CONTRACTRENEWED

SEPTA Renews Bridge Insurance With Lexington

Southeastern Pennsylvania Transportation Authority logoSoutheastern Pennsylvania Transportation Authority
Disclosed value
$536,250 renewal premium; included in total program cost not to exceed $3,427,325
From agenda
Document date
Sep 23, 2026
Term
13 months commencing October 1, 2026
Renews
Free account

The 30-second brief

What it covers

SEPTA authorized Lexington Insurance Company to renew $25 million in bridge insurance for a 13-month term beginning October 1, 2026. The $536,250 premium is included in the total insurance program cost not to exceed $3,427,325.

Who holds it

Lexington Insurance Company holds this insurance contract with Southeastern Pennsylvania Transportation Authority. Its other public contracts on record include work for Capital District Transportation Authority and Borough of Oceanport.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Southeastern Pennsylvania Transportation Authority contract.

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Contract details

Contract type
Insurance
Amount
$536,250 renewal premium; included in total program cost not to exceed $3,427,325
Document date
September 23, 2026
Term
13 months commencing October 1, 2026
Renews
Free account
Source document
Southeastern Pennsylvania Transportation Authority Agenda Regular Meeting September 24, 2026 (Agenda)

Lexington 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?

Lexington Insurance Company was awarded this insurance contract by Southeastern Pennsylvania Transportation Authority, as recorded on September 23, 2026. The contract value is $536,250 renewal premium; included in total 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 total 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 agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Southeastern Pennsylvania Transportation Authority Agenda Regular Meeting September 24, 2026 (Agenda), dated September 23, 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 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.

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.

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