The School Board of Polk County Agenda 2026-06-09
Lloyds Selected for High School Builder’s Risk Policy
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Description
Polk County School District expects to place a builder's risk insurance policy for the New Northeast High School "BBB Project" with Underwriters at Lloyds, London with Starr Specialty Insurance as lead, at a total premium of $680,000. The policy covers the construction project from June 15, 2026 through August 1, 2028 with an option for a 90-day extension.
Contract Details
Contract Amount
$680,000 total premium (builder's risk placement)
Vendor
UNDERWRITERS AT LLOYDS LONDON
Agency
Ridge Technical College, FL
Contract Type
INSURANCE
Document Date
June 6, 2026
Contract Term
June 15, 2026 through August 1, 2028, with option to extend up to 90 days
Renewal Date
2028-08-01
Renewal Info
New builder's risk insurance policy for the BBB project; term through August 1, 2028 with an option to extend up to 90 days at a pre-negotiated rate; no renewal terms beyond this construction-related coverage specified.
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The School Board of Polk County Agenda 2026-06-09
The School Board of Polk County Agenda 2026-06-09
The School Board of Polk County Agenda 2026-06-09
The School Board of Polk County Agenda 2026-06-09
The School Board of Polk County Agenda 2026-06-09
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