Grand Junction Regional Airport Authority Agenda Packet 2026-05-19
Airport weighs 2026-2027 insurance placement via HUB
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Description
The Grand Junction Regional Airport Authority is considering authorization for its CEO to work through broker HUB International to place 2026-2027 insurance policies at an estimated premium of about $201,659, with authority up to $212,000. The policies will cover general airport liability, auto, property, inland marine, and public officials liability from June 1, 2026 through May 31, 2027.
Contract Details
Contract Amount
Up to a total annual policy period cost of $212,000; estimated 2026 calendar year premium costs $200,000; 2026-2027 quoted total premium $201,659
Vendor
HUB INTERNATIONAL
Agency
Grand Junction Regional Airport Authority, CO
Contract Type
INSURANCE
Document Date
May 19, 2026
Contract Term
June 1, 2026 – May 31, 2027
Renewal Date
2027-05-31
Renewal Info
Annual property and casualty program renewal; CEO would be authorized to finalize carrier selections for the June 1, 2026 – May 31, 2027 policy period within a not-to-exceed premium of $212,000.
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