New Jersey Turnpike Authority Awards $558,706 Financial Services Contract to Xl Specialty Insurance Company (May 2026)
New Jersey Turnpike AuthorityMPO · Woodbridge, NJ- Disclosed value
- $558,706.00
- From agendapacket
- Approved
- May 19, 2026
The 30-second brief
The New Jersey Turnpike Authority will accept a $558,706 settlement from XL Specialty Insurance Company to resolve claims under a performance bond issued for Rapid Armored Corporation’s armored car services. The settlement provides immediate recovery for service disruption and includes XL’s agreement to indemnify and defend the Authority against related claims by Rapid.
Xl Specialty Insurance Company holds this financial services contract with New Jersey Turnpike Authority. Its other public contracts on record include work for Bay Laurel Center CDD and City of Lincoln.
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Contract details
- Contract type
- Financial Services
- Amount
- $558,706.00
- Document date
- May 19, 2026
- Source document
- New Jersey Turnpike Authority Agenda Packet 2026-05-19 (AgendaPacket)
Xl Specialty Insurance Company's other public contracts
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Questions about this contract
Who was awarded the financial services contract by New Jersey Turnpike Authority?
Xl Specialty Insurance Company was awarded this financial services contract by New Jersey Turnpike Authority, as recorded on May 19, 2026. The contract value is $558,706.00.
How much is the Xl Specialty Insurance Company contract with New Jersey Turnpike Authority worth?
The Xl Specialty Insurance Company contract with New Jersey Turnpike Authority is valued at $558,706.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in New Jersey Turnpike Authority Agenda Packet 2026-05-19 (AgendaPacket), dated May 19, 2026 from New Jersey Turnpike Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Xl Specialty Insurance Company hold?
Xl Specialty Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Jersey Turnpike Authority currently buying?
Explore New Jersey Turnpike Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.