Attachment Q - EXHIBIT G-Claim Reserves (Total Incurred) - 2021.xlsx

This file is a financial exhibit documenting claim reserves for the Kentucky Transportation Cabinet (KYTC) covering the period from 2011 through 2021. The exhibit presents historical data on claims management, specifically tracking paid amounts, reserve amounts, and total incurred costs across an eleven-year span. The data provides a comprehensive record of KYTC's claims liability position, showing the organization's expenditures and outstanding obligations year by year. No specific contract terms, response dates, bidder meetings, or award information is contained within this exhibit, as it serves purely as a historical financial reference document.

The exhibit demonstrates KYTC's claims cost trends over the decade, with total incurred claims ranging from a low of $843,814.05 in 2021 to a high of $3,999,972.47 in 2011. Paid claims show a general downward trend from $3,002,575.18 in 2011 to $230,551.71 in 2021, while reserves fluctuated between $304,244.24 in 2015 and $1,508,135.93 in 2018. This financial data likely serves as supporting documentation for budget justification, insurance or self-insurance program assessment, or contractual requirements related to claims management and liability exposure for the state agency.