City of Springfield Regular Meeting Minutes April 2026
City Approves $850K Ohio Plan Insurance Coverage
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Description
Springfield approved emergency participation in Ohio Plan Risk Management Inc. for April 1, 2026 through March 31, 2027, with premiums capped at $850,000.00. The policy provides comprehensive liability and property coverage for the City's operations and confirms related expenditures already incurred.
Contract Details
Contract Amount
Not to exceed $850,000.00
Vendor
OHIO PLAN RISK MANAGEMENT INC
Agency
Town of Springfield, OH
Contract Type
INSURANCE
Document Date
April 21, 2026
Contract Term
April 1, 2026 through March 31, 2027
Renewal Date
2027-03-31
Renewal Info
Annual insurance participation for April 1, 2026–March 31, 2027, with premiums capped to allow for additional equipment during the policy period.
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