INSURANCEONGOING

City boosts funding for workers compensation insurance costs

Salt Lake City increases funding to cover workers compensation premiums and legacy claim obligations under its ongoing policy with Workers Compensation Fund of Utah. The amendment accounts for underbudgeted premiums, true-up charges, and unresolved prior-year claims.

Status
ONGOING
Document date
June 9, 2026
Contract type
INSURANCE
Vendor
Workers Compensation Fund of Utah
Agency
Salt Lake City Corporation · UT

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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
$1,710,000 ongoing premium adjustment plus $1,731,829 General Fund transfer; includes $255,000 premium underbudget, $800,000 true-up, $655,000 legacy claims
Contract type
INSURANCE
Renewal
Premiums are subject to annual calculation and post-year true-ups based on actual wages and claims experience; legacy claims remain payable until resolved.
Document type
AgendaPacket
Source document
Salt Lake City Council AgendaPacket Formal Meeting 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Salt Lake City Corporation?

Workers Compensation Fund of Utah was awarded this insurance contract by Salt Lake City Corporation, as recorded on June 9, 2026. The contract value is $1,710,000 ongoing premium adjustment plus $1,731,829 General Fund transfer; includes $255,000 premium underbudget, $800,000 true-up, $655,000 legacy claims.

How much is the Workers Compensation Fund of Utah contract with Salt Lake City Corporation worth?

The Workers Compensation Fund of Utah contract with Salt Lake City Corporation is valued at $1,710,000 ongoing premium adjustment plus $1,731,829 General Fund transfer; includes $255,000 premium underbudget, $800,000 true-up, $655,000 legacy claims, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Salt Lake City Council AgendaPacket Formal Meeting 2026-06-09 (AgendaPacket), dated June 9, 2026 from Salt Lake City Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Workers Compensation Fund of Utah hold?

Workers Compensation Fund of Utah 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 Workers Compensation Fund of Utah's profile

What is Salt Lake City Corporation currently buying?

Explore Salt Lake City Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Salt Lake City Corporation's profile

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