Board of Education Consent Agenda Item April 2026
Board Renews School Treasurer’s Bond Insurance
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Description
The Board of Education is requested to approve renewal of the School Treasurer’s Bond with Concert Insurance Company as surety for Jacksonville School District #117. The bond carries an annual premium of $5,767 and a penal sum of $5,855,942, effective May 1, 2026, until cancelled.
Contract Details
Contract Amount
$5,767.00 annual premium; bond penalty $5,855,942
Vendor
CONCERT INSURANCE COMPANY
Agency
Jacksonville SD 117, IL
Contract Type
INSURANCE
Document Date
April 22, 2026
Contract Term
Effective 05/01/2026 until cancelled
Renewal Info
Renewal of existing School Treasurer’s Bond with Concert Insurance Company as surety, effective 05/01/2026, remaining in force until cancelled per bond terms.
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