7-Insurance Requirements.pdf
PDF 227 KB Posted
- Attached to
- Interior Signage for North Regional Courthouse
- Solicitation number
- FMD052220261022
- Issued by
- Broward County, Florida
About this file
This is a minimum insurance requirements document issued by the Finance and Administrative Services Department for Broward County, Florida, establishing mandatory coverage for a Third-Party Custodian/Safe Keeping Services project. The document specifies comprehensive insurance obligations for contractors, including general liability with minimum limits of $1,000,000 per occurrence and $2,000,000 aggregate, automobile liability with $500,000 combined bodily injury and property damage limits, workers' compensation at statutory limits, employers' liability at $100,000 per accident, professional liability (errors and omissions) at $3,000,000 per claim with a maximum deductible of $100,000, cyber liability at $5,000,000 per claim with a maximum deductible of $100,000, and crime and fidelity insurance at $5,000,000 per claim with Broward County designated as loss payee.
The insurance requirements mandate that Broward County be named as an additional insured on liability policies, with the contractor's insurance providing primary coverage without contribution requirements from the County. The contractor must provide 30 days' written notice of cancellation and 10 days' notice for non-payment cancellations. For claims-made policies, insurance coverage must be maintained and evidence of insurance provided for at least three years following contract completion. The contractor's insurance shall include a waiver of subrogation in favor of Broward County, and automobile liability coverage may be waived if no driving is required for performance of services.
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Text version
MINIMUM INSURANCE REQUIREMENTS
Project: Third-Party Custodian/Safe Keeping Services Agency: Finance and Administrative Services Department
CERTIFICATE HOLDER:
