Sand Springs City Council Agenda Packet 2026-06-22
City Renews OMAG Municipal Property Insurance for FY27
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Description
Sand Springs is set to renew its Municipal Property Protection Plan with Oklahoma Municipal Assurance Group for FY27 at an annual premium of $227,224. The renewal includes a higher $5,000 deductible and reflects a 5% premium increase and added covered items.
Contract Details
Contract Amount
$227,224.00
Vendor
OKLAHOMA MUNICIPAL ASSURANCE GROUP
Agency
City of Sand Springs, OK
Contract Type
INSURANCE
Document Date
June 22, 2026
Contract Term
FY27 (policy year)
Renewal Date
2027-06-30
Renewal Info
Annual Municipal Property Protection Plan renewal for FY27 with increased deductible to $5,000 and approximately 5% premium increase.
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