Info

SCI operates in the legal capacity of a "Primary General Contractor" in terms of managing the contract issuance and 1099 payroll administration, and driver servicing between the driver and the Courier Company. SCI contracts with each driver, provides the driver and their vehicles back to the Courier Company, and provides ongoing administrative services such as settlement check issuance, settlement deductions, and vendor payee services associated with the subcontractors. Additionally, SCI administers, reviews, and tracks the 1099 reporting responsibilities for the settlement payments made to the Independent Contractor. SCI assures the client company that every driver operates under a formal and legally recognized operating agreement and is responsible for processing each driver's settlement compensation check. This structure established contractor while disconnecting the work being facilitated by the Courier Company and the delivery services offered by the driver. SCI requires each independent contractor to either provide evidence of Workers' Compensation Insurance, or to participate under an approved and endorsed Alternative Program. SCI requires that the "Alternative Program" must contain a valid coverage mechanism that will respond with true Statutory Workers' Compensation protection in the event an independent contractor sues and wins reclassification as an employee. If the Independent Contractors can not provide such coverage, SCI will provide them with access to a sponsored program negotiated for SCI's drivers. The SCI program includes Occupational Accident insurance, Contingent Liability insurance, as well as its own Statutory Workers' Compensation policy. SCI presently has over 200 active Courier Company Clients with over 6,000 Independent Contractor Drivers under contract. SCI processes approximately $4,250,000 in weekly settlement checks. In 2001, SCI was awarded the Vendor of the Year Award by the New York State Courier Association for the high quality of services and support SCI has provided to the Courier Industry. There have been a few companies that have attempted to provide similar services that SCI affords its clients, but none have combined all facets of data processing systems, administrative support, and legal protection delivered by SCI to the drivers as well as to the Courier Company. We believe we offer a "Total Risk Management Solution". In the event of any claims activity, SCI also provides oversight and tracking for the reporting, eligibility verification, accident investigation, and identification of any possible subrogation resolution for all claims associated with our Occupational Accident and Worker's Compensation program. On October 21, 2004 SCI merged with the publicly traded company, Coach Industries Group, Inc. CIGI is a holding company which, through its subsidiaries, provides financial services and products related to the transportation industry, targeting primarily limousine and livery companies and now expanding into the courier delivery industry.