Torrance City Council Agenda April 21, 2026
CalTIP Transit Insurance Membership Renewed for 2026-27
Trusted by teams at
Description
The Torrance City Council will consider renewing its annual membership with the California Transit Indemnity Pool for Program Year 2026-27 at a cost not to exceed $1,116,602. The one-year agreement provides pooled insurance coverage for the City's transit operations from May 1, 2026 through May 1, 2027.
Contract Details
Contract Amount
$1,015,093 plus 10% contingency of $101,509, total not-to-exceed $1,116,602
Vendor
CALIFORNIA TRANSIT INDEMNITY POOL
Agency
City of Torrance, CA
Contract Type
INSURANCE
Document Date
April 18, 2026
Contract Term
One-year period beginning May 1, 2026 and ending May 1, 2027
Renewal Date
2027-05-01
Renewal Info
One-year membership renewal for Program Year 2026-27 running May 1, 2026 to May 1, 2027; future renewals likely annual but not specified.
More from CALIFORNIA TRANSIT INDEMNITY POOL
Related Contracts
El Dorado County Transit Authority Agenda Packet 2026-06-04
APPROVEDEl Dorado County Transit Authority Agenda Packet 2026-06-04
APPROVEDEl Dorado County Transit Authority Agenda Packet 2026-06-04
APPROVEDCity of Torrance City Council Agenda April 2026
RENEWEDTorrance City Council Meeting Agenda April 22 2025
RENEWEDMore from City of Torrance
City of Torrance City Council Agenda April 2026
City of Torrance City Council Agenda April 2026
City of Torrance City Council Agenda April 2026
City of Torrance City Council Agenda April 2026
City of Torrance City Council Agenda April 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.