INSURANCEAPPROVED

City of Newark Awards Insurance Contract to Alamo Insurance Group Inc (August 2026)

The City engaged The Alamo Insurance Group Inc. as part of a three-broker panel to manage health insurance brokerage services under a collective $525,000 not-to-exceed cap for the 2026–2027 plan year, with two optional renewals.

Status
APPROVED
Document date
August 5, 2026
Contract type
INSURANCE
Vendor
Alamo Insurance Group Inc
Agency
City of Newark · NJ

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $525,000.00 (all three contracts)
Contract type
INSURANCE
Contract term
September 1, 2026 through August 31, 2027 with two (2) one-year options to renew
Renewal date
2027-08-31
Renewal
Brokerage contract runs for one year with two optional one-year renewals as authorized under the resolution.
Document type
Agenda
Source document
City of Newark Meeting Agenda 2026-08-05

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Newark?

Alamo Insurance Group Inc was awarded this insurance contract by City of Newark, as recorded on August 5, 2026. The contract value is Not to exceed $525,000.00 (all three contracts).

How much is the Alamo Insurance Group Inc contract with City of Newark worth?

The Alamo Insurance Group Inc contract with City of Newark is valued at Not to exceed $525,000.00 (all three contracts), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Newark Meeting Agenda 2026-08-05 (Agenda), dated August 5, 2026 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Alamo Insurance Group Inc hold?

Alamo Insurance Group Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Alamo Insurance Group Inc's profile

What is City of Newark currently buying?

Explore City of Newark's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Newark's profile

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