CONTRACTAPPROVED

City of San Jose Awards Insurance Contract to Axis Surplus Insurance Company (November 2025)

City of San Jose logoCity of San Jose
Disclosed value
Share of $15 million Excess Flood Insurance; overall insurance cost not-to-exceed $698,176 plus 18% contingency
From minutes
Approved
Nov 13, 2025
Term
October 1, 2025 – October 1, 2026

The 30-second brief

What it covers

San José City Council authorized Axis Surplus Insurance Company to provide a 50/50 share of $15 million in excess flood insurance for the Regional Wastewater Facility for 2025–2026. The flood coverage is part of an insurance package with total cost limited to $698,176 plus contingency.

Who holds it

Axis Surplus Insurance Company holds this insurance contract with City of San Jose. Its other public contracts on record include work for Seward Public Schools and City of Seward.

What happens next

Term as filed: October 1, 2025 – October 1, 2026.

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Contract details

Contract type
Insurance
Amount
Share of $15 million Excess Flood Insurance; overall insurance cost not-to-exceed $698,176 plus 18% contingency
Document date
November 13, 2025
Term
October 1, 2025 – October 1, 2026
Source document
San Jose/Santa Clara Treatment Plant Advisory Committee Minutes November 2025 (Minutes)

Axis Surplus Insurance Company's other public contracts

More City of San Jose contracts

Questions about this contract

Who was awarded the insurance contract by City of San Jose?

Axis Surplus Insurance Company was awarded this insurance contract by City of San Jose, as recorded on November 13, 2025. The contract value is Share of $15 million Excess Flood Insurance; overall insurance cost not-to-exceed $698,176 plus 18% contingency.

How much is the Axis Surplus Insurance Company contract with City of San Jose worth?

The Axis Surplus Insurance Company contract with City of San Jose is valued at Share of $15 million Excess Flood Insurance; overall insurance cost not-to-exceed $698,176 plus 18% contingency, 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 San Jose/Santa Clara Treatment Plant Advisory Committee Minutes November 2025 (Minutes), dated November 13, 2025 from City of San Jose. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Axis Surplus Insurance Company hold?

Axis Surplus Insurance Company 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 San Jose currently buying?

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

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