paid each year for the specified annual project will be the lesser of the total fees based on the fee schedule above, or the stated maximum project cost listed below. Maximum project fees include any and all necessary expenses, unless otherwise approved by the Board. MAXIMUM PROJECT FEE Year 1 8/15/19 – 6/30/20 Year 2 7/1/20 – 6/30/21 Year 3 7/1/21 – 6/30/22 Year 4 7/1/22 – 6/30/23 Year 5* 7/1/23 – 6/30/24 Annual Audit of Financial Statements for CAFR including review of subsequent events * Optional Renewal Year The hourly rates fees listed above are firm for the duration of the Contract contract and are not subject to escalation for any reason unless the Contract contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contractthe resulting contract. The Board will not pay any upfront fees incurred prior to the May 10August 15, 2019 Contract contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B THE AUDITOR’S RESPONSE TO THE MISSISSIPPI STATE AGENCIES SELF-INSURED WORKERS’ COMPENSATION TRUST’S REQUEST FOR PROPOSAL FOR FINANCIAL AUDIT SERVICES DATED _______________ EXHIBIT C THE MISSISSIPPI STATE AGENCIES SELF-INSURED WORKERS’ COMPENSATION TRUST’S REQUEST FOR PROPOSAL FOR FINANCIAL AUDIT SERVICES DATED JUNE 11, 2019
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Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “A - Fee Schedule for Actuarial Consulting Services”; Claims and Performance Audit Services and The Consulting ActuaryAuditor’s response to the Mississippi State of Mississippi Agencies Self-Insured Workers’ Compensation Trust’s Request for Proposal for Actuarial Consulting Claims and Performance Audit Services dated __________, attached hereto as Exhibit B and incorporated fully herein by reference; The Mississippi State of Mississippi Agencies Self-Insured Workers’ Compensation Trust’s Request for Proposal for Actuarial Consulting Claims and Performance Audit Services dated March 13April 2, 2019, attached hereto as Exhibit C and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary (Name of Auditor) Mississippi Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: _______________________________ Name: _________________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING CLAIMS AND PERFORMANCE AUDIT SERVICES For Actuarial Consulting Services rendered under this ContractOur firm’s unit rates (hourly charges), along with maximum annual project rates to provide claims and performance audit services to the following hourly rates Mississippi State Agencies Self-Insured Workers’ Compensation Trust are all-inclusive and include any expenses such as printing, binding, photocopy, and any travel: Hourly Rates By Position: Personnel listed below. Year 1 (5/10/19 7/1/19 – 6/30/20) 6/30/20 Year 2 (7/1/20 – 6/30/21) 6/30/21 Year 3 (7/1/21 – 6/30/22 Year 4 (7/1/22 – 6/30/23) 6/30/23 Year 5* (7/1/23 – 6/30/246/30/24 Senior Auditor (Principal) Senior Consulting Actuary Associate Actuary Administrative/Auditor Administrative Clerical Other_____Other ____________ * Optional Renewal Year MAXIMUM PROJECT COSTS Maximum project fees are not to be construed as the annual fees to be paid for each project. The hourly rates amount paid each year for the specified annual project will be the lesser of the total fees based on the fee schedule above, or the stated maximum project cost listed below. Maximum project fees include any and all necessary expenses, including but not limited to travel, unless otherwise approved by the Board. Year 1 7/1/19 – 6/30/20 Year 2 7/1/20 – 6/30/21 Year 3 7/1/21 – 6/30/22 Year 4 7/1/22 – 6/30/23 Year 5* 7/1/23 – 6/30/24 Claims and Performance Audit * Optional Renewal Year The fees listed above are firm for the duration of the Contract contract and are not subject to escalation for any reason unless the Contract contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contractthe resulting contract. The Board will not pay any upfront fees incurred prior to the May 10July 1, 2019 Contract contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B – THE AUDITOR’S RESPONSE TO THE MISSISSIPPI STATE AGENCIES SELF-INSURED WORKERS’ COMPENSATION TRUST’S REQUEST FOR PROPOSAL FOR CLAIMS AND PERFORMANCE AUDIT SERVICES DATED _________ EXHIBIT C – THE MISSISSIPPI STATE AGENCIES SELF-INSURED WORKERS’ COMPENSATION TRUST’S REQUEST FOR PROPOSAL FOR CLAIMS AND PERFORMANCE AUDIT SERVICES DATED APRIL 2, 2019
