CONTRACTDISCUSSED

Trust Board Reviews State Farm Bond Coverage

Daugherty Public Library District
Disclosed value
$425.00 per year; $100,000.00 bond coverage
From minutes
Document date
Apr 2, 2025
Renews
Free account

The 30-second brief

What it covers

The Daugherty Memorial Trust board reviewed a four-year, $100,000 bond issued by State Farm that costs over $425 annually and does not fully cover current trust funds. Trustees agreed the bond must be rewritten, likely to a one-year term, following a change in treasurer.

Who holds it

State Farm holds this insurance contract with Daugherty Public Library District. Its other public contracts on record include work for Anderson County and HRA of PINE city, MINNESOTA.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Daugherty Public Library District contract.

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Contract details

Contract type
Insurance
Amount
$425.00 per year; $100,000.00 bond coverage
Document date
April 2, 2025
Term
4 years (matching the treasurer's term); discussion of changing to 1-year term
Renews
Free account
Source document
Daugherty Public Library Board Minutes 2025-04-02 (Minutes)

State Farm's other public contracts

More Daugherty Public Library District contracts

Questions about this contract

Who was awarded the insurance contract by Daugherty Public Library District?

State Farm was awarded this insurance contract by Daugherty Public Library District, as recorded on April 2, 2025. The contract value is $425.00 per year; $100,000.00 bond coverage.

How much is the State Farm contract with Daugherty Public Library District worth?

The State Farm contract with Daugherty Public Library District is valued at $425.00 per year; $100,000.00 bond coverage, 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 Daugherty Public Library Board Minutes 2025-04-02 (Minutes), dated April 2, 2025 from Daugherty Public Library District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does State Farm hold?

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

What is Daugherty Public Library District currently buying?

Explore Daugherty Public Library District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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