Central Florida Regional Transportation Authority Agenda Packet 2026-06-25
Standard Insurance Contract Extended for Life and Disability
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Description
LYNX plans to exercise the second option year on its group life, disability, and AD&D insurance contract with Standard Insurance Co., maintaining critical employer-paid and voluntary coverages for employees. Budgeted FY2026 costs include over $400,000 for life and long-term disability premiums.
Contract Details
Vendor
STANDARD INSURANCE CO
Agency
Central Florida Regional Transportation Authority, FL
Contract Type
INSURANCE
Document Date
June 25, 2026
Contract Term
Second option year of Contract 22-C66; initial 3-year term plus two 1-year options
Renewal Date
2027-12-31
Renewal Info
Contract 22-C66 includes a 3-year initial term with two 1-year options; this action activates the second option year.
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Special District
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