WSTIP Recommends Captive Partnership With Ohio Pool
Washington State Transit Insurance PoolPublic Authority · Olympia, WA- Disclosed value
- WSTIP share of joint capitalization: $1.5 million of $3 million
- From minutes
- Document date
- May 28, 2026
- Renews
- Free account
The 30-second brief
The Executive Committee recommended pursuing a captive insurance partnership with the Ohio Transit Risk Pool. The proposed structure would target coverage effective January 1, 2028, with WSTIP considering a $1.5 million share of $3 million in joint capitalization.
Ohio Transit Risk Pool (Otrp) holds this contract with Washington State Transit Insurance Pool. Its other public contracts on record include work for Portage Area Regional Transit Authority and City of Kent.
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Contract details
- Amount
- WSTIP share of joint capitalization: $1.5 million of $3 million
- Document date
- May 28, 2026
- Term
- Target captive implementation effective January 1, 2028
- Renews
- Free account
- Source document
- Washington State Transit Insurance Pool Minutes Executive Committee Meeting 2026-05-28 (Minutes)
Ohio Transit Risk Pool (Otrp)'s other public contracts
More Washington State Transit Insurance Pool contracts
Questions about this contract
Who was awarded the government contract by Washington State Transit Insurance Pool?
Ohio Transit Risk Pool (Otrp) was awarded this government contract by Washington State Transit Insurance Pool, as recorded on May 28, 2026. The contract value is WSTIP share of joint capitalization: $1.5 million of $3 million.
How much is the Ohio Transit Risk Pool (Otrp) contract with Washington State Transit Insurance Pool worth?
The Ohio Transit Risk Pool (Otrp) contract with Washington State Transit Insurance Pool is valued at WSTIP share of joint capitalization: $1.5 million of $3 million.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Washington State Transit Insurance Pool Minutes Executive Committee Meeting 2026-05-28 (Minutes), dated May 28, 2026 from Washington State Transit Insurance Pool. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ohio Transit Risk Pool (Otrp) hold?
Ohio Transit Risk Pool (Otrp) 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 Washington State Transit Insurance Pool currently buying?
Explore Washington State Transit Insurance Pool's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.