The Breadon Group Provides Rate Stabilization Agreement

The Breadon Group agrees to provide rate stabilization for a period of 3 years for the City of Sault Ste Marie, MI, following the 2022-2023 Renewal Term. The agreement includes coverage for various liabilities and requires the insured to maintain a loss ratio of 35% or less for a maximum rate increase of 3%.

Scope & details

The full contract record, as filed.

Contract amount

Contract type

Insurance

Contract term

3 years

Document type

Contract

Source document

city-of-sault-ste-marie-contract-2022-07-01_b2e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Sault Ste. Marie?

Breadon Group was awarded this insurance contract by City of Sault Ste. Marie, as recorded on July 1, 2022.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-sault-ste-marie-contract-2022-07-01_b2e.pdf (Contract), dated July 1, 2022 from City of Sault Ste. Marie. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Breadon Group hold?

Breadon Group 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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What is City of Sault Ste. Marie currently buying?

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