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Virgin Islands Port Authority Awards $258,200 Service Contract to Alpha Risk Management (December 2024)

Virgin Islands Port Authority logoVirgin Islands Port Authority
Disclosed value
$258,200
From minutes
Approved
Dec 18, 2024
Term
3 years

The 30-second brief

What it covers

VIPA approves a Master Service Agreement with Alpha Risk Management, Inc. for insurance underwriting, claim substantiation, and adjusting services, effective January 1, 2025, through December 31, 2027. The annual fees are $83,400, $86,400, and $88,400 for 2025, 2026, and 2027, respectively, paid in monthly installments.

Who holds it

Alpha Risk Management holds this service contract with Virgin Islands Port Authority.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Service
Amount
$258,200
Document date
December 18, 2024
Term
3 years
Vendor
Alpha Risk Management
Agency
Virgin Islands Port Authority
Source document
virgin-islands-port-authority-board-meeting-actions-list-december-18-2024_33b.pdf (Minutes)

Alpha Risk Management's other public contracts

Virgin Islands Port Authority, VIVIPA Approves Alpha Risk Management Contract · Jan 18, 2023$233.9KVirgin Islands Port Authority, VIRisk Management Contract Extended for Hurricane Settlements · Feb 26, 2020UndisclosedAll Alpha Risk Management contractsVendor profile

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Questions about this contract

Who was awarded the service contract by Virgin Islands Port Authority?

Alpha Risk Management was awarded this service contract by Virgin Islands Port Authority, as recorded on December 18, 2024. The contract value is $258,200.

How much is the Alpha Risk Management contract with Virgin Islands Port Authority worth?

The Alpha Risk Management contract with Virgin Islands Port Authority is valued at $258,200, covering service work.

What type of contract is this?

This is a Service contract, documented as a minutes record.

Where was this contract approved?

This contract appears in virgin-islands-port-authority-board-meeting-actions-list-december-18-2024_33b.pdf (Minutes), dated December 18, 2024 from Virgin Islands Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alpha Risk Management hold?

Alpha Risk Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Virgin Islands Port Authority currently buying?

Explore Virgin Islands Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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