1-Insurance.pdf

This is an insurance requirements document for Hudson Valley Community College (HVCC) related to a roofing preventive maintenance and repair service contract in New York. The document outlines mandatory insurance coverage that bidders must maintain throughout the contract period. HVCC requires all contractors to carry comprehensive general liability insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 aggregate, along with workers' compensation insurance in compliance with New York State statutory requirements. Additionally, contractors must obtain property damage insurance and maintain coverage for any equipment or materials brought onto HVCC premises. The insurance requirements also mandate that HVCC be named as an additional insured on all liability policies, and certificates of insurance must be provided prior to contract execution and maintained for the duration of the work.

The document specifies that all insurance policies must be issued by carriers authorized to conduct business in New York and rated A- or better by A.M. Best. Contractors are responsible for all deductibles and self-insured retentions, and HVCC's receipt of insurance certificates does not limit the contractor's liability or indemnification obligations. The insurance requirements remain in effect for the entire contract term and any renewal periods. No waiver of subrogation is permitted, and all policies must include provisions preventing cancellation or material modification without thirty days' written notice to HVCC. These insurance provisions are standard protective measures designed to mitigate risk and ensure adequate coverage for potential losses during the roofing maintenance and repair services.