Niagara Frontier Transportation Authority Audit, Governance and Finance Committee Agenda April 2026
Insurance broker fee set for 2026–2027 program
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Description
NFTA is paying an insurance broker $171,375 for the April 1, 2026–March 31, 2027 policy year to arrange and service its property and casualty insurance program, a modest increase over the prior year’s fee. The broker supports risk transfer and coverage optimization efforts.
Contract Details
Contract Amount
$171,375.00
Vendor
BROKER
Agency
Niagara Frontier Transportation Authority, NY
Contract Type
INSURANCE
Document Date
April 23, 2026
Contract Term
April 1, 2026 to March 31, 2027
Renewal Date
2027-03-31
Renewal Info
Brokerage engagement continues into FY 4/1/2026–3/31/2027 with a slightly higher fee; broker’s specific firm name is not provided in this document.
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