City of Bixby City Council Meeting Agenda 2026-05-26
Bixby Plans FY-27 Property Insurance Renewal with OMAG
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Description
The City of Bixby is considering approval of a purchase order to Oklahoma Municipal Assurance Group to renew its FY-27 property insurance coverage for $149,886.00, with a total policy premium of $258,026.00 effective July 1, 2026 through July 1, 2027. Coverage applies to city properties across the General, Parks, and Cemetery funds under OMAG’s Municipal Property Protection Plan.
Contract Details
Contract Amount
$149,886.00
Vendor
OKLAHOMA MUNICIPAL ASSURANCE GROUP
Agency
City of Bixby, OK
Contract Type
INSURANCE
Document Date
May 26, 2026
Contract Term
FY-27; policy effective 7/1/2026 – 7/1/2027; total property premium $258,026.00
Renewal Date
2027-07-01
Renewal Info
Annual renewal of OMAG Municipal Property Protection Plan (Policy PRO140040410), with options for full, semi-annual, or quarterly premium payments; policy cancels if unpaid within 45 days after due date.
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