INSURANCERENEWED

Sand Springs Municipal Authority AgendaPacket 2026-06-22

SRWCS Property Insurance with OMAG Renewed for FY27

$20,493.00 (total); Sand Springs share $12,295.80; Sapulpa share $8,197.20City of Sand SpringsOKLAHOMA MUNICIPAL ASSURANCE GROUPJune 22, 2026

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Description

The Sand Springs Municipal Authority is renewing the Skiatook Raw Water Conveyance System Municipal Property Protection Plan with Oklahoma Municipal Assurance Group for FY27 at a total premium of $20,493, of which Sand Springs will pay 60%. The policy insures the shared raw water conveyance assets with a $5,000 deductible and a modest premium increase.

Contract Details

Contract Amount

$20,493.00 (total); Sand Springs share $12,295.80; Sapulpa share $8,197.20

Vendor

OKLAHOMA MUNICIPAL ASSURANCE GROUP

Agency

City of Sand Springs, OK

Contract Type

INSURANCE

Document Date

June 22, 2026

Contract Term

Fiscal Year 2027 (FY27)

Renewal Date

2027-06-30

Renewal Info

Annual OMAG property coverage specific to the Skiatook Raw Water Conveyance System renewed for FY27 with adjusted premium and deductible; future annual renewals expected.

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