Bay City City Commission Synopsis of Regular Meeting 2026-06-15
Bay City renews municipal risk management insurance
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Description
Bay City renewed its self-insurance and risk management services agreement with the Michigan Municipal Risk Management Authority in Livonia. The renewal totals $626,777 plus $32,752 for stop loss, offset by a Net Asset Distribution credit of $157,100.
Contract Details
Contract Amount
$626,777 plus $32,752 for stop loss, less Net Asset Distribution of $157,100
Vendor
MICHIGAN MUNICIPAL RISK MANAGEMENT AUTHORITY LIVONIA MI
Agency
City of Bay, MI
Contract Type
INSURANCE
Document Date
June 15, 2026
Contract Term
Not specified; renewal agreement for upcoming coverage period
Renewal Info
Renewal agreement for the City's self-insurance and risk management services with included stop-loss coverage; specific renewal cycle or future options are not detailed in the minutes.
More from MICHIGAN MUNICIPAL RISK MANAGEMENT AUTHORITY LIVONIA MI
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