Common Contracts

1 similar Guaranty Agreement contracts

CITY COMMISSION AGENDA MEMO
Guaranty Agreement • September 15th, 2016 • Kansas

The Riley County Police Department (RCPD) began working with Assurance Partners in 2013 on managing risks in an effort to control workers compensation expenditures. This was a two-year process which culminated in a recommendation to the RCPD Law Board in October 2015 that the Department initiate a self-insured workers compensation program. This item is of interest because the City pays 80% of the RCPD budget, of which their current amount for insurance is $600,000. Therefore, the City is currently paying $480,000 towards RCPD Worker's Compensation (Worker's Comp) Insurance.

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