INSURANCEPENDING

New York Life Submits Higher-Cost Group Life Bid

New York Life offered Weslaco a three-year guaranteed employer-paid group life and AD&D plan with an estimated annual premium of $117,078.00 under RFP #2025-26-40. The bid significantly increases costs relative to the current contract and is among several options under review.

Status
PENDING
Document date
July 27, 2026
Contract type
INSURANCE
Vendor
New York Life
Agency
City of Weslaco · TX

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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
$117,078.00 estimated annual premium (Option 3)
Contract type
INSURANCE
Contract term
Three-year rate guarantee
Renewal
Proposed three-year rate guarantee; award decision pending.
Document type
AgendaPacket
Source document
City of Weslaco AgendaPacket Special Meeting 2026-07-29

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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 Weslaco?

New York Life was awarded this insurance contract by City of Weslaco, as recorded on July 27, 2026. The contract value is $117,078.00 estimated annual premium (Option 3).

How much is the New York Life contract with City of Weslaco worth?

The New York Life contract with City of Weslaco is valued at $117,078.00 estimated annual premium (Option 3), covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Weslaco AgendaPacket Special Meeting 2026-07-29 (AgendaPacket), dated July 27, 2026 from City of Weslaco. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New York Life hold?

New York Life 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 New York Life's profile

What is City of Weslaco currently buying?

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

View City of Weslaco's profile

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