Woodbury County Board of Supervisors Agenda Packet 2026-05-26
Builders’ risk policy bound for courthouse elevator project
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Description
Woodbury County will bind a builders’ risk policy with The Cincinnati Insurance Company for the courthouse elevator replacement project, providing $511,000 in coverage with a $10,000 deductible for a $511 premium. The one‑year policy runs from May 19, 2026 through May 19, 2027 and will be paid from the county liability fund.
Contract Details
Contract Amount
$511.00 premium; Builders Risk limit $511,000.00; $10,000 deductible
Vendor
THE CINCINNATI INSURANCE COMPANY
Agency
Woodbury County, IA
Contract Type
INSURANCE
Document Date
May 26, 2026
Contract Term
05/19/2026 12:01 AM to 05/19/2027 12:01 AM
Renewal Date
2027-05-19
Renewal Info
Single‑year builders’ risk policy tied to the elevator project; binder indicates coverage from May 19, 2026 until May 19, 2027, after which renewal or project completion will determine future coverage needs.
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