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TPAC recommended City Council approve a one-year insurance renewal for the San José Santa Clara Regional Wastewater Facility, with total costs not to exceed $698,176 plus an 18.0 percent contingency for additional property or assets.
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The committee supported renewing insurance for the wastewater facility for the next year. Staff said the coverage includes property, liability, terrorism, flood, auto liability, and cybersecurity-related protection, and that the higher premium reflects a tighter insurance market with fewer carriers. The committee also confirmed the contingency is mainly for changing vehicle and asset needs during the year, not because the facility is buying unused vehicles.
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