INSURANCERENEWED

Town Increases RMS Insurance Budget for FY 2027

The Town of Butner is increasing its FY 2026-2027 property and liability insurance budget to $186,102.23 to match the renewal invoice from Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities. The renewal reflects an 8.5% rate increase and higher property values, and is funded from the unassigned General Fund balance.

Document date · September 3, 2026

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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
$186,102.23 (budget increase of $16,102.23)
Contract type
INSURANCE
Contract term
Fiscal Year 2026-2027
Renewal date
2027-06-30
Renewal
Annual property and casualty insurance coverage renewed through RMS Property and Casualty Trust; current renewal premium exceeds the original budget by $16,102.23. Future renewals subject to RMS Board rate decisions and changes in insured assets.
Document type
AgendaPacket
Source document
Town of Butner AgendaPacket Meeting Agenda 2026-09-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Butner?

Risk Management Services 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 increase of $16,102.23).

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

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

What type of contract is this?

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

Where was this contract approved?

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

What other contracts does Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities hold?

Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities 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 Risk Management Services Property and Casualty Trust with the North Carolina League of Municipalities's profile

What is Town of Butner currently buying?

Explore Town of Butner's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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