Port Seeks Ratification of Property Policy Second-Year Option

The Everett Port Commission is asked to ratify a second-year option on its property insurance policy arranged through broker Alliant, maintaining the premium at $1,575,965 for the July 1, 2027 to July 1, 2028 term. The extension locks in current terms and provides budget certainty through July 1, 2028 amid favorable property insurance markets.

Scope & details

The full contract record, as filed.

Contract amount

$1,575,965

Contract type

INSURANCE

Contract term

July 1, 2027 to July 1, 2028

Renewal date

2028-07-01

Renewal

Second-year option on the property insurance policy is exercised at the same cost and terms as the current year renewal, extending coverage for an additional year from July 1, 2027 to July 1, 2028.

Document type

Agenda

Source document

Everett Port Commission Agenda Item Cover Sheet Property Policy Renewal – 2nd Year Option Ratification 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Port Of Everett?

ALLIANT was awarded this insurance contract by Port Of Everett, as recorded on July 12, 2026. The contract value is $1,575,965.

How much is the ALLIANT contract with Port Of Everett worth?

The ALLIANT contract with Port Of Everett is valued at $1,575,965, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Everett Port Commission Agenda Item Cover Sheet Property Policy Renewal – 2nd Year Option Ratification 2026-07-14 (Agenda), dated July 12, 2026 from Port Of Everett. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ALLIANT hold?

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

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