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City of Oak Point City Council Meeting Agenda Packet May 20 2026

City Maintains FY2026 Insurance with TML Risk Pool

$200,671.78City of Oak PointTML RISK POOLMay 17, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Oak Point continues its FY 2026 insurance coverage with TML Risk Pool, recording year-to-date expenditures of about $200,672 from the General Fund. This pooled insurance arrangement provides comprehensive risk coverage for municipal operations.

Contract Details

Contract Amount

$200,671.78

Vendor

TML RISK POOL

Agency

City of Oak Point, TX

Contract Type

INSURANCE

Document Date

May 17, 2026

Contract Term

Fiscal Year 2026

Renewal Date

2026-09-30

Renewal Info

Annual pooled insurance participation through TML Risk Pool; FY 2026 expenditures exceed budgeted amount, implying ongoing coverage subject to annual renewal.

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