$3.91M

Pays $3,905,718 for excess liability coverage and $890,000 for excess workers' comp, 2024-25

The district pays membership contributions (premiums) for fiscal year 2024-2025: $890,000 to the PRISIM joint powers authority for excess workers' compensation coverage, and $3,905,718 to the Northern California ReLiEF joint powers authority for excess property and liability coverage. The text gives no combined total.

Plain-English summary written by AI from the official text. AI summary · amounts checked against official text

Vendor / partner: Public Risk Innovation, Solutions, and Management (PRISIM) and Northern California ReLiEF
Action: Other
Category: Legal, compliance & risk
Term: Jul 1, 2024 – Jun 30, 2025
This vote: $3,905,718
Funding: Fund 67 - Self Insurance
Presented by: Chief Financial Officer
File: 24-1532 · agenda T.-13
Outcome: Adopted on the General Consent Report, Jun 5, 2024

Official text

Approval by the Board of Education of payment of membership contributions (premium), Fiscal Year 2024-2025, for Excess Workers’ Compensation Coverage, procured from Public Risk Innovation, Solutions, and Management (PRISIM), a Joint Powers Authority (“JPA”), through Alliant Insurance Services, Inc., Newport Beach, CA (Broker), in the amount of $890,000.00 and for Excess Property and Liability Coverage through Northern California ReLiEF (“NCR”) JPA, managed by Keenan & Associates, Torrance, CA (Broker), in the amount of $3,905,718.00, respectively.

History

Jun 5, 2024 Adopted on the General Consent Report

This is an independent project created to provide transparency to the OUSD Community, and is not affiliated with Oakland Unified District. All data used to create the Consent Report Tracker is made public by Legistar, OUSD's official platform for posting legislative records. Plain-English summaries are written by AI with narrow parameters based upon the official text of the reports. Read about how all this works.