INSURANCERENEWED

SEPTA Renews Bridge Insurance With Lexington

SEPTA authorized renewal bridge insurance with Lexington Insurance Company for $25 million of coverage. The 13-month renewal premium is $536,250 within the combined program cap.

Document date · September 16, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$536,250 renewal premium; included in combined program cost not to exceed $3,427,325
Contract type
INSURANCE
Contract term
13 months commencing October 1, 2026
Renewal date
2027-10-31
Renewal
Renewal of existing bridge property insurance expiring October 1, 2026.
Document type
AgendaPacket
Source document
Southeastern Pennsylvania Transportation Authority AgendaPacket Regular Meeting September 24, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Southeastern Pennsylvania Transportation Authority?

Lexington Insurance Company was awarded this insurance contract by Southeastern Pennsylvania Transportation Authority, as recorded on September 16, 2026. The contract value is $536,250 renewal premium; included in combined program cost not to exceed $3,427,325.

How much is the Lexington Insurance Company contract with Southeastern Pennsylvania Transportation Authority worth?

The Lexington Insurance Company contract with Southeastern Pennsylvania Transportation Authority is valued at $536,250 renewal premium; included in 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.

What other contracts does Lexington Insurance Company hold?

Lexington 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.

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