12. Recommendation to authorize the Comptroller's Office to renew Property, Auto Physical Damage, Boiler & Machinery, Mobile Equipment, Cyber Liability and Pollution Liability with the Public Entity Property Insurance Program (PEPIP) for a one-year term with an estimated annual cost of [$1,546,619], effective July 1, 2025, and authorize the Comptroller's Office to sign the applications and agreements necessary to bind coverage, funding from the Risk Management Fund source. Comptroller. (All Commission Districts.) FOR POSSIBLE ACTION