Board Recommended to Renew Insurance with CLIC for $192,336
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Description
Meridian School District administration recommends renewal of its property and casualty insurance for the upcoming fiscal year with the Collective Liability Insurance Cooperative (CLIC) at a cost of $192,336. The renewal reflects increases due to expanded assets and fleet, with savings from strong risk management performance. Approval will maintain coverage for school buildings, vehicles, and board operations.
Contract Details
Contract Amount
$192,336
Vendor
COLLECTIVE LIABILITY INSURANCE COOPERATIVE
Agency
Meridian CUSD 223, IL
Contract Type
INSURANCE
Document Date
June 12, 2026
Contract Term
upcoming fiscal year
Renewal Info
Annual renewal; includes actuarial credits and revised rates based on district's loss performance. Pending board approval.
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