Commission declines Brown & Brown/PGIT renewal offer

Although Brown & Brown/PGIT offered to renew Springfield’s property and casualty coverage at $521,051.00 with a two-year rate lock, the Commission opted to move coverage to Public Risk Management. Brown & Brown/PGIT remains the provider only through the FY25-26 term.

Document date · August 17, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$762,457.00 for FY25-26; countered $521,051.00 with 2-year rate lock

Contract type

INSURANCE

Contract term

FY25-26 (existing); proposed 2-year rate lock on counteroffer

Renewal

Current FY25-26 policy remains in force through its existing term; proposed renewal with two-year rate lock was not accepted.

Document type

Minutes

Source document

Springfield Minutes Special Called Commission Meeting 2026-08-17

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by City of Springfield?

Brown & Brown/pgit was awarded this insurance contract by City of Springfield, as recorded on August 17, 2026. The contract value is $762,457.00 for FY25-26; countered $521,051.00 with 2-year rate lock.

How much is the Brown & Brown/pgit contract with City of Springfield worth?

The Brown & Brown/pgit contract with City of Springfield is valued at $762,457.00 for FY25-26; countered $521,051.00 with 2-year rate lock, 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 Springfield Minutes Special Called Commission Meeting 2026-08-17 (Minutes), dated August 17, 2026 from City of Springfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brown & Brown/pgit hold?

Brown & Brown/pgit 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 Brown & Brown/pgit's profile

What is City of Springfield currently buying?

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

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