1-Insurance.pdf

This is an insurance requirements document for Hudson Valley Community College (HVCC) in New York related to an interior and exterior signage campus-wide project. The document outlines mandatory insurance coverage that vendors must obtain and maintain throughout the contract period. Vendors are required to secure comprehensive general liability insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 general aggregate, as well as workers' compensation insurance in compliance with New York State requirements. The vendor must also maintain property insurance covering all materials and equipment on the project site, and automobile liability insurance with minimum limits of $1,000,000 combined single limit for any vehicles used in project performance. All insurance policies must name HVCC as an additional insured and include thirty-day cancellation notice provisions to protect the college's interests.

The insurance policies must be issued by carriers rated A- VII or better by A.M. Best and licensed to do business in New York State. Certificates of insurance demonstrating compliance with all requirements must be provided to HVCC prior to commencing any work on the signage project. The vendor bears full responsibility for obtaining and maintaining all required coverage at its own expense, and failure to provide adequate insurance documentation may result in rejection of the bid or termination of the contract. No modifications to insurance requirements are permitted without written approval from HVCC, and coverage must remain in force for the entire duration of the contract term.