Town Budgets Higher PRM Insurance Premiums | Town of Lake Placid | PRM

Scope & details

The full contract record, as filed.

Contract amount

$216,286.03 (FY 2025-2026 actual) to $250,365.00 (FY 2026-2027 budgeted)

Contract type

INSURANCE

Contract term

Fiscal year 2026-2027 (budgeted property & liability coverage)

Renewal date

2027-09-30

Renewal

Ongoing annual insurance coverage with PRM; FY 2026-2027 budget reflects an approximate 10% premium increase over prior year and implies renewal subject to council approval of the budget and carrier terms.

Document type

Budget

Source document

Town of Lake Placid Budget Workshop Agenda 2026-08-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Town of Lake Placid?

PRM was awarded this insurance contract by Town of Lake Placid, as recorded on August 6, 2026. The contract value is $216,286.03 (FY 2025-2026 actual) to $250,365.00 (FY 2026-2027 budgeted).

How much is the PRM contract with Town of Lake Placid worth?

The PRM contract with Town of Lake Placid is valued at $216,286.03 (FY 2025-2026 actual) to $250,365.00 (FY 2026-2027 budgeted), covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Lake Placid Budget Workshop Agenda 2026-08-06 (Budget), dated August 6, 2026 from Town of Lake Placid. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does PRM hold?

PRM 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 Lake Placid currently buying?

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

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