City Adds Insurance Coverage for Railroad Utility Licenses
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Description
The city will add pollution insurance coverage at an annual cost of approximately $11,700 to comply with railroad licensing for utility crossings on the Market Boulevard project.
Contract Details
Contract Amount
~$11,700/year (insurance coverage)
Vendor
TWIN CITIES & WESTERN RAILROAD
Agency
City of Chanhassen, MN
Contract Type
INSURANCE
Document Date
June 8, 2026
Contract Term
Annual (ongoing as needed for license)
Renewal Info
Insurance coverage must be maintained annually as required by the railroad license agreement; renews yearly until the license ends.
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