INSURANCEPENDING

Selective NFIP policies proposed as flood deductible buydown

The District School Board of Pasco County is evaluating NFIP flood policies through Selective Insurance Company of the Southeast to buy down flood and storm surge deductibles for the Gulf Middle School builders risk program, with a recommended $22,459 option featuring a $1,250 deductible. The coverage would apply to the cafeteria, classroom renovations, and new building following a 30‑day waiting period.

Document date · August 29, 2025

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Premium: $22,459 (Option #1, $1,250 deductible; alternative deductibles from $5,000 to $50,000 with premiums $22,150–$19,448)
Contract type
INSURANCE
Contract term
30-day waiting period for effective date; NFIP policies to run through construction period (exact end date not stated)
Renewal
NFIP policies include a 30‑day waiting period and will insure buildings under construction per NFIP rules; renewal would depend on project schedule and continued flood exposure.
Document type
Proposal
Source document
District School Board of Pasco County Proposal Gulf Middle School Builders Risk Insurance 2025-08-29

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Fred K Marchman Technical College?

Selective Insurance Company of the Southeast was awarded this insurance contract by Fred K Marchman Technical College, as recorded on August 29, 2025. The contract value is Premium: $22,459 (Option #1, $1,250 deductible; alternative deductibles from $5,000 to $50,000 with premiums $22,150–$19,448).

How much is the Selective Insurance Company of the Southeast contract with Fred K Marchman Technical College worth?

The Selective Insurance Company of the Southeast contract with Fred K Marchman Technical College is valued at Premium: $22,459 (Option #1, $1,250 deductible; alternative deductibles from $5,000 to $50,000 with premiums $22,150–$19,448), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in District School Board of Pasco County Proposal Gulf Middle School Builders Risk Insurance 2025-08-29 (Proposal), dated August 29, 2025 from Fred K Marchman Technical College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Selective Insurance Company of the Southeast hold?

Selective Insurance Company of the Southeast 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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