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Consider approving a professional services agreement with Ray Demeritt, National Public Adjusting LLC, for professional adjusting services regarding all applicable claims caused by severe weather on June 15, 2023.
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INITIATOR: John Ratliff, City Manager
STAFF INFORMATION SOURCE: John Ratliff, City Manager
BACKGROUND: A severe weather event on June 15, 2023 resulted in significant damage to the City of Lawton's properties, prompting the need to initiate insurance claims. To ensure the City receives the maximum insurance reimbursement for the storm damage, a professional services agreement is proposed with Ray Demeritt of National Public Adjusting LLC. This firm is offering their expertise at a discounted rate of 8% of the total claim, compared to the typical 10%. This partnership aims to streamline the claims process, optimize reimbursement outcomes, and facilitate expedited recovery efforts, aligning with the City's commitment to prudent financial management and effective disaster recovery strategies.
EXHIBIT: Oklahoma PA Agreement
KEY ISSUES: N/A
FUNDING SOURCE: General Fund
STAFF RECOMMENDED COUNCIL ACTION: Approve a professional services agreement with Ray Demeritt, National Public Adjusting LLC, for professional adjusting services regarding all applicable claims caused by recent weather events.