Common use of Subrogation Only Clause in Contracts

Subrogation Only. A Subrogation Only Accident Management program shall be offered. A Contractor shall track and follow up on subrogation incidents on behalf of the Authorized User. A Contractor shall offer this service for either one flat administrative fee or for a percentage of the dollar amount recovered by the Contractor, as specified by the Authorized User at the time the service is requested. Services offered under the Contract shall include: a) A review of all accident or vandalism claims for the opportunity to collect damages from a responsible (negligent) third party; b) Filing a subrogation claim notice on behalf of the Authorized User, if requested, with the other party involved in the accident, or their insurance carrier; c) If requested by the Authorized User, a sample report demonstrating how the subrogation claims will be tracked and followed up on; and d) A quarterly accident subrogation status report, provided to the Authorized User, that identifies resolved and outstanding claims for the applicable quarter.

Appears in 3 contracts

Samples: Contract Ps66689, Fleet Maintenance Services Agreement, Fleet Maintenance Services Agreement

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Subrogation Only. A Subrogation Only Accident Management program shall Program Shall be offered. A Contractor shall Shall track and follow up on subrogation incidents on behalf of the Authorized User. A Contractor shall Shall offer this service for either one flat administrative fee or for a percentage of the dollar amount recovered by the Contractor, as specified by the Authorized User at the time the service is requested. Services offered under the Contract shall Shall include: a) A review of all accident or vandalism claims for the opportunity to collect damages from a responsible (negligent) third party; b) Filing a subrogation claim notice on behalf of the Authorized User, if requested, with the other party involved in the accident, or their insurance carrier; c) If requested by the Authorized User, a sample report demonstrating how the subrogation claims will be tracked and followed up on; and d) A quarterly accident subrogation status report, provided to the Authorized User, that identifies resolved and outstanding claims for the applicable quarter.

Appears in 1 contract

Samples: Centralized Contract for Fleet Maintenance Services

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