County Considers ICRMT-SRM Insurance Renewal
City of NewtonCity · Newton, IL- Disclosed value
- 2027 premiums: $300,097 for risk/package coverage and $102,656 for workers’ compensation; combined premium $402,753. Optional enhancements: $13,072 wind/hail deductible buyback and $22,115 for increased excess liability coverage.
- From agendapacket
- Document date
- Oct 15, 2026
- Term
- 2027 insurance renewal
The 30-second brief
Jasper County will consider the 2027 ICRMT/SRM insurance renewal covering county risk and workers’ compensation exposures. The proposed combined base premium is $402,753, before any optional coverage enhancements.
SRM holds this insurance contract with City of Newton. Its other public contracts on record include work for City of Panama and City of Tupelo.
Term as filed: 2027 insurance renewal.
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Contract details
- Contract type
- Insurance
- Amount
- 2027 premiums: $300,097 for risk/package coverage and $102,656 for workers’ compensation; combined premium $402,753. Optional enhancements: $13,072 wind/hail deductible buyback and $22,115 for increased excess liability coverage.
- Document date
- October 15, 2026
- Term
- 2027 insurance renewal
- Vendor
- SRM
- Agency
- City of Newton
- Source document
- Jasper County AgendaPacket Board Meeting Packet October 15, 2026 (AgendaPacket)
SRM's other public contracts
More City of Newton contracts
Questions about this contract
Who was awarded the insurance contract by City of Newton?
SRM was awarded this insurance contract by City of Newton, as recorded on October 15, 2026. The contract value is 2027 premiums: $300,097 for risk/package coverage and $102,656 for workers’ compensation; combined premium $402,753. Optional enhancements: $13,072 wind/hail deductible buyback and $22,115 for increased excess liability coverage..
How much is the SRM contract with City of Newton worth?
The SRM contract with City of Newton is valued at 2027 premiums: $300,097 for risk/package coverage and $102,656 for workers’ compensation; combined premium $402,753. Optional enhancements: $13,072 wind/hail deductible buyback and $22,115 for increased excess liability coverage., covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Jasper County AgendaPacket Board Meeting Packet October 15, 2026 (AgendaPacket), dated October 15, 2026 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does SRM hold?
SRM 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 Newton currently buying?
Explore City of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.