Approval of payment of SERVPRO invoice.
The University experienced an internal water leak that resulted in flooding inside Hathaway Hall approximately two weeks before the beginning of the Fall 2022 semester. The University immediately filed a claim with the Commonwealth of Kentucky's Division of State Risk and Insurance Services (Division). As part of the claims process, University staff provided the Division an estimate for the cost of repair in the amount of $66,235.68, which was calculated by SERVPRO, an approved state contractor. The Division then gave the University approval to move forward with the emergency repairs.
SERVPRO has now completed the repairs, and the University is seeking approval from the Kentucky State University Board of Regents to pay the vendor. Once the University has paid the vendor, the University will be able to submit its claim for reimbursement to the Division, less the University's $5,000.00 deductible.
The University complied with all applicable state laws and University procurement policies and procedures as it relates to procuring the services of SERVPRO.
The University will pay the SERVPRO invoice of $66,235.68, but it will be reimbursed $66,235.68, less the University's $5,000.00 deductible.
Interim President Ronald A. Johnson recommends that the Kentucky State University Board of Regents approves the payment of the SERVPRO Invoice.
Approve the payment of the SERVPRO invoice.