California Public Agencies Can Save Thousands Under New Fire Extinguisher Regulations, According to Keenan & Associates.News Editors/Business Editors/Political Writers TORRANCE, Calif.--(BUSINESS WIRE)--May 1, 2003 One Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern School District to Save $200,000 Over Five Years At a time when government budgets throughout California are stretched tighter than they have been in decades, Keenan & Associates, the largest privately held insurance brokerage firm in the state, is advising public agencies how to save thousands of dollars following a recent modification to Title 19 of the California Code of Regulations California Code of Regulations (CCR) contains the text of the regulations that have been formally adopted by state agencies, reviewed and approved by the Office of Administrative Law, and filed with the Secretary of State. . Under the new regulations, most portable stored pressure dry chemical or dry powder Dry Powder A slang term for cash reserves kept on hand to cover future obligations. Notes: For example, if a venture capitalist expects bad times in the IPO markets you might hear him say something like, "we want to keep enough dry powder around to keep funding our fire extinguishers are no longer required to be annually discharged, refilled and pressurized pres·sur·ize tr.v. pres·sur·ized, pres·sur·iz·ing, pres·sur·iz·es 1. To maintain normal air pressure in (an enclosure, as an aircraft or submarine). 2. . Although annual maintenance and monthly inspections of all fire extinguishers is still mandatory, the new regulations now specify that the complete discharging and refilling of most fire extinguishers need only take place every six years. As obscure as this change may appear, the cost savings for public agencies that are required to maintain dozens of fire extinguishers at various locations can be substantial. "This is a significant development for cash-starved California agencies since many of them can now reduce their facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. expenses at a time when any possible savings are badly needed," said David Struthers, director of risk management services of Torrance, Calif.-based Keenan & Associates. "For example, one of our clients -- a major school district in Northern California -- has determined that this regulatory change will allow them to save $200,000 over the next five years." Detailed information regarding the new regulations and licensing requirements for fire extinguishers are available from the Office of the State Fire Marshall's Web site at http://osfm.fire.ca.gov/fireextinguisher.html. Keenan & Associates is a leading California insurance brokerage and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , specializing in group benefits, property & liability, and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. claims administration. It offers a complete range of specialized services to California school districts with more than 750 districts as clients. For more information, visit the Keenan & Associates web site at http://www.keenanassoc.com. |
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