08DOA-S2294 Cost Schedule.docx

The document is a Cost-Reimbursement Schedule for the Nevada Workers Compensation Brokers RFQ issued by the Department of Administration's Risk Management Division. The RFQ seeks proposals from qualified insurance brokers to assist the Risk Management Division in marketing and structuring its Workers Compensation Insurance Program pursuant to NRS 331.184(3). The schedule covers a 5-year period from July 1, 2023 to June 30, 2028 and requests brokers to provide either a service cost fee rate or commission rate for each year.

The document requires brokers to indicate their preferred method of compensation, either a fee or commission, and provide an estimate of the associated costs. Brokers are asked to specify the service cost fee rate and commission rate for each year of the 5-year contract period. The jurisdictions involved are Carson City, Nevada.