In today's complex economic and volatile litigation times, irma offers public entities an extraordinary opportunity to stabilize costs, reduce risk and better serve their constituencies Tenant user liability insurance program (tulip) what is a tulip Requests to use local government properties and facilities by the public have become a common occurrence The tulip is available to the user of the facility, who under contract, permit or agreement, rents or uses local government property or facilities. Due to the nature of the contingency fund, it shall be invested in a more conservative manner than irma’s investment portfolio, with a target of a 3% annual return The administration and finance committee shall oversee the investments of the contingency fund.
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