SEPTA Renews Property Insurance With Factory Mutual
Southeastern Pennsylvania Transportation AuthorityPublic Authority · Philadelphia, PA- Disclosed value
- $2,845,054 renewal premium after membership and resilience credits; combined program cost not to exceed $3,427,325
- From agendapacket
- Document date
- Sep 16, 2026
- Term
- 13 months commencing October 1, 2026
- Renews
- Free account
The 30-second brief
SEPTA authorized renewal property insurance with Factory Mutual Insurance Company for $750 million of coverage. The 13-month 2026–2027 insurance program is part of a combined program not to exceed $3,427,325.
Factory Mutual Insurance Company holds this insurance contract with Southeastern Pennsylvania Transportation Authority. Its other public contracts on record include work for City of San Jose.
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Contract details
- Contract type
- Insurance
- Amount
- $2,845,054 renewal premium after membership and resilience credits; combined program cost not to exceed $3,427,325
- Document date
- September 16, 2026
- Term
- 13 months commencing October 1, 2026
- Renews
- On record
- Source document
- Southeastern Pennsylvania Transportation Authority AgendaPacket Regular Meeting September 24, 2026 (AgendaPacket)
Factory Mutual Insurance Company's other public contracts
More Southeastern Pennsylvania Transportation Authority contracts
Questions about this contract
Who was awarded the insurance contract by Southeastern Pennsylvania Transportation Authority?
Factory Mutual Insurance Company was awarded this insurance contract by Southeastern Pennsylvania Transportation Authority, as recorded on September 16, 2026. The contract value is $2,845,054 renewal premium after membership and resilience credits; combined program cost not to exceed $3,427,325.
How much is the Factory Mutual Insurance Company contract with Southeastern Pennsylvania Transportation Authority worth?
The Factory Mutual Insurance Company contract with Southeastern Pennsylvania Transportation Authority is valued at $2,845,054 renewal premium after membership and resilience credits; combined program cost not to exceed $3,427,325, covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Southeastern Pennsylvania Transportation Authority AgendaPacket Regular Meeting September 24, 2026 (AgendaPacket), dated September 16, 2026 from Southeastern Pennsylvania Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Factory Mutual Insurance Company hold?
Factory Mutual 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 Southeastern Pennsylvania Transportation Authority currently buying?
Explore Southeastern Pennsylvania Transportation Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
