El Dorado County Transit Authority Agenda Packet 2026-06-04
Transit Board Renews $500K Liability Coverage With CalTIP
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Description
The Board authorized Purchase Order 32005 with the California Transit Indemnity Pool for $500,000 to renew El Dorado Transit’s liability insurance for FY 2026/27, providing up to $25 million in liability coverage. The pooled program includes a self-insured retention and multiple excess insurance layers.
Contract Details
Contract Amount
$500,000
Vendor
CALIFORNIA TRANSIT INDEMNITY POOL
Agency
El Dorado County Transit Authority, CA
Contract Type
INSURANCE
Document Date
June 3, 2026
Contract Term
July 1, 2026 – June 30, 2027 (coverage period May 1, 2026 – April 30, 2027)
Renewal Date
2027-04-30
Renewal Info
Annual pooled liability insurance renewal for FY 2026/27; subject to re-quotation and Board approval for future fiscal years.
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RENEWEDIssuing Agency
El Dorado County Transit Authority
Special District
Diamond Springs, CA
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