Workers' Compensation Insurance Renewal Approved
Trusted by teams at
Description
Richfield Public Schools is renewing its workers' compensation insurance with SFM Insurance for 2025-2026, projecting a total cost of $465,131. This reflects a decrease of $12,156 (2.55%) from the previous year. The cost includes projected payroll increases, a 3.8% decrease in the experience modification rate (to 1.25), changes in premium rates, and an increased scheduled credit.
Contract Details
Contract Amount
$465,131
Vendor
SFM INSURANCE
Agency
Richfield Public School District, MN
Contract Type
Insurance Renewal
Document Date
August 18, 2025
Contract Term
2025-2026
More from SFM INSURANCE
More from Richfield Public School District
Independent School District No. 280 Agenda 2026-06-01
Independent School District No. 280 Agenda 2026-06-01
Independent School District No. 280 Agenda 2026-06-01
Independent School District No. 280 Agenda 2026-06-01
Independent School District No. 280 Agenda 2026-06-01
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.