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INSURANCEDISCUSSED

Ascot prior umbrella layer replaced in 2026-27

The renewal memo references Ascot’s prior $10 million excess $85 million umbrella layer for RIOC at an $87,313 premium, which was replaced by new ACE capacity in the 2026-27 umbrella structure to optimize costs.

Document date · April 9, 2026

Issuing agencyNYC-Roosevelt Island Operating CorporationVendorASCOT

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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
$87,313 (prior umbrella premium)
Contract type
INSURANCE
Contract term
April 1, 2025 – March 31, 2026 (umbrella layer)
Renewal date
2026-03-31
Renewal
Ascot’s umbrella layer was not renewed for the 2026-27 term.
Document type
Resolution
Source document
Roosevelt Island Operating Corporation Resolution Ratification of Insurance Binders for Fiscal Year 2026-27 2026-04-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by NYC-Roosevelt Island Operating Corporation?

ASCOT was awarded this insurance contract by NYC-Roosevelt Island Operating Corporation, as recorded on April 9, 2026. The contract value is $87,313 (prior umbrella premium).

How much is the ASCOT contract with NYC-Roosevelt Island Operating Corporation worth?

The ASCOT contract with NYC-Roosevelt Island Operating Corporation is valued at $87,313 (prior umbrella premium), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Roosevelt Island Operating Corporation Resolution Ratification of Insurance Binders for Fiscal Year 2026-27 2026-04-09 (Resolution), dated April 9, 2026 from NYC-Roosevelt Island Operating Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ASCOT hold?

ASCOT 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 NYC-Roosevelt Island Operating Corporation currently buying?

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