city_commission_meeting_agenda_september_23_2025.pdf
Planned FY26 Insurance Renewal with PGIT
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Description
Prior to the September 23, 2025 meeting, Panama City placed on its agenda a proposed FY26 insurance renewal with Preferred Governmental Insurance Trust valued at up to $3,340,551. The item seeks Commission approval to bind coverage for the upcoming fiscal year.
Contract Details
Contract Amount
Not to exceed $3,340,551
Vendor
PREFERRED GOVERNMENTAL INSURANCE TRUST (PGIT)
Agency
City of Panama, FL
Contract Type
INSURANCE
Document Date
September 23, 2025
Contract Term
Fiscal Year 2026
Renewal Date
2026-09-30
Renewal Info
Agenda describes a renewal proposal for FY26; subsequent renewals would be subject to future Commission approval.
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