CONTRACTAPPROVED

City of Newark Awards Insurance Contract to Alamo Insurance Group Inc (August 2026)

City of Newark logoCity of Newark
Disclosed value
Not to exceed $525,000.00 (all three contracts)
From minutes
Approved
Aug 5, 2026
Renews
Free account

The 30-second brief

What it covers

The Municipal Council approved The Alamo Insurance Group Inc. as one of three health insurance brokers to manage City benefit programs, under a collective spending limit of $525,000.00 for the year beginning September 1, 2026.

Who holds it

Alamo Insurance Group Inc holds this insurance contract with City of Newark. Its other public contracts on record include work for Town of West New York.

What happens next

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Contract details

Contract type
Insurance
Amount
Not to exceed $525,000.00 (all three contracts)
Document date
August 5, 2026
Term
September 1, 2026 through August 31, 2027 with two (2) one-year options to renew
Renews
On record
Source document
City of Newark Municipal Council Meeting Minutes 2026-08-05 (Minutes)

Alamo Insurance Group Inc's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Newark?

Alamo Insurance Group Inc was awarded this insurance contract by City of Newark, as recorded on August 5, 2026. The contract value is Not to exceed $525,000.00 (all three contracts).

How much is the Alamo Insurance Group Inc contract with City of Newark worth?

The Alamo Insurance Group Inc contract with City of Newark is valued at Not to exceed $525,000.00 (all three contracts), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Newark Municipal Council Meeting Minutes 2026-08-05 (Minutes), dated August 5, 2026 from City of Newark. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alamo Insurance Group Inc hold?

Alamo Insurance Group 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.

What is City of Newark currently buying?

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

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