PROPERTY INSURANCE

This contract is for property insurance services for the Amarillo Independent School District. The contract was awarded to Arthur J. Gallagher Risk Management Services, Inc. through a Request for Proposal (RFP) process. The evaluation criteria for the RFP included factors such as the vendor's experience, qualifications, and pricing. The contract is for an unspecified duration and has an unspecified value. Key aspects of the contract include: • The provision of property insurance services to the district • The vendor's responsibility for managing and administering the insurance program • The district's responsibility for paying premiums and other costs associated with the insurance program • The requirement for the vendor to provide regular reports and updates on the insurance program • The possibility of the contract being renewed or extended beyond its initial term