INSURANCEPENDING

OMAG Workers’ Compensation Plan Renewal Sought for FY27

City staff requested approval of the FY27 OMAG Workers’ Compensation Plan renewal for the City of Sand Springs and the Sand Springs Municipal Authority, effective July 1, 2026 to July 1, 2027, with a total premium of $498,976. The renewal reflects a 3 percent premium decrease from the prior year.

Status
PENDING
Document date
June 22, 2026
Contract type
INSURANCE
Vendor
Oklahoma Municipal Assurance Group Omag
Agency
City of Sand Springs · OK

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Total premium $498,976.00 (Net Premium $437,698.00 + OMAG Admin. Fee $61,278.00)
Contract type
INSURANCE
Contract term
From 7/1/2026 To 7/1/2027
Renewal date
2027-07-01
Renewal
Renewal of OMAG Workers’ Compensation Aggregate Deductible Plan for 7/1/2026–7/1/2027, including escrow options and unchanged statutory coverage terms.
Document type
AgendaPacket
Source document
Sand Springs City Council Agenda Packet 2026-06-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Sand Springs?

Oklahoma Municipal Assurance Group Omag was awarded this insurance contract by City of Sand Springs, as recorded on June 22, 2026. The contract value is Total premium $498,976.00 (Net Premium $437,698.00 + OMAG Admin. Fee $61,278.00).

How much is the Oklahoma Municipal Assurance Group Omag contract with City of Sand Springs worth?

The Oklahoma Municipal Assurance Group Omag contract with City of Sand Springs is valued at Total premium $498,976.00 (Net Premium $437,698.00 + OMAG Admin. Fee $61,278.00), 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 Sand Springs City Council Agenda Packet 2026-06-22 (AgendaPacket), dated June 22, 2026 from City of Sand Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Oklahoma Municipal Assurance Group Omag hold?

Oklahoma Municipal Assurance Group Omag may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Oklahoma Municipal Assurance Group Omag's profile

What is City of Sand Springs currently buying?

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

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