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A <br />0^ <br />CITY OF ORONO <br />AGENT OF RECORD AGREEMENT <br />Duweyn P. Carlson of the Apple Valley Agency agrees to perform the <br />following services for the City of Orono: <br />1. The negotiation and placement of all the required <br />insurance; <br />2 .Information on relevant changes in insurance markets, <br />products and services; <br />3 .Assistance <br />coverages; <br />in developing comprehensive insurance <br />4 . <br />5. <br />Provide an insurance policy inventory and summary; <br />A complete accounting of commissions earned (direct only) <br />on the account; <br />6. A cumulative five-year premium and loss record; <br />7.Prepare an allocation of premium by department as <br />required by the City; <br />8. Loss exposure list and classification; up-dated annually; <br />9. Assist with a?.l claims and losses; <br />10 .Assistance in minimizing premiums; reviewing and auditing <br />rating basis, formulas, etc. <br />11.Assistance in loss prevention engineering and loss <br />control; <br />12. Willingness to keep an in-agency record of looses <br />including reserves established; <br />13. Assist the City in Risk Management program <br />The fee for service for the Insurance Policy year 1994 will be <br />$7,650.00 and will cover the following: <br />1. Conduct an Exposure survey and prepare specifications <br />2. Obtain quotes <br />3. Review policies, billings and claims