4-4663 - Letcher County - Insurance Coverage Declaration (1).pdf

This is an Insurance Coverage Declaration form for Letcher County, Kentucky, related to an Invitation for Bid for Appraisal Review Services. The declaration requires contractors to complete and attach copies of their insurance policies to their proposal submissions. Failure to provide the required insurance documentation may result in proposal rejection. The contract involves desk technical reviews of approximately 150 residential properties in support of a Floodplain Acquisition Project, with services to include appraisal reviews ensuring compliance with the Uniform Standards for Professional Appraisal Practice (USPAP).

Contractors must provide proof of Commercial General Liability insurance with limits of $2,000,000 aggregate and $1,000,000 per occurrence, Comprehensive Automobile and Water Vehicle Liability insurance with minimum limits of $1,000,000 per occurrence combined single limit including physical damage coverage for machinery and equipment, and Worker's Compensation insurance with employer's liability coverage of not less than $1,000,000 per occurrence for each accident or illness. The Worker's Compensation policy must include a provision preventing cancellation or material changes without 30 days' prior written notice to the County. Contractors with owner/operators who have filed exemptions from Worker's Compensation requirements must provide signed copies of those notices meeting applicable exemption criteria. All insurance carriers, coverage types, policy limits, and expiration dates must be documented on the declaration form.