3-Insurance Coverage Declaration.pdf

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Attached to
Princeton Electric Plant Board Grid Resilience - Advance Metering Infrastructure (AMI) technologies
Solicitation number
Not on record
Issued by
Kentucky

About this file

This Insurance Coverage Declaration is a requirement document for the Electric Plant Board of the City of Princeton, Kentucky's procurement for Advance Metering Infrastructure (AMI) technologies. Contractors must submit this form with their sealed bid proposals by September 30, 2026, at 12:00 p.m. CDT through the DFS Procurement Portal. Questions regarding the scope or requirements must be submitted by September 28, 2026, at 5:00 p.m. CDT, and bids will be opened publicly on September 30, 2026, at 1:00 p.m. CDT at the Princeton Electric Plant Board office located at 304 E Legion Drive, Princeton, Kentucky 42445.

Contractors must provide evidence of three types of insurance coverage with their proposals: Commercial General Liability with a minimum aggregate of two million dollars and one million dollars per occurrence; Comprehensive Automobile and Water Vehicle Liability with a minimum of one million dollars per occurrence combined single limit for any auto, plus Physical Damage Insurance covering owned or rented machinery, tools, equipment, office trailers, and vehicles; and Worker's Compensation with employer's liability coverage of at least one million dollars per occurrence. The Worker's Compensation policy must include a provision requiring thirty days' prior written notice to the County before cancellation or material changes. Owner/operators claiming exemption from Worker's Compensation must provide signed documentation verifying eligibility under applicable law. Failure to attach all insurance policies and endorsements to the proposal may result in rejection.

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INSURANCE COVERAGE DECLARATION

Contractor shall complete the form below and attach the following insurance policies (including all endorsements) to this proposal. Failure to do so, may result in a rejected Proposal.

1. Commercial General Liability – in the amount of two million dollars ($2,000,000.00) aggregate/one million dollars ($1,000,000.00) per occurrence. The General Aggregate limit shall either apply separately to the resulting Contractor or shall be at least twice the required occurrence limit.

2. Comprehensive Automobile and Water Vehicle Liability – covering any automotive equipment to be used in performance of the service, with a minimum limit in the amount of One Million Dollars ($1,000,000.00) per occurrence combined single limit / any auto.

Physical Damage Insurance covering owned or rented machinery, tools, equipment, office trailers, and vehicles.

3. Worker’s Compensation – Proposer shall provide a policy with employer’s liability coverage with limits of not less than One Million Dollars ($1,000,000.00) per occurrence for each accident or illness. The Worker’s Compensation policy shall state that it cannot be cancelled or materially changed without first giving thirty (30) days prior notice thereof in writing to the County. Firms that have owner/operators that have filed a “Notice of Election to be Exempt” shall supply a signed copy of said notice. Any such exemption shall meet the requirements that qualify for an exemption under the applicable Worker’s Compensation law.

Insurance Carrier Type of Coverage Limit ($) Expiration Date

General Liability

Commercial Auto

Worker’s Compensation

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