Central Arkansas Transit Authority Awards Insurance Contract to Public Entity Excess Liability Carriers (see Attachment B) (June 2022)

Metro authorized its CEO to negotiate and purchase public entity excess liability insurance policies providing up to $300 million in coverage for August 1, 2022 through August 1, 2023. The annual premium is capped at $23 million.

Document date · June 23, 2022

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $23 million for 12-month period

Contract type

INSURANCE

Contract term

August 1, 2022 – August 1, 2023

Renewal date

2023-08-01

Renewal

Insurance program is for a 12-month term with coverage limits up to $300 million; future renewals will require separate Board action.

Document type

Agenda

Source document

Los Angeles County Metropolitan Transportation Authority Agenda Regular Board Meeting 2022-06-23

Related contracts

Other contracts from Public Entity Excess Liability Carriers (see Attachment B).

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Metropolitan Transportation Authority Agenda 2026-07-23

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Central Arkansas Transit Authority?

Public Entity Excess Liability Carriers (see Attachment B) was awarded this insurance contract by Central Arkansas Transit Authority, as recorded on June 23, 2022. The contract value is Not to exceed $23 million for 12-month period.

How much is the Public Entity Excess Liability Carriers (see Attachment B) contract with Central Arkansas Transit Authority worth?

The Public Entity Excess Liability Carriers (see Attachment B) contract with Central Arkansas Transit Authority is valued at Not to exceed $23 million for 12-month period, 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 Los Angeles County Metropolitan Transportation Authority Agenda Regular Board Meeting 2022-06-23 (Agenda), dated June 23, 2022 from Central Arkansas Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Public Entity Excess Liability Carriers (see Attachment B) hold?

Public Entity Excess Liability Carriers (see Attachment B) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Public Entity Excess Liability Carriers (see Attachment B)'s profile

What is Central Arkansas Transit Authority currently buying?

Explore Central Arkansas Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Central Arkansas Transit Authority's profile