3-Individual Sole Proprietor Insurance Requirements.pdf

This insurance requirements document outlines mandatory coverage provisions for individual sole proprietor contractors engaging with Fort Bend Independent School District in Texas for Fine Arts Consultant and Clinician services. The document specifies that sole proprietors must maintain General Liability insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 general aggregate. Additionally, contractors are required to carry Professional Liability insurance with minimum limits of $1,000,000 per claim and $2,000,000 aggregate. All insurance policies must name Fort Bend Independent School District as an additional insured and include a waiver of subrogation in favor of the district.

The insurance policies must remain in force throughout the entire term of the contract and maintain A- VII or better ratings from A.M. Best. Certificates of insurance must be provided prior to contract commencement and renewed annually or upon policy expiration. The contractor bears all costs associated with obtaining and maintaining the required coverage. Failure to maintain adequate insurance coverage constitutes grounds for contract termination and may result in disqualification from future district solicitations.