Summary: Insurance Sample Document for City of Amarillo Aquatic Viability Study

This is an insurance requirements document associated with the City of Amarillo's procurement for a Structural Assessment and Aquatic Market Viability Study in Texas. The document outlines the mandatory insurance coverage that the selected consultant must maintain throughout the contract term. The insurance requirements specify minimum coverage limits for general liability, including bodily injury and property damage protection. The consultant is required to provide certificates of insurance prior to commencing work and maintain continuous coverage for the duration of the contract performance and any renewal periods.

The document establishes that insurance policies must be issued by carriers authorized to do business in Texas and rated A- VII or better by A.M. Best Company. The consultant's insurance must include the City of Amarillo as an additional insured on applicable policies. All policies must contain a waiver of subrogation clause in favor of the City and include provisions prohibiting cancellation or material modification without thirty days' written notice to the City. The document specifies that these insurance requirements are conditions precedent to contract award and that failure to maintain adequate coverage may result in contract termination or suspension of work.