HomeMy WebLinkAboutexhibit 3- compensationAttachment B: COMPENSATION
As full compensation to the. Provider for the all the services required herein by the City, the City
shall pay Provider 35% of monies overpaid by the City to Cigna, as determined by the Provider.
Payment shall be based upon successfid recoupment of the total funds by the Provider on behalf
of the City as determined by its Claims Audit, as applicable. However, the City will make
payment of $20,000 upon execution of agreement, with the understanding that it will be refunded
in full upon savings as a result of the Cigna audit.
There shall be no reimbursable out-of-pocket or travel expenses, or any other expenses other than
the percentage of recouped funds.