INSURANCEPROPOSED

PhilaPort Plans Five-Year Insurance Broker Agreement

The Philadelphia Regional Port Authority proposes a five-year professional services agreement with USI Insurance as its property and casualty insurance broker at rates not to exceed $150,000 per year. The contract would continue USI’s risk management and insurance advisory services under PhilaPort’s standard professional services terms.

Status
PROPOSED
Document date
July 15, 2026
Contract type
INSURANCE
Vendor
Usi Insurance
Agency
Philadelphia Regional Port Authority · PA

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $150,000.00 per year
Contract type
INSURANCE
Contract term
Five (5) year period starting upon expiration of current contract in September 2026
Renewal date
2031-09-30
Renewal
Current USI contract expires September 2026; proposed action is to renew/replace it with a new five-year agreement under the current rate structure, capped at $150,000 annually, subject to PhilaPort’s standard professional services terms and conditions.
Document type
AgendaPacket
Source document
Philadelphia Regional Port Authority AgendaPacket Board Meeting 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Philadelphia Regional Port Authority?

Usi Insurance was awarded this insurance contract by Philadelphia Regional Port Authority, as recorded on July 15, 2026. The contract value is Not to exceed $150,000.00 per year.

How much is the Usi Insurance contract with Philadelphia Regional Port Authority worth?

The Usi Insurance contract with Philadelphia Regional Port Authority is valued at Not to exceed $150,000.00 per year, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Philadelphia Regional Port Authority AgendaPacket Board Meeting 2026-07-15 (AgendaPacket), dated July 15, 2026 from Philadelphia Regional Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Usi Insurance hold?

Usi Insurance 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 Philadelphia Regional Port Authority currently buying?

Explore Philadelphia Regional Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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