NYC-Tobacco Settlement Asset Securitization Corporation Awards Financial Services Contract to Usi Insurance Services Llc (September 2024)

Scope & details

The full contract record, as filed.

Contract amount

Annual premium not to exceed $400,000 for $50,000,000 of coverage (broker-compensated within premium)

Contract type

FINANCIAL_SERVICES

Contract term

June 25, 2024 – June 24, 2025 (for the placed D&O program)

Renewal date

2025-06-24

Renewal

Broker engagement is tied to the June 25, 2024–June 24, 2025 D&O placement; any ongoing or renewed brokerage services would require future Board authorization or separate action consistent with procurement guidelines.

Document type

AgendaPacket

Source document

TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NYC-Tobacco Settlement Asset Securitization Corporation?

Usi Insurance Services Llc was awarded this financial services contract by NYC-Tobacco Settlement Asset Securitization Corporation, as recorded on September 26, 2024. The contract value is Annual premium not to exceed $400,000 for $50,000,000 of coverage (broker-compensated within premium).

How much is the Usi Insurance Services Llc contract with NYC-Tobacco Settlement Asset Securitization Corporation worth?

The Usi Insurance Services Llc contract with NYC-Tobacco Settlement Asset Securitization Corporation is valued at Annual premium not to exceed $400,000 for $50,000,000 of coverage (broker-compensated within premium), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in TSASC, Inc. AgendaPacket Meeting of the Members, Audit Committee, Governance Committee, and Board of Directors 2024-09-26 (AgendaPacket), dated September 26, 2024 from NYC-Tobacco Settlement Asset Securitization Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Usi Insurance Services Llc hold?

Usi Insurance Services Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Usi Insurance Services Llc's profile

What is NYC-Tobacco Settlement Asset Securitization Corporation currently buying?

Explore NYC-Tobacco Settlement Asset Securitization Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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