File #: 345-25    Version: 1 Name:
Type: Resolution Status: Passed
File created: 12/1/2025 In control: Board of Port Commissioners
On agenda: 12/18/2025 Final action: 12/18/2025
Title: Resolution 25-99: Approve and Authorize the Port of Oakland’s Risk Manager to Execute all Necessary Documents, Subject to Approval of the Port Attorney as to Form and Legality, and to Approve Reasonable Substitutions of Insurers to Renew the Owner Controlled Insurance Program Arranged and Paid Through a Prime Insurance Broker for a Three-Year Term and in an Amount Not to Exceed $7,300,000 Plus Posting of an Additional $464,743 in Collateral (Subject to Audit Adjustment) and Related Actions and Finding that the Proposed Action is Exempt Under the California Environmental Quality Act. (Finance & Admin)
Attachments: 1. Agenda Report, 2. Resolution Item 2.3

Title

Resolution 25-99:  Approve and Authorize the Port of Oakland’s Risk Manager to Execute all Necessary Documents, Subject to Approval of the Port Attorney as to Form and Legality, and to Approve Reasonable Substitutions of Insurers to Renew the Owner Controlled Insurance Program Arranged and Paid Through a Prime Insurance Broker for a Three-Year Term and in an Amount Not to Exceed $7,300,000 Plus Posting of an Additional $464,743 in Collateral (Subject to Audit Adjustment) and Related Actions and Finding that the Proposed Action is Exempt Under the California Environmental Quality Act. (Finance & Admin)