Mustang Schools Weigh $125K Insurance Services Contract
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Description
Mustang Public Schools is considering approval of an annual insurance consulting and brokerage services agreement with Bancfirst Insurance Services for School Year 2025-2026 at a fixed fee of $125,000. The contract covers risk management, insurance program design, and ongoing advisory services from July 1, 2025 through June 30, 2026.
Contract Details
Contract Amount
$125,000
Vendor
BANCFIRST INSURANCE SERVICES
Agency
Mustang Public Schools, OK
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 2, 2025
Contract Term
School Year 2025-2026; July 1, 2025 to June 30, 2026
Renewal Date
2026-06-30
Renewal Info
Initial fixed-fee term runs from July 1, 2025 to June 30, 2026. Agreement may be terminated by either party for breach with 30 days written notice, or with or without cause on 60 days written notice after the initial term, and may be extended by mutual written agreement.
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