The School Board of Polk County Agenda 2026-06-09
Builder’s Risk Insurance Approved for New High School
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Description
The School Board of Polk County will authorize purchase of a standalone builder’s risk policy for the Northeast High School BBB project through Arthur J. Gallagher Risk Management Services, with premium not to exceed $680,000. The policy, placed with Lloyd’s and Starr Specialty, covers construction risks from June 15, 2026 through August 1, 2028.
Contract Details
Contract Amount
NTE $680,000.00
Vendor
ARTHUR J GALLAGHER RISK MANAGEMENT SERVICES
Agency
Ridge Technical College, FL
Contract Type
INSURANCE
Document Date
June 5, 2026
Contract Term
June 15, 2026 – August 1, 2028 (with up to 90-day extension option)
Renewal Date
2028-08-01
Renewal Info
Policy includes an option to extend up to 90 days at a pre-negotiated rate beyond August 1, 2028.
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