INSURANCEAWARDED

City of Coral Springs Awards Insurance Contract to Florida Municipal Insurance Trust (florida League of Cities Inc) (September 2024)

Coral Springs awarded an exempt-service contract for property and casualty insurance to Florida Municipal Insurance Trust (Florida League of Cities, Inc.) for the period October 1, 2024 through September 30, 2025. The annual premium is $4,474,845 with a permitted 5% margin increase if needed.

Document date · September 12, 2024

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$4,474,845 annual premium with allowance for 5% increase
Contract type
INSURANCE
Contract term
October 1, 2024 through September 30, 2025
Renewal date
2025-09-30
Renewal
One-year insurance coverage term; future renewals or changes not specified beyond a 5% margin increase allowance.
Document type
Minutes
Source document
coral_springs_city_commission_regular_meeting_minu.pdf

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Coral Springs?

Florida Municipal Insurance Trust (florida League of Cities Inc) was awarded this insurance contract by City of Coral Springs, as recorded on September 12, 2024. The contract value is $4,474,845 annual premium with allowance for 5% increase.

How much is the Florida Municipal Insurance Trust (florida League of Cities Inc) contract with City of Coral Springs worth?

The Florida Municipal Insurance Trust (florida League of Cities Inc) contract with City of Coral Springs is valued at $4,474,845 annual premium with allowance for 5% increase, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

Where was this contract approved?

This contract appears in coral_springs_city_commission_regular_meeting_minu.pdf (Minutes), dated September 12, 2024 from City of Coral Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Florida Municipal Insurance Trust (florida League of Cities Inc) hold?

Florida Municipal Insurance Trust (florida League of Cities Inc) 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 Florida Municipal Insurance Trust (florida League of Cities Inc)'s profile

What is City of Coral Springs currently buying?

Explore City of Coral Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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