INSURANCERENEWED

City Renews Transit Liability Insurance with CalTIP

The Torrance City Council approved the annual membership renewal with California Transit Indemnity Pool (CalTIP) for an amount not to exceed $837,187. The agreement covers transit liability insurance for FY2025-26.

Status
RENEWED
Document date
April 22, 2025
Contract type
INSURANCE
Vendor
California Transit Indemnity Pool
Agency
City of Torrance · CA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not-to-Exceed $837,187
Contract type
INSURANCE
Contract term
One-year period beginning May 1, 2025 and ending May 1, 2026
Renewal date
2026-05-01
Renewal
Annual renewal, May 1, 2025 to May 1, 2026
Document type
Agenda
Source document
Torrance City Council Meeting Agenda April 22 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Torrance?

California Transit Indemnity Pool was awarded this insurance contract by City of Torrance, as recorded on April 22, 2025. The contract value is Not-to-Exceed $837,187.

How much is the California Transit Indemnity Pool contract with City of Torrance worth?

The California Transit Indemnity Pool contract with City of Torrance is valued at Not-to-Exceed $837,187, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Torrance City Council Meeting Agenda April 22 2025 (Agenda), dated April 22, 2025 from City of Torrance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does California Transit Indemnity Pool hold?

California Transit Indemnity Pool may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View California Transit Indemnity Pool's profile

What is City of Torrance currently buying?

Explore City of Torrance's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Torrance's profile

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