City of San Jose Awards Insurance Contract to Factory Mutual Insurance Company (September 2026)
City of San JoseCity · San Jose, CA- Disclosed value
- not-to-exceed $3,851,011, plus an 18% contingency for additional property or assets scheduled
- From agenda
- Approved
- Sep 14, 2026
- Term
- October 1, 2026, to October 1, 2027
- Renews
- Free account
The 30-second brief
The City approved purchasing property insurance from Factory Mutual Insurance Company for October 1, 2026 to October 1, 2027. The policy is part of a citywide insurance renewal package with a not-to-exceed total of $3,851,011, plus an 18% contingency.
Factory Mutual Insurance Company holds this insurance contract with City of San Jose. Its other public contracts on record include work for Southeastern Pennsylvania Transportation Authority.
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Contract details
- Contract type
- Insurance
- Amount
- not-to-exceed $3,851,011, plus an 18% contingency for additional property or assets scheduled
- Document date
- September 14, 2026
- Term
- October 1, 2026, to October 1, 2027
- Renews
- On record
- Agency
- City of San Jose
- Source document
- City of San Jose Agenda City Council Meeting September 22, 2026 (Agenda)
Factory Mutual 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?
Factory Mutual Insurance Company was awarded this insurance contract by City of San Jose, as recorded on September 14, 2026. The contract value is not-to-exceed $3,851,011, plus an 18% contingency for additional property or assets scheduled.
How much is the Factory Mutual Insurance Company contract with City of San Jose worth?
The Factory Mutual Insurance Company contract with City of San Jose is valued at not-to-exceed $3,851,011, plus an 18% contingency for additional property or assets scheduled, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in City of San Jose Agenda City Council Meeting September 22, 2026 (Agenda), dated September 14, 2026 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 Factory Mutual Insurance Company hold?
Factory Mutual 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.
