5-EXHIBIT F- Insurance Requirements.docx

LEAD PUBLIC SCHOOLS

Exhibit: F

MINIMUM INSURANCE COVERAGE REQUIREMENTS

The Contractor shall, at its own expense, obtain and maintain the following insurance coverage throughout the term of the Contract. Insurance shall be maintained with companies authorized to conduct business in the State of Tennessee and having a financial rating acceptable to LEAD Public Schools.

1. Commercial General Liability The Contractor shall maintain Commercial General Liability (CGL) insurance written on an occurrence basis, covering, at a minimum:

· Bodily injury and property damage;

· Premises and operations;

· Products and completed operations;

· Personal and advertising injury;

· Contractual liability, including liability assumed under the Contract;

· Damage to property in the care, custody, or control of the Contractor, to the extent commercially available; and

· Liability arising from the Contractor's installation, testing, commissioning, repair, adjustment, or servicing of equipment.

The CGL policy shall provide limits of not less than $1,000,000 per occurrence and $2,000,000 general aggregate.

The products and completed operations coverage shall remain in effect for work performed under the Contract for a minimum of two (2) years following final completion and acceptance, to the extent commercially available.

2. Automobile Liability The Contractor shall maintain Automobile Liability insurance covering owned, hired, and non-owned vehicles used in connection with the performance of the Contract.

The minimum limit shall be $1,000,000 Combined Single Limit per accident for bodily injury and property damage.

This requirement applies to vehicles used to transport kitchen equipment, materials, tools, personnel, or other property to or from the project site.

3. Workers' Compensation and Employers' Liability The Contractor shall maintain Workers' Compensation insurance in accordance with Tennessee statutory requirements and applicable law.

For Contractors performing construction or installation services in Tennessee, applicable Workers' Compensation requirements must be satisfied even where the Contractor has fewer than five employees. Tennessee specifically identifies construction services providers as subject to these requirements.

Employers' Liability coverage shall be maintained at limits of not less than:

· $1,000,000 – Each Accident

· $1,000,000 – Disease – Policy Limit

· $1,000,000 – Disease – Each Employee A Contractor claiming an applicable exemption shall provide LEAD with acceptable written documentation of the exemption before commencing work.

4. Umbrella/Excess Liability The Contractor shall maintain Umbrella or Excess Liability insurance providing coverage in excess of the Commercial General Liability, Automobile Liability, and Employers' Liability policies.

Minimum limits shall be:

· $2,000,000 per occurrence

· $2,000,000 aggregate The umbrella/excess policy shall be at least as broad as the underlying liability coverage and shall not materially reduce or restrict the coverage required under this RFP.

5. Additional Insured The Contractor shall name LEAD Public Schools, including its officers, employees, agents, representatives, and Board members, as Additional Insureds on the Commercial General Liability and Automobile Liability policies for liability arising out of or related to the Contractor's operations, services, products, installation, delivery, and work performed under the Contract.

Additional insured coverage shall apply on a primary and non-contributory basis where commercially available.

6. Waiver of Subrogation To the extent commercially available, the Contractor shall provide a waiver of subrogation in favor of LEAD Public Schools for Workers' Compensation and applicable liability coverages.

7. Subcontractors The Contractor shall require all subcontractors, installers, delivery contractors, and other parties performing work under the Contract to maintain insurance appropriate to their scope of work.

Upon request, the Contractor shall provide LEAD with certificates of insurance evidencing such coverage.

The Contractor shall remain responsible for the acts and omissions of its subcontractors.

Tennessee specifically permits a contractor to require certificates of workers' compensation insurance from subcontractors and construction service providers.

8. Certificates of Insurance Prior to execution of the Contract and before commencing any delivery, installation, or commissioning activities, the successful Contractor shall provide LEAD with current Certificates of Insurance (COIs) evidencing all required coverage.

The COIs shall identify:

Certificate Holder:

LEAD Public Schools 1251 Neely's Bend Road Madison, TN 37115 LEAD reserves the right to request copies of applicable insurance policies and endorsements to verify compliance with these requirements.

The Contractor shall provide updated certificates upon renewal, replacement, or material modification of any required policy.

9. Cancellation or Material Change The Contractor shall provide LEAD with notice of cancellation, non-renewal, or material reduction in required coverage in accordance with the terms of the applicable insurance policy and applicable law.

Failure to maintain the required insurance shall constitute a material breach of the Contract and may result in suspension of work, withholding of payment, or termination of the Contract.

10. No Limitation of Liability The insurance requirements contained herein shall not be construed as a limitation on the Contractor's liability under the Contract. The Contractor's obligation to maintain insurance shall not relieve the Contractor of any liability or obligation assumed under the Contract.

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