Kyle+Lovgren+-+Amendment+3_SIGNED.pdf

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Attached to
Land Title Service
Contract number
003-KYLE
Issued by
North Dakota

About this file

This document is a Contract Amendment (Amendment Number 3) for Contract #003 - Land Title Services between the State of North Dakota, acting through its State Procurement Office, and Kyle Lovgren, Inc. The amendment modifies the existing contract's insurance requirements and was executed on May 15, 2024, with the State's signature dated May 20, 2024.

The amendment primarily focuses on revising the insurance provisions for the land title services contract. Specifically, it removes three previous insurance subsections related to commercial general liability, automobile liability, and employer's liability, and adds a new subsection requiring Professional Errors and Omissions insurance with minimum limits of $1,000,000 per claim and in the aggregate. The contractor is required to maintain this professional liability coverage continuously during the contract period and for three years thereafter, with provisions for purchasing an extended reporting period if coverage changes or is canceled.

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CONTRACT AMENDMENT

CONTRACT NAME AND NUMBER: #()()3 . Land Title Services

AMENDMENT NUMBER: 3

This amendment is made to #003 - Land Title Services (Contract) between the State of North Dakota, acting through its State Procurement Office (STATE), and Kyle Lovgren, lnc (CONTRACTOR), The parties agree to the following terms and conditions and expressly agree that if any of the following terms and conditions conflict with any of the terms and conditions of the Contract, then, notwithstanding any term in the Contract, the following terms and conditions govern and controlthe rights and obligations of the parties.

The parties agree to amend the Contract as follows:

lnsurance Contract Section 7, lnsurance. The lnsurance is hereby amended as follows, listed by subsection:

1) Delete in its entirety Subsection 7(1): Commercial general liability, including premises or operations, contractual, and products or completed operations coverages (if applicable), with minimum liability limits of $2,000,000 per occurrence.

2) Delete in its entirety SubsectionT(2): Automobile liability, including Owned (if any), Hired, and Non-Owned automobiles, with minimum liability limits of $500,000 per person and $2,000,000 per occurrence,

3) Delete in its entirety Subsection 7(4): Employer's liability or "stop gap" insurance of not less than $2,000,000 as an endorsement on the workers compensation or commercial general liability insurance.

4) ADD subsection 7(5) Professional Errors and Omissions: Professional errors and omissions with minimum limits of $1,000,000 per claim and in the aggregate, Contractor shall continuously maintain such coverage during the contact period and for three years thereafter. ln the event of a change or cancellation of coverage, Contractor shall purchase an extended reporting period to meet the time periods required in this section.

All other terms of the Contract remain in effect. This Contract Amendment is not effective until fully executed by all parties.

EXEGUTION

CONTRACTOR STATE OF NORTH DAKOTA

Kyle Lovgren, lnc Acting through its State Procurement Office

BY:

Printed Name: Kyle Lovgren Printed Name: Angie Scherbenske

Title: President Title: lT Procurement Officer

Date: May 15,2024 Date:

5/20/2024

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