INSURANCERECOMMENDED

Metro to secure $300M excess liability insurance program

Metro will procure a public entity excess liability insurance program providing up to $300 million in coverage limits for the 2026–2027 policy year, at premiums not to exceed $31 million. The CEO is authorized to negotiate coverage with listed carriers.

Status
RECOMMENDED
Document date
July 23, 2026
Contract type
INSURANCE
Vendor
Public Entity Excess Liability Carriers (see Attachment B)
Agency
Central Arkansas Transit Authority · AR

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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

Scope & details

The full contract record, as filed.

Contract amount
Not-to-exceed premium of $31 million with up to $300 million in limits
Contract type
INSURANCE
Contract term
12 months, August 1, 2026 to August 1, 2027
Renewal date
2027-08-01
Renewal
Annual insurance purchase for August 1, 2026–August 1, 2027; future renewals would require subsequent Board authorization.
Document type
Agenda
Source document
Metropolitan Transportation Authority Agenda 2026-07-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Central Arkansas Transit Authority?

Public Entity Excess Liability Carriers (see Attachment B) was awarded this insurance contract by Central Arkansas Transit Authority, as recorded on July 23, 2026. The contract value is Not-to-exceed premium of $31 million with up to $300 million in limits.

How much is the Public Entity Excess Liability Carriers (see Attachment B) contract with Central Arkansas Transit Authority worth?

The Public Entity Excess Liability Carriers (see Attachment B) contract with Central Arkansas Transit Authority is valued at Not-to-exceed premium of $31 million with up to $300 million in limits, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Metropolitan Transportation Authority Agenda 2026-07-23 (Agenda), dated July 23, 2026 from Central Arkansas Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Entity Excess Liability Carriers (see Attachment B) hold?

Public Entity Excess Liability Carriers (see Attachment B) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Public Entity Excess Liability Carriers (see Attachment B)'s profile

What is Central Arkansas Transit Authority currently buying?

Explore Central Arkansas Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Central Arkansas Transit Authority's profile

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