CONTRACTAMENDED

Austin Amends Disability Insurance Contract, Adds $2.7M

City of Austin city logoCity of Austin city
Disclosed value
Increase by $2,700,000 for a revised total not to exceed $16,068,000
From staffreport
Document date
May 28, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Austin approved an amendment to its long-term disability insurance contract with Life Insurance Company of North America, adding $2,700,000 for a revised total of $16,068,000. This action ensures continued insurance coverage for city employees at guaranteed rates through the end of the contract term.

Who holds it

Life Insurance Company of North America holds this insurance contract with City of Austin city. Its other public contracts on record include work for Brevard County and Town of Zionsville.

What happens next

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Contract details

Contract type
Insurance
Amount
Increase by $2,700,000 for a revised total not to exceed $16,068,000
Document date
May 28, 2026
Term
Total 6 years (Initial 2 years, Amendment 3 years, Optional Extension 1 year)
Renews
On record
Source document
City of Austin StaffReport Recommendation for Action 2026-05-28 (StaffReport)

Life Insurance Company of North America's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Austin city?

Life Insurance Company of North America was awarded this insurance contract by City of Austin city, as recorded on May 28, 2026. The contract value is Increase by $2,700,000 for a revised total not to exceed $16,068,000.

How much is the Life Insurance Company of North America contract with City of Austin city worth?

The Life Insurance Company of North America contract with City of Austin city is valued at Increase by $2,700,000 for a revised total not to exceed $16,068,000, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Austin StaffReport Recommendation for Action 2026-05-28 (StaffReport), dated May 28, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Life Insurance Company of North America hold?

Life Insurance Company of North America 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 City of Austin city currently buying?

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

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