Pequannock River Basin Regional Sewerage Authority Minutes May 2025
Authority Approves 3-Year Insurance Renewal with Cincinnati Indemnity
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Description
The Authority awarded a three-year insurance contract to Cincinnati Indemnity Company for commercial/umbrella and Directors & Officers liability coverage totaling $23,453, effective June 23, 2025 through June 23, 2028. The contract was approved under Resolution No. R-25-5-2 with payment to be made as per broker's quote.
Contract Details
Contract Amount
$23,453.00
Vendor
CINCINNATI INDEMNITY COMPANY
Agency
Pequannock River Basin RSA, NJ
Contract Type
INSURANCE
Document Date
May 21, 2025
Contract Term
June 23, 2025 through June 23, 2028 (3 year renewal option)
Renewal Date
2028-06-23
Renewal Info
3 year renewal option; subject to annual appropriations. Contract awarded as an extraordinary unspecifiable service; renewal presented after quotations solicited from other carriers.
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