2-BPM006894 Solicitation Attachment 7 - Letter of Insurability - Surveyors Source.pdf

This is a Letter of Insurability from Magellan Group Insurance Specialists regarding Surveyors Source LLC's capability to maintain required insurance coverages for a contract with the Arizona Department of Administration. The letter confirms that Surveyors Source LLC currently maintains or can obtain upon contract award the necessary insurance policies, including Commercial General Liability Insurance with a minimum limit of $1,000,000 per occurrence, Automobile Liability Insurance with a minimum limit of $1,000,000 per occurrence if applicable, Workers' Compensation Insurance in compliance with Arizona statutes, and Employers' Liability Insurance with a minimum limit of $100,000. The letter, signed by Marko Knezevic, Principal at Magellan Group, commits that certificates of insurance will be provided in accordance with State of Arizona contract requirements should Surveyors Source LLC be awarded the contract.

This document serves as a pre-award qualification submission demonstrating that the bidder possesses the financial capacity and insurance prerequisites necessary to perform contract work. The letter does not address pricing, set-asides, or funding mechanisms but rather establishes that the prospective contractor meets mandatory insurance requirements established by the State of Arizona for contract performance. The specific reference to Surveyors Source LLC in conjunction with the GNSS Receivers and Related Equipment procurement suggests this entity was responding to the statewide solicitation issued by the State Procurement Office.