gallup_city_council_regular_meeting_agenda_january.pdf
Budget Boost to Cover NMSIF Insurance Premium
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Description
Gallup will increase its risk management fund budget by $725,962 to fully pay the $1,375,962 annual insurance premium due to NMSIF.
Contract Details
Contract Amount
$1,375,962
Vendor
NMSIF
Agency
City of Gallup, NM
Contract Type
INSURANCE
Document Date
January 6, 2026
Contract Term
Annual premium notice dated 7/26/24
Renewal Date
2025-07-26
Renewal Info
Annual insurance coverage paid from the risk management fund; current invoice dated 7/26/24 exceeds original budget.
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