City of Lee's Summit Finance and Budget Committee Agenda 2026-06-01
City Considers Two-Year Workers Comp Excess Renewal
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Description
The Finance and Budget Committee will consider an ordinance authorizing a two-year renewal of the Workers Compensation Excess insurance policy with Midwest Employers, with a deposit guarantee premium of $163,800 for FY2027 and the same for FY2028. The City Manager would be empowered to execute all necessary documents to obtain the coverage.
Contract Details
Contract Amount
$163,800 for FY2027 and the same for FY2028
Vendor
MIDWEST EMPLOYERS
Agency
City of Green Ridge, MO
Contract Type
INSURANCE
Document Date
May 31, 2026
Contract Term
Two-year renewal covering FY2027 and FY2028
Renewal Info
Ordinance TMP-3701 authorizes renewal of the Workers Compensation Excess policy with Midwest Employers for FY2027 and FY2028 at a deposit guarantee premium of $163,800 per fiscal year.
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