1. Firm will assist WSRMP in designing the most cost-effective risk-financing program for member property and liability exposures, including the review of retention levels and insurance limits. 2. Firm will report to WSRMP no later than April 1 of each year of Firm's best guesstimate of reinsurance renewal premiums for the next fiscal year beginning each September 1. 3. Firm will report to WSRMP no later than January 15 of each year an analysis of reinsurance market conditions and recommendations for renewal at the next fiscal year being September 1. Firm may be called to make a presentation to the WSRMP Board at each April Board meeting and June Board Meeting. 4. Firm shall prepare renewal specifications for review by WSRMP. Firm shall prepare a summary comparing last year's coverage with impending renewal proposals, identifying any differences.
