1-Insurance.pdf

This is an insurance document related to Hudson Valley Community College's (HVCC) procurement of aviation student starter tool sets in New York. The document outlines insurance requirements and coverage specifications that bidders must maintain throughout the contract term. The scope requires comprehensive general liability insurance with minimum coverage limits, as well as additional insured endorsements naming HVCC and the State of New York as additional insureds. Bidders are required to submit certificates of insurance prior to contract award and maintain continuous coverage during the entire contract performance period, including any renewal or extension options.

The insurance requirements specify minimum liability limits for bodily injury and property damage, along with obligations for workers' compensation coverage and commercial automobile insurance if applicable to the work being performed. All insurance policies must be issued by carriers authorized to do business in New York and rated A-:VII or better by A.M. Best. Bidders must provide proof of insurance and maintain coverage without lapse, with the college retaining the right to request updated certificates upon contract renewal. These requirements ensure that HVCC is protected from liability risks associated with the procurement and that contractors meet standard risk management protocols required for state and local government contracts in New York.