town_of_hundred_regular_council_meeting_minutes_no.md
Insurance Premium Increased with Bill Bailey
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Description
The Town of Hundred noted an increase in their insurance premium with Bill Bailey, now paying $4865 per quarter, with the first quarterly payment at $4967 due to an administration fee. Annual insurance costs are now estimated at $20,000.
Contract Details
Contract Amount
$4865.00 per quarter (first quarter $4967.00 due to admin fee; total annual approximately $20,000)
Vendor
BILL BAILEY
Agency
Town of Hundred, WV
Contract Type
INSURANCE
Document Date
November 19, 2024
Contract Term
Annual premium (quoted quarterly payments)
Renewal Date
2025-11-18
Renewal Info
Insurance is paid quarterly; current premium amount applies for the policy term. Annual total estimated at $20,000. No specific renewal clause mentioned.
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