City Plans Renewal of Third-Party Claims Services Contract
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Description
Belmont staff recommended approval of a new service agreement with George Hills Company, not to exceed $60,000 through June 30, 2027, for third-party claims adjustment and administration services. The contract includes options for up to two additional one-year renewals with CPI-based fee escalators.
Contract Details
Contract Amount
Not-to-exceed $60,000 through June 30, 2027
Vendor
GEORGE HILLS COMPANY
Agency
City of Belmont, CA
Contract Type
INSURANCE
Document Date
June 23, 2026
Contract Term
Through June 30, 2027, with up to two additional one-year renewal terms
Renewal Date
2027-06-30
Renewal Info
Proposed agreement runs through June 30, 2027 and permits up to two additional one-year renewal terms with a 3–5% annual fee escalator tied to the most recent April-to-April CPI-U for the Western Region, contingent on annual budget appropriations.
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