City of Dallas Council Agenda 2026-06-10
Dallas Approves Life Insurance Contract With Standard
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Description
The City of Dallas will contract with Standard Insurance for a three-year term with two one-year renewal options to provide City-paid basic life insurance and administer grandfathered life insurance policies. The agreement is part of a benefits package totaling up to $2,932,743.00, funded by Employee Benefits Funds.
Contract Details
Contract Amount
Not to exceed $2,932,743.00 (combined with Standard Insurance Company and Metropolitan Life Insurance Company)
Vendor
STANDARD INSURANCE
Agency
City of Dallas city, TX
Contract Type
INSURANCE
Document Date
June 2, 2026
Contract Term
Three-year service contract with two one-year renewal options (June 10, 2026 through June 9, 2029)
Renewal Date
2029-06-09
Renewal Info
Initial three-year term from June 10, 2026 through June 9, 2029 with two optional one-year renewals contingent on future approvals.
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City of Dallas Council Agenda 2026-06-10
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