INSURANCEAPPROVED

City of Springfield Awards Insurance Contract to Public Risk Management (August 2026)

Springfield approved moving its Property and Casualty insurance coverage to Public Risk Management at an annual cost of $576,759.00 for FY26-27. The agreement includes increased coverage and a two-year rate lock for the City.

Document date · August 17, 2026

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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
$576,759.00 for FY26-27; includes 2-year rate lock
Contract type
INSURANCE
Contract term
FY26-27 with a 2-year rate lock
Renewal
Policy includes a two-year rate lock beginning in FY26-27; renewal options beyond that period not specified.
Document type
Minutes
Source document
Springfield Minutes Special Called Commission Meeting 2026-08-17

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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 Springfield?

Public Risk Management was awarded this insurance contract by City of Springfield, as recorded on August 17, 2026. The contract value is $576,759.00 for FY26-27; includes 2-year rate lock.

How much is the Public Risk Management contract with City of Springfield worth?

The Public Risk Management contract with City of Springfield is valued at $576,759.00 for FY26-27; includes 2-year rate lock, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record.

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 Public Risk Management hold?

Public Risk Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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