CONTRACTRECOMMENDED

MVCPA Staff Opposes Hanover Group Interest Waiver

Texas Department of Motor Vehicles | State of Texas
Disclosed value
Penalty $1.70; interest $0.06 (waiver portion of $4.26 total across group)
From agenda
Document date
Dec 7, 2023
Term
Late MVCPA fee payments for 2023

The 30-second brief

What it covers

Hanover Insurance Companies was among several Hanover entities assessed penalties and interest after underpaying MVCPA fees under an outdated $4 schedule. MVCPA staff recommended denying an interest waiver request totaling just $4.26 for the group, citing Comptroller tolerance policies.

Who holds it

Hanover Insurance Companies holds this financial services contract with Texas Department of Motor Vehicles | State of Texas. Its other public contracts on record include work for Pinellas Technical College-St. Petersburg and Pinellas County Schools Police.

What happens next

Term as filed: Late MVCPA fee payments for 2023.

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Contract details

Contract type
Financial Services
Amount
Penalty $1.70; interest $0.06 (waiver portion of $4.26 total across group)
Document date
December 7, 2023
Term
Late MVCPA fee payments for 2023
Source document
Motor Vehicle Crime Prevention Authority Board Meeting Agenda December 7 2023 (Agenda)

Hanover Insurance Companies's other public contracts

More Texas Department of Motor Vehicles | State of Texas contracts

Questions about this contract

Who was awarded the financial services contract by Texas Department of Motor Vehicles | State of Texas?

Hanover Insurance Companies was awarded this financial services contract by Texas Department of Motor Vehicles | State of Texas, as recorded on December 7, 2023. The contract value is Penalty $1.70; interest $0.06 (waiver portion of $4.26 total across group).

How much is the Hanover Insurance Companies contract with Texas Department of Motor Vehicles | State of Texas worth?

The Hanover Insurance Companies contract with Texas Department of Motor Vehicles | State of Texas is valued at Penalty $1.70; interest $0.06 (waiver portion of $4.26 total across group), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Motor Vehicle Crime Prevention Authority Board Meeting Agenda December 7 2023 (Agenda), dated December 7, 2023 from Texas Department of Motor Vehicles | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Hanover Insurance Companies hold?

Hanover Insurance Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Texas Department of Motor Vehicles | State of Texas currently buying?

Explore Texas Department of Motor Vehicles | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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