City of Lubbock Regular City Council Meeting Agenda March 2026
Utility Property Insurance with AEGIS and Lloyd's
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Description
The City of Lubbock plans to obtain property insurance for its municipal utility, including terrorism and sabotage coverage, through AEGIS and Lloyd's LIB4472, with premiums capped at $21,659.00. Coverage is calculated at a rate of $0.00270 per unit of valuation.
Contract Details
Contract Amount
Total premium not to exceed $21,659.00 at a rate of $0.00270 per (unit)
Vendor
AEGIS
Agency
City of Lubbock, TX
Contract Type
INSURANCE
Document Date
March 10, 2026
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