Council ratifies extension of MLGW property and boiler insurance

Scope & details

The full contract record, as filed.

Contract amount

Not-to-exceed $3,122,783.00

Contract type

INSURANCE

Contract term

June 1, 2026 through May 31, 2027

Renewal date

2027-05-31

Renewal

One-year ratification, extension, and funding increase for June 1, 2026–May 31, 2027 with a 2.1% premium increase; new cumulative contract value $19,647,222.00.

Document type

AgendaPacket

Source document

Memphis City Council AgendaPacket 2026-06-09

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City of Memphis Minutes Meeting of the City Council 2026-06-09

RATIFIED

City of Memphis, Tennessee$3,122,783.00Jun 9, 2026

Memphis City Council Agenda 2026-06-09

AMENDED

City of Memphis, TennesseeNot-to-exceed $3,122,783.00Jun 9, 2026

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Niagara Frontier Transportation Authority, New York$885,675.00Apr 23, 2026

City of Greensboro City Council Meeting Agenda April 7, 2026

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City of Greensboro, North Carolina$799,743 (including $709,743 insurance claim and $90,000 deductible transfer)Apr 4, 2026

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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 Memphis?

Fm Global was awarded this insurance contract by City of Memphis, as recorded on June 9, 2026. The contract value is Not-to-exceed $3,122,783.00.

How much is the Fm Global contract with City of Memphis worth?

The Fm Global contract with City of Memphis is valued at Not-to-exceed $3,122,783.00, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Memphis City Council AgendaPacket 2026-06-09 (AgendaPacket), dated June 9, 2026 from City of Memphis. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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