Austin Recommends Workers Compensation Administration Contract
- Disclosed value
- Initial term $4,210,000; Optional Extension 1 $2,210,000; Optional Extension 2 $2,300,000; Optional Extension 3 $2,360,000; total not to exceed $11,080,000
- From staffreport
- Document date
- Oct 5, 2026
- Renews
- Free account
The 30-second brief
Austin staff recommended authorizing Tristar Risk Management for workers compensation third-party administration and related services. The proposed contract would cover an initial two-year term valued at $4.21 million, with three one-year extensions and a maximum five-year value of $11.08 million.
Tristar Risk Management holds this professional services contract with City of Austin city. Its other public contracts on record include work for City of Fremont and City of Santee.
The renewal date is on record. A free account shows it, with the renewals for every City of Austin city contract.
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Contract details
- Contract type
- Professional Services
- Amount
- Initial term $4,210,000; Optional Extension 1 $2,210,000; Optional Extension 2 $2,300,000; Optional Extension 3 $2,360,000; total not to exceed $11,080,000
- Document date
- October 5, 2026
- Term
- Initial term of 2 years, with up to three 1-year extension options; anticipated term January 1, 2027 through December 31, 2031
- Renews
- Free account
- Vendor
- Tristar Risk Management
- Agency
- City of Austin city
- Source document
- City of Austin StaffReport Recommendation for Workers Compensation Third Party Administration Contract 2026-10-08 (StaffReport)
Tristar Risk Management's other public contracts
More City of Austin city contracts
Questions about this contract
Who was awarded the professional services contract by City of Austin city?
Tristar Risk Management was awarded this professional services contract by City of Austin city, as recorded on October 5, 2026. The contract value is Initial term $4,210,000; Optional Extension 1 $2,210,000; Optional Extension 2 $2,300,000; Optional Extension 3 $2,360,000; total not to exceed $11,080,000.
How much is the Tristar Risk Management contract with City of Austin city worth?
The Tristar Risk Management contract with City of Austin city is valued at Initial term $4,210,000; Optional Extension 1 $2,210,000; Optional Extension 2 $2,300,000; Optional Extension 3 $2,360,000; total not to exceed $11,080,000, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of Austin StaffReport Recommendation for Workers Compensation Third Party Administration Contract 2026-10-08 (StaffReport), dated October 5, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Tristar Risk Management hold?
Tristar Risk Management 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 City of Austin city currently buying?
Explore City of Austin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.