1-Insurance.pdf

This is an insurance document related to Hudson Valley Community College's (HVCC) sewer cleaning services contract opportunity in New York. The document outlines insurance requirements and coverage specifications that bidders must maintain throughout the contract term. The insurance provisions establish mandatory coverage limits for general liability, including bodily injury and property damage protection, as well as requirements for workers' compensation insurance in accordance with New York State statutory limits. The document specifies that HVCC must be named as an additional insured on all applicable policies, and bidders are required to provide certificates of insurance prior to commencing work. The insurance requirements apply to the entire duration of the contract and any renewal periods, ensuring continuous protection for the institution and compliance with state regulations.

The insurance document details specific coverage minimums that contractors must maintain, including general liability limits and workers' compensation insurance as mandated by New York State law. All insurance policies must be issued by carriers authorized to conduct business in New York and rated A-:VII or better by A.M. Best. Bidders are responsible for ensuring that their insurers provide HVCC with thirty days' notice of cancellation or material modification to any policy. The document emphasizes that insurance requirements are in addition to any indemnification obligations outlined in the contract terms, and failure to maintain required coverage constitutes a material breach of the contract agreement.