15-Insurance Requirements, Purchasing Card Services (Group 3), GEN2131264P1.pdf

PDF 187 KB Posted

Attached to
Master Banking Services
Solicitation number
GEN2131264P1
Issued by
Broward County, Florida

About this file

This is a minimum insurance requirements document for the Purchasing Card Services (Group 3) contract issued by Broward County's Finance and Administrative Services Department in Florida. The document outlines comprehensive insurance coverage mandates that vendors must maintain throughout the contract period and for three years following completion of work for claims-made policies. The contract requires vendors to provide general liability coverage with limits of $1,000,000 per occurrence and $2,000,000 aggregate, auto liability coverage with combined bodily injury and property damage limits of $500,000, workers' compensation at statutory limits with employer's liability of $100,000 per accident, professional liability (errors and omissions) with limits of $3,000,000 and a maximum deductible of $100,000, cyber liability with limits of $5,000,000 and a maximum deductible of $100,000, and crime and fidelity insurance with limits of $3,000,000.

All insurance policies must name Broward County as an additional insured with primary coverage responsibility, include a waiver of subrogation in favor of the County, and provide the County with 30 days' written notice of cancellation or 10 days' notice for non-payment cancellation. The vendor's insurance shall not require contribution from Broward County and excess liability or umbrella coverage may be used to supplement minimum coverage requirements. Broward County must be designated as loss payee for crime and fidelity insurance. The certificate holder address is listed as 115 South Andrews Avenue, Fort Lauderdale, Florida 33301, under the County's Risk Management Division.

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Text version

MINIMUM INSURANCE REQUIREMENTS

Project: Purchasing Card Services Agency: Finance and Administrative Services Department

CERTIFICATE HOLDER:

Broward County 115 South Andrews Avenue Fort Lauderdale, Florida 33301

Risk Management Division

TYPE OF INSURANCE ADDL

INSD

SUBR

WVD

MINIMUM LIABILITY LIMITS

Each Occurrence Aggregate

GENERAL LIABILITY - Broad form Commercial General Liability Premises–Operations XCU Explosion/Collapse/Underground Products/Completed Operations Hazard Contractual Insurance Broad Form Property Damage Independent Contractors Personal Injury

Per Occurrence or Claims-Made:

Per Occurrence Claims-Made

Gen’l Aggregate Limit Applies per:

Project Policy Loc. Other _______

Bodily Injury

Property Damage

Combined Bodily Injury and Property Damage

$1,000,000 $2,000,000

Personal Injury

Products & Completed Operations

AUTO LIABILITY

Comprehensive Form Owned Hired Non-owned Any Auto, If applicable

Note: May be waived if no driving will be done in performance of services/project.

Bodily Injury (each person)

Bodily Injury (each accident)

Property Damage

Combined Bodily Injury and Property Damage

$500,000

EXCESS LIABILITY / UMBRELLA

Per Occurrence or Claims-Made:

Per Occurrence Claims-Made Note: May be used to supplement minimum liability coverage requirements.

WORKERS’ COMPENSATION

Note: U.S. Longshoremen & Harbor Workers’ Act & Jones Act is required for any activities on or about navigable water.

N/A Each Accident

STATUTORY LIMITS

EMPLOYER’S LIABILITY Each Accident $100,000

PROFESSIONAL LIABILITY (ERRORS &

OMISSIONS)

N/A Each Claim: $3,000,000

*Maximum Deductible: $100,000

CYBER LIABILITY

N/A Each Claim: $5,000,000

*Maximum Deductible: $100,000

CRIME AND FIDELITY

Broward County must be a Loss Payee.

Each Claim: $3,000,000

Description of Operations: Broward County is additional insured for liability. Insured’s insurance shall provide primary coverage and shall not require contribution from the County, self-insurance or otherwise. Waiver of subrogation applies in favor of Broward County. County shall be provided 30 days’ written notice of cancellation, 10 days’ notice of cancellation for non-payment. For Claims-Made policies insurance must be maintained and evidence of insurance must be provided for at least three (3) years after completion of the contract of work.

Digitally signed by

COLLEEN

POUNALL

Date: 2026.03.05 16:22:52 -05'00'

File details come from the government source that posted it. Updated .