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INSURANCEAPPROVED

Town of Espanola Council Meeting Agenda December 2024

Council approves 2025 municipal insurance agreement

$226,690 plus 8% non-rebatable taxTown of EspanolaMUNICIPAL INSURANCE SERVICES LTDDecember 10, 2024

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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

Description

Espanola Council adopted Bylaw 3221/24, approving a 2025 municipal insurance agreement with Municipal Insurance Services Ltd. at $226,690 plus 8% non-rebatable tax, including legal expense coverage, and authorizing a one-year extension for 2026 without an RFP. This represents the second year of a two-year arrangement covering 2024 and 2025.

Contract Details

Contract Amount

$226,690 plus 8% non-rebatable tax

Vendor

MUNICIPAL INSURANCE SERVICES LTD

Agency

Town of Espanola, Canada

Contract Type

INSURANCE

Document Date

December 10, 2024

Contract Term

2025, with prior year 2024 and a one-year extension for 2026 approved

Renewal Date

2026-12-31

Renewal Info

Agreement covers 2024 and 2025 as a two-year term, with Council granting a one-year extension for 2026 of a planned four-year period (2026–2029) without issuing an RFP. Future years 2027–2029 are not yet approved.

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