City of Hoboken Council Meeting Minutes January 28 2026
Hoboken Modifies Insurance Retentions, Lowers 2026 Premium
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Description
The City of Hoboken amended its insurance agreement with the Garden State Municipal Joint Insurance Fund, approving increased retentions and reducing its annual premium for 2026.
Contract Details
Contract Amount
$2,334,605
Vendor
GARDEN STATE MUNICIPAL JOINT INSURANCE FUND
Agency
City of Hoboken, NJ
Contract Type
INSURANCE
Document Date
January 28, 2026
Contract Term
CY2026 (Expires December 31, 2027)
Renewal Date
2027-12-31
Renewal Info
Contract expires December 31, 2027. Retention modifications are for 2026 only; ongoing annual review and appropriation required.
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