Floodwood Considers 2027 PEIP Health Insurance Renewal

Floodwood is considering renewal of its PEIP health insurance coverage for 2027. The renewal begins January 1, 2027, with first-year premiums projected at $56,114.88 excluding commissions and a four-year enrollment commitment.

Document date · October 12, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$56,114.88 total premium dollars for the first 12-month period, excluding commissions

Contract type

INSURANCE

Contract term

January 1, 2027 renewal; four-year enrollment commitment

Renewal date

2031-01-01

Renewal

2027 renewal; four-year enrollment commitment under the revised PEIP rules, with an early termination option for renewal increases of 20% or more.

Document type

Agenda

Source document

City of Floodwood Agenda October 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Floodwood?

PEIP was awarded this insurance contract by Town of Floodwood, as recorded on October 12, 2026. The contract value is $56,114.88 total premium dollars for the first 12-month period, excluding commissions.

How much is the PEIP contract with Town of Floodwood worth?

The PEIP contract with Town of Floodwood is valued at $56,114.88 total premium dollars for the first 12-month period, excluding commissions, 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 City of Floodwood Agenda October 13, 2026 (Agenda), dated October 12, 2026 from Town of Floodwood. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PEIP hold?

PEIP 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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What is Town of Floodwood currently buying?

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

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