CONTRACTONGOING

Butner Adjusts Budget for Insurance Premium Increase

Town of Butner
Disclosed value
$186,102.23 (budget amendment of $16,102.23 to cover shortfall)
From agenda
Document date
Sep 3, 2026
Renews
Free account

The 30-second brief

What it covers

The Town of Butner continues its property and casualty insurance coverage through the Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities, with a FY 2026-2027 premium of $186,102.23. Council is asked to approve Budget Amendment 005-2027 to add $16,102.23 from the General Fund to fully fund the increased insurance premium.

Who holds it

Risk Management Services (Rms) Property and Casualty Trust with the North Carolina League of Municipalities holds this insurance contract with Town of Butner.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Butner contract.

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Contract details

Contract type
Insurance
Amount
$186,102.23 (budget amendment of $16,102.23 to cover shortfall)
Document date
September 3, 2026
Term
Fiscal Year 2026-2027; current renewal period
Renews
Free account
Vendor
Risk Management Services (Rms) Property and Casualty Trust with the North Carolina League of Municipalities
Source document
Butner Town Council Agenda 2026-09-03 (Agenda)

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Questions about this contract

Who was awarded the insurance contract by Town of Butner?

Risk Management Services (Rms) Property and Casualty Trust with the North Carolina League of Municipalities was awarded this insurance contract by Town of Butner, as recorded on September 3, 2026. The contract value is $186,102.23 (budget amendment of $16,102.23 to cover shortfall).

How much is the Risk Management Services (Rms) Property and Casualty Trust with the North Carolina League of Municipalities contract with Town of Butner worth?

The Risk Management Services (Rms) Property and Casualty Trust with the North Carolina League of Municipalities contract with Town of Butner is valued at $186,102.23 (budget amendment of $16,102.23 to cover shortfall), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Butner Town Council Agenda 2026-09-03 (Agenda), dated September 3, 2026 from Town of Butner. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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