INSURANCERECOMMENDED

RPS Adapt to Participate in Layered Property Program

Palisades Charter High School proposes engaging RPS Adapt across several layered property insurance placements, including portions of the $100M, $50M, $25M, and $10M all‑risk layers. These participations support the recommended interim $50 million property insurance structure for FY 2026–27.

Status
RECOMMENDED
Document date
July 1, 2026
Contract type
INSURANCE
Vendor
Rps Adapt
Agency
Palisades Charter High District · CA

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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$40,000 share premium; $200,000 layer premium at 20% participation (100M layer). Additional share premiums: $30,000 (50M layer, 20% participation), $28,572 (25M layer, 20% participation), $58,000 (10M layer, 20% participation); total property-related premiums approximately $156,572 plus $4,834 boiler layer premium via Munich Re and fees/taxes.
Contract type
INSURANCE
Contract term
FY 2026–27 (implied annual property policy period)
Renewal date
2027-06-30
Renewal
Part of the recommended layered commercial property and boiler insurance program for FY 2026–27; expected to be reviewed annually and adjusted after finalization of the School Occupancy Agreement and Business Interruption/Extra Expense quotations.
Document type
Report
Source document
Palisades Charter High School Executive Summary Insurance Policy, Coverages, and Premiums FY 2026–27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Palisades Charter High District?

Rps Adapt was awarded this insurance contract by Palisades Charter High District, as recorded on July 1, 2026. The contract value is $40,000 share premium; $200,000 layer premium at 20% participation (100M layer). Additional share premiums: $30,000 (50M layer, 20% participation), $28,572 (25M layer, 20% participation), $58,000 (10M layer, 20% participation); total property-related premiums approximately $156,572 plus $4,834 boiler layer premium via Munich Re and fees/taxes..

How much is the Rps Adapt contract with Palisades Charter High District worth?

The Rps Adapt contract with Palisades Charter High District is valued at $40,000 share premium; $200,000 layer premium at 20% participation (100M layer). Additional share premiums: $30,000 (50M layer, 20% participation), $28,572 (25M layer, 20% participation), $58,000 (10M layer, 20% participation); total property-related premiums approximately $156,572 plus $4,834 boiler layer premium via Munich Re and fees/taxes., covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a report record.

Where was this contract approved?

This contract appears in Palisades Charter High School Executive Summary Insurance Policy, Coverages, and Premiums FY 2026–27 (Report), dated July 1, 2026 from Palisades Charter High District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rps Adapt hold?

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

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What is Palisades Charter High District currently buying?

Explore Palisades Charter High District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Palisades Charter High District's profile

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