Board approves insurance contracts for construction projects

Aug 17, 2026

The board approved a builder's risk insurance proposal and an owner-controlled insurance program for upcoming capital projects; both were charged to the capital projects fund and approved by roll-call votes.

The full story

The board approved two insurance recommendations tied to capital projects. Administration recommended a builder’s risk insurance proposal presented by Alliant Insurance Services through "Chub Insurance Company" for $68,697 and an owner-controlled insurance program (OCIP) through Alliant for $632,717; both expenditures were charged to the capital projects fund and included in the FY2026–27 and FY2027–28 budgets. Motions to approve both items were made, seconded, and passed on roll-call votes.

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