Attachment #4 Insurance.pdf

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Attached to
Antidrug School Construction, Muzu, Bogota, Colombia
Solicitation number
19AQMM20R0065
Issued by

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This document contains details regarding insurance policies required for a federal contract solicitation to provide lodging barracks in Santa Marta, Colombia. The solicitation requires a performance policy equal to 30% of the contract value and valid for the contract duration plus two months. It also requires a payment policy equal to 20% of the contract value and valid for the contract duration plus three years for worker salaries and benefits. A liability policy equal to 30% of the contract value and valid for the contract duration plus two months is required, as well as a stability policy and elements quality policy each equal to 30% of the contract value and valid one year after work completion. A correct equipment functioning policy equal to 30% of the contract value and valid one year after completion is also required.

The related federal contract opportunity is a solicitation notice from the Department of State Office of Acquisition Management seeking proposals for the supply, refurbishing and installation of shipping containers for a two story container school in Muzu, Colombia, with a budget between $500,000 and $1,000,000 and a 180-day period of performance. Key dates include a pre-proposal conference on January 27 and site visit on January 29, with questions due by February 14 and proposals due by March 13. The place of performance is the Colombian National Police Aviation School in Mariquita, Colombia.

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Attachment #4 - INSURANCE POLICIES

SOLICITATION No. 19AQMM19R0123

Lodging Barracks in Santa Marta, Colombia

Performance Policy (Póliza de Cumplimiento): Submitted after the contractor is signed and prior to the notice to proceed in a sum equal to 30% of the value of the contract and valid for the duration of the contract and a further two months, Payment Policy (Póliza de Pago de Salarios y Prestaciones Sociales): Submitted after the contract is signed and prior to the notice to proceed in a sum equal to 20% of the value of the contract, and valid for the duration of the contract and a further three years for the salaries and social benefits of the workers.

Liability Policy ( Póliza de Responsabilidad Civil Contractual): submitted after the contract is signed and prior to the notice to proceed in a sum equal to 30% of the value of the contract, and valid for the duration of the contract and a further two months covering contractual and Third Party Civil Liability, Stability Policy (Póliza de Estabilidad): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for three years from the date of the handover of the work/ substantial completion.

Elements Quality Policy ( Póliza de Calidad de Elementos): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for one year from the date of the handover of the work/ substantial completion.

Correct Equipment Functioning Policy (Póliza de correcto funcionamiento de los equipos): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for one year from the date of the handover of the work/ substantial completion

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