Agenda Item
Meeting Date: 6/24/2013 - 6:00 PM
Category: Consent Agenda
Type: Action
Subject: 6.7 (Item #8) Experian ProtectMyID Elite Invoice Payment
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: 3 Experian Invoices and 1 NPC (Immersion) Invoice
File Attachment:
Three (3) Experian Invoices.pdf
NPC (Immersion) - 68962.pdf
Summary: On December 1, 2012, a laptop with sensitive material was stolen. The District implemented Security Breach Notification protocols and a membership in ProtectMyID Elite was offered to potentially affected individuals.
On December 1, 2012, a laptop with sensitive material was stolen. The District implemented Security Breach Notification protocols and a membership in ProtectMyID Elite was offered to potentially affected individuals.

The District has paid $80,954.20 and must pay another $19,045.80 to Experian to satisfy the $100,000.00 retention. A twenty percent (20%) coinsurance is required for any amount over the $100,000.00 retention. The attached invoices total $48,316.50. Paying $19,045.80 of the $43,267.50 Experian invoices leaves a balance of $29,270.70 and the total 20% coinsurance fee for all attached invoices is $5,854.14 ($4,844.34 to Experian and $1,009.80 to NPC (Immersion)). Therefore, the $19,045.80 retention plus the $5,854.14 coinsurance totals $24,899.94.

There have been 2,942 enrollments in ProtectMyID Elite.
Funding: General Fund -- Risk Management Budget
Fiscal Impact $24,899.94
Recommendation: Approve payment as presented.
Approvals:
Recommended By:
Signed By:
Jayne Williams - Interim General Counsel
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
John Bernard - Interim Superintendent
Vote Results:

Original Motion
Member Moved, Member seconded to approve the Original motion 'Approve Consent Agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Cheryl Hansen     Yes
Barbara Oaks     Yes
Linda Mayo     Yes
Brian Lawrence     Yes
Lynne Dennler     Yes