City updates OCIP insurance agreement with Marsh USA
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Description
The Municipal Facilities Authority updated its insurance services agreement that includes Marsh USA LLC, authorizing an OCIP cost estimate increase of $14,516,857 for a new total of $25,149,450. The resolution covers premiums, deductibles, and related program costs.
Contract Details
Contract Amount
estimated cost increase of $14,516,857 to a total estimated cost of $25,149,450
Vendor
MARSH USA LLC
Agency
City of Oklahoma, OK
Contract Type
INSURANCE
Document Date
April 21, 2026
Renewal Info
Part of an amended Professional Services Agreement for OCIP administration; this action adjusts financial limits.
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