CONTRACTRECOMMENDED

Newport Recommends Principal Dental Vision Life Coverage

City of Newport
Disclosed value
$151,537.56 annually for dental coverage; voluntary vision and life coverage are employee-paid
From staffreport
Document date
Oct 23, 2026
Renews
Free account

The 30-second brief

What it covers

Newport staff recommended placing employee dental, voluntary vision, and voluntary life coverage with Principal beginning January 1, 2027. The dental plan is estimated at $151,537.56 annually, while employees pay the voluntary vision and life premiums.

Who holds it

PRINCIPAL holds this insurance contract with City of Newport. Its other public contracts on record include work for Ascension Parish and Olivette Salaried Employees' Retirement Plan.

What happens next

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Contract details

Contract type
Insurance
Amount
$151,537.56 annually for dental coverage; voluntary vision and life coverage are employee-paid
Document date
October 23, 2026
Term
Effective January 1, 2027; dental coverage has a one-year rate guarantee; voluntary life has a two-year rate guarantee
Renews
On record
Vendor
PRINCIPAL
Source document
City of Newport Staff Report Staff Report – October 27, 2026 Special Meeting of the Board of Commissioners 2026-10-23 (StaffReport)

PRINCIPAL's other public contracts

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Questions about this contract

Who was awarded the insurance contract by City of Newport?

PRINCIPAL was awarded this insurance contract by City of Newport, as recorded on October 23, 2026. The contract value is $151,537.56 annually for dental coverage; voluntary vision and life coverage are employee-paid.

How much is the PRINCIPAL contract with City of Newport worth?

The PRINCIPAL contract with City of Newport is valued at $151,537.56 annually for dental coverage; voluntary vision and life coverage are employee-paid, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Newport Staff Report Staff Report – October 27, 2026 Special Meeting of the Board of Commissioners 2026-10-23 (StaffReport), dated October 23, 2026 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PRINCIPAL hold?

PRINCIPAL 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 Newport currently buying?

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

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