Public Risk Innovation, Solutions, and Management Joint Powers Agreement 2026-06-30
Joint Powers Risk Pool Agreement with PRISM
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Description
California counties and public entities participate in a Joint Powers Agreement with Public Risk Innovation, Solutions, and Management (PRISM) to obtain pooled risk coverage, excess insurance or reinsurance, and related risk management services. The agreement establishes PRISM’s governance, funding mechanisms, and ongoing responsibilities to provide coverage programs and administrative services to its members.
Contract Details
Vendor
PUBLIC RISK INNOVATION, SOLUTIONS, & MANAGEMENT
Agency
Pacheco Storm Water District (San Benito), CA
Contract Type
INSURANCE
Document Date
June 26, 2026
Contract Term
Agreement continues in effect until terminated per Article 23
Renewal Info
Agreement is perpetual and remains in effect until terminated by a three-fourths vote of the total voting membership under Article 23. Individual members may withdraw or be canceled from PRISM or specific programs under Articles 20–22.
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APPROVEDIssuing Agency
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Utility District
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