3368_0.DOC
DOC document 37 KB Posted
- Contract number
- 505ENT-M16-DHONBNDDWD-01
- Issued by
- Wisconsin
About this file
This document is a faithful performance blanket bond and public official bond contract between the State of Wisconsin's Department of Workforce Development (DWD) and The Brehmer Agency, Inc., based in Butler, Wisconsin. The contract number is 505ENT-M16-DHONBNDDWD-01 and is effective from March 1, 2016 through March 1, 2019. The insuring companies providing coverage are Travelers Casualty and Surety Company for the blanket bond and Zurich Commercial Surety Company for the public official bond.
The contract provides two distinct types of bonding coverage: a faithful performance blanket bond covering all DWD employees in the amount of $500,000 per occurrence with a $5,000 deductible at an annual premium of $6,251, and a public official bond for the Treasurer of the Unemployment Reserve Fund of the Job Service Division in the amount of $500,000 at an annual premium of $1,350, as required by Wisconsin Statute 108.16(4). The total three-year premium is $7,601, payable in advance. The contract covers 1,700 employees classified into three categories based on their level of money handling responsibilities: 212 employees handling money daily, 253 handling money occasionally, and 1,235 who never handle money. This contract replaces the previous agreement numbered 15-95341-335 dated February 28, 2013.
View the file
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Faithful Performance Blanket Bond for the Department of Workforce Development (DWD) and Public Official Bond for the Treasurer
Contract 505ENT-M16-DHONBNDDWD-01 Attachment 1 of 1 February 25, 2016
COMMODITY
CODE:
95341
CONTRACTOR:
The Brehmer Agency, Inc.
CONTACT:
Linda Pupp, Associate
12800 W. Silver Spring Drive
Butler, WI 53007-0498
Telephone: (262) 781-3714 Ext. 114
Fax: (262) 781-6049
E-mail: linda@brehmeragency.com
INSURING
COMPANIES:
Travelers Casualty and Surety Company (Blanket Bond)
Zurich Commercial Surety Company (Public Official Bond)
PREMIUM/
AMOUNT OF
COVERAGE:
A.
Faithful performance blanket bond covering all employees of the DWD in the amount of $500,000 per occurrence with a $5,000 deductible.
$6,251 B. Public official bond for the Treasurer of the Unemployment Reserve Fund of the Job Service Division of the DWD, State of Wisconsin, as required by section 108.16(4) of the Wisconsin Statutes in the amount of $500,000. (Statutes limit premium cost to not exceed one-fourth of one percent, per year, of the amount of the bond.)
$1,350
Total three-year premium $7,601
PERIOD OF
COVERAGE:
March 1, 2016 through March 1, 2019
EXISTING
CONDITIONS:
Classification of Employees
212—Class 1, Employees handling money daily
253—Class 2, Employees handling money occasionally
1,235—Class 3, Employees handling money never
ADDITIONAL
INFORMATION:
This contract replaces 15-95341-335, dated February 28, 2013. This is a three-year contract with the premium payable in advance.
Sc35DWD2016
File details come from the government source that posted it. Updated .