City Must Carry Flood Insurance on Community Center
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Description
The City of McCammon is required to purchase and maintain flood insurance under the National Flood Insurance Program for the entirety of the Community Center renovation. Coverage must equal the full project cost of $244,912.00 for the building's economic life.
Contract Details
Contract Amount
$244,912.00 (estimated total project cost; insurance required for full amount)
Vendor
NATIONAL FLOOD INSURANCE PROGRAM
Agency
City of McCammon, ID
Contract Type
INSURANCE
Document Date
May 16, 2025
Contract Term
economic life of the project
Renewal Info
Insurance must be renewed and maintained for the entirety of the building's economic life; renewal terms governed by FEMA/NFIP requirements.
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