Approves a professional services contract with Arthur J. Gallager for $8,000,000.00 with an end date of 12-01-2030 to procure and manage a Rolling Owner Controlled Insurance Program (ROCIP) covering new construction projects at the National Western Center, in Council District 9 (FINAN-202580471).

The City Council is set to approve a professional services contract with Arthur J. Gallagher for $8,000,000.00 to procure and manage a Rolling Owner Controlled Insurance Program (ROCIP). This program will cover new construction projects at the National Western Center, specifically for the equestrian center, hotel, and parking garage, with an end date of 12-01-2030. This ROCIP ensures consolidated insurance coverage, potentially higher limits, and streamlined claims management for all parties involved in the construction.

This contract ensures comprehensive insurance coverage for the ongoing construction at the National Western Center, potentially leading to more efficient project completion and cost management.

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