Early Works Builders Risk – Project Health Policy Extension and 1 more item

The University of Nebraska, Board of Regents, awarded a contract to XL Insurance America, Inc. (AXA XL) for an Early Works Builders Risk Policy extension covering Project Health. The contract, identified as 46722, was awarded on April 9, 2026, with a contract value of $28,892.00. The policy extension provides builders risk coverage for the period from April 9, 2026, through August 31, 2026, under Policy Number US00154654CA25A. This extension premium is in addition to the initial policy period premium of $61,000, which ran from June 9, 2025, through April 9, 2026. The coverage was bound through Aon Risk Services Central, Inc. (Commercial Risk Solutions) acting as the insurance broker on behalf of the University of Nebraska.

The contract pertains to commercial risk insurance services for construction project management purposes. The stated contract value of $28,892.00 represents the premium for the four-month extension period and excludes Surplus Lines Taxes, policy surcharges, and fees. Under the terms of the agreement, no return premium will be issued in the event of early project completion. The University of Nebraska accepted this insurance coverage option as documented in the executed Acknowledgement and Instruction to Bind issued by the Board of Regents on April 2, 2026.