Leipsic Board of Education Agenda Regular Meeting 2026-06-30
Board considers SORSA insurance in lieu of bond
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Description
Leipsic Board of Education is asked to accept insurance coverage through SORSA in lieu of a $20,000 Treasurer bond, relying on the $1 million coverage included in the annual premium. This action designates SORSA insurance as adequate fidelity protection for the Treasurer each fiscal year.
Contract Details
Vendor
SCHOOLS OF OHIO RISK SHARING AUTHORITY SORSA
Agency
Leipsic Local Schools, OH
Contract Type
INSURANCE
Document Date
June 30, 2026
Contract Term
Each fiscal year
Renewal Info
Coverage is included annually in the SORSA insurance premium, implying yearly renewal with the overall insurance program.
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