CONTRACTRECOMMENDED

Burlington Electric Insurance Renewal Includes AIG Coverage

Burlington Electric Department
Disclosed value
not to exceed premium of $741,500
From agenda
Document date
Nov 9, 2026
Term
11/20/2026 through 11/20/2027
Renews
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The 30-second brief

What it covers

Burlington Electric Department recommends renewing its Property, Boiler & Machinery insurance coverage with AIG for the 2026-2027 policy period. The renewal carries a premium not to exceed $741,500 and remains subject to City Attorney and Board of Finance approval.

Who holds it

AIG holds this insurance contract with Burlington Electric Department. Its other public contracts on record include work for City of San Bernardino Municipal Water Department and Nashville Electric Service.

What happens next

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Contract details

Contract type
Insurance
Amount
not to exceed premium of $741,500
Document date
November 9, 2026
Term
11/20/2026 through 11/20/2027
Renews
On record
Vendor
AIG
Source document
City of Burlington City Council Agenda 2026-11-09 (Agenda)

AIG's other public contracts

More Burlington Electric Department contracts

Questions about this contract

Who was awarded the insurance contract by Burlington Electric Department?

AIG was awarded this insurance contract by Burlington Electric Department, as recorded on November 9, 2026. The contract value is not to exceed premium of $741,500.

How much is the AIG contract with Burlington Electric Department worth?

The AIG contract with Burlington Electric Department is valued at not to exceed premium of $741,500, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Burlington City Council Agenda 2026-11-09 (Agenda), dated November 9, 2026 from Burlington Electric Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does AIG hold?

AIG may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Burlington Electric Department currently buying?

Explore Burlington Electric Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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