Niagara Frontier Transportation Authority Audit, Governance and Finance Committee Agenda April 2026
FM Global awards substantial insurance premium credits
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Description
FM Global granted NFTA membership and resilience credits totaling $885,675 for the April 1, 2026–March 31, 2027 policy year, offsetting a substantial portion of property and casualty insurance costs. The credits reflect FM Global’s mutual structure and resilience programs.
Contract Details
Contract Amount
$885,675.00
Vendor
FM GLOBAL
Agency
Niagara Frontier Transportation Authority, NY
Contract Type
INSURANCE
Document Date
April 23, 2026
Contract Term
April 1, 2026 to March 31, 2027
Renewal Date
2027-03-31
Renewal Info
Credits applied for FY 4/1/2026–3/31/2027; continuation of such credits in future years is not specified.
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