Common use of Injuries & Damages Clause in Contracts

Injuries & Damages. ISSUE: San Xxxxxxx estimated the Worker’s Compensation Insurance expense based on a five-year recorded average. DRA’s Test Year estimate is based on a 2010 actual to reflect a declining trend. RESOLUTION: San Gabriel and XXX examined the 2011 actual and agree that using the latest four-year recorded average is a reasonable estimate for this expense. The resulting estimate for Worker’s Compensation Insurance expense is $102,900, which results in a Test Year Injuries and Damages Insurance total of $509,004, compared to Xxx Xxxxxxx’x original estimate of $525,200 and DRA’s estimate of $494,500. Issue SGV Direct SGV Rebuttal DRA Report Difference Settlement Injuries & Damages $525,200 $525,200 $494,500 $30,700 $509,004 REFERENCES: Exhibit SG-1, Table 6B; Exhibit SG-8 (Xxxxxxxxx) p. 2; Exhibit SG-9 (Xxxxx), p. 9; Exhibit SG-21 (Xxxxxxxxx), p.2; Exhibit DRA-1 (Xxxxxx), pp. 4-3 to 4-5.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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