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Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “Fee Schedule for Actuarial Consulting Services”Schedule; and The Consulting Actuary’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Services dated __________, attached hereto as Exhibit B and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Services dated March 13April 17, 20192018, attached hereto as Exhibit C and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Mississippi Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: _______________________________ Name: :_________________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - FEE SCHEDULE FOR ACTUARIAL CONSULTING SERVICES For Actuarial Consulting Services rendered under this Contract, the following hourly rates are all-inclusive and include any expenses such as printing, binding, photocopy, and any travel: Hourly Rates By Position: Personnel Year 1 (5/10/19 10/1/18 – 6/30/209/30/19) Year 2 (7/1/20 10/1/19 – 6/30/219/30/20) Year 3 (7/1/21 10/1/20 – 6/30/22 9/30/21) Year 4 (7/1/22 10/1/21 – 6/30/239/30/22) Year 5* (7/1/23 10/1/22 – 6/30/249/30/23) Senior Consulting Actuary Associate Actuary Administrative/Clerical OtherOther _____________________ * Optional Renewal Year The hourly rates listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this Contract. The Board will not pay any fees incurred prior to the May 10October 1, 2019 2018 Contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B THE CONSULTING ACTUARY’S RESPONSE TO THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR ACTUARIAL CONSULTING SERVICES DATED __________ EXHIBIT C THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR ACTUARIAL CONSULTING SERVICES DATED April 17, 2018
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Incorporation of Documents. This Contract consists of and precedence is hereby established by the order of the following documents incorporated herein: This Contract signed by the parties including Exhibit A, “A - Fee Schedule for Actuarial Consulting Pharmacy Claims and Performance Audit Services”; , and The Consulting ActuaryAuditor’s response to the State of Mississippi Request for Proposal for Actuarial Consulting Pharmacy Claims and Performance Audit Services dated __________X, attached hereto as Exhibit B and incorporated fully herein by reference; The State of Mississippi Request for Proposal for Actuarial Consulting Pharmacy Claims and Performance Audit Services dated March 13, 2019X, attached hereto as Exhibit C and incorporated fully herein by reference; and This Contract, including the Exhibits referenced herein, constitutes the entire Contract of the parties with respect to the subject matter contained herein and supersedes and replaces any and all prior negotiations, understandings and Contracts, written or oral, between the parties relating thereto. Any ambiguities, conflicts, or questions of interpretation of this Contract shall be resolved by first reference to this Contract including Exhibit A, and if still unresolved, by reference to Exhibit B, and if still unresolved, by reference to Exhibit C. Omission of any term or obligation from this Contract or the attached Exhibits shall not be deemed an omission from this Contract if such term or obligation is provided for elsewhere. 1Witness our signatures, on the date first written. Consulting Actuary Auditor Mississippi Department of Finance and Administration By: __________________________________ By: ___________________________________ Name: _______________________________ Name: :_________________________________ Title: _________________________ ______ Title: __________________________________ Date: _________________________ ______ Date: _________________________________ EXHIBT EXHIBIT A - – FEE SCHEDULE FOR ACTUARIAL CONSULTING PHARMACY CLAIMS AND PERFORMANCE AUDIT SERVICES For Actuarial Consulting Pharmacy Claims and Performance Audit Services rendered under this Contractcontract, the following hourly rates are all-inclusive and include any expenses such as printing, binding, or photocopy, and any travel: Hourly Rates By Position: Personnel . Year 1 (5/10/19 1/1/19 – 6/30/20) 12/31/19 Year 2 (7/1/20 1/1/20 – 6/30/21) 12/31/20 Year 3 (7/1/21 1/1/21 – 6/30/22 12/31/21 Year 4 (7/1/22 1/1/22 – 6/30/23) 12/31/22 Year 5* 1/1/23 – 12/31/23 Senior Auditor (7/1/23 – 6/30/24Principal) Senior Consulting Actuary Auditor Auditor Associate Actuary Administrative/Auditor Technical Administrative Clerical OtherOther ____________ Other ____________ * Optional Renewal Year MAXIMUM PROJECT COSTS (including travel and expenses, and presentations to Board in Jackson, Mississippi) Year 1 1/1/19 – 12/31/19 Year 2 1/1/20 – 12/31/20 Year 3 1/1/21 – 12/31/21 Year 4 1/1/22 – 12/31/22 Year 5** 1/1/23 – 12/31/23 PBM Review * Optional Renewal Year The hourly rates fees listed above are firm for the duration of the Contract and are not subject to escalation for any reason unless the Contract is duly amended. No additional compensation shall be provided by the Board for any expense, cost, or fee not specifically authorized by this the resulting Contract. The Board will not pay any upfront fees incurred prior to the May 10January 1, 2019 Contract effective date. All fees or charges related to any service to be provided must be identified.. EXHIBIT B – THE AUDITOR ’S RESPONSE TO THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR PHARMACY CLAIMS AND PERFORMANCE AUDIT SERVICES DATED X EXHIBIT C – THE STATE OF MISSISSIPPI REQUEST FOR PROPOSAL FOR PHARMACY CLAIMS AND PERFORMANCE AUDIT SERVICES DATED X
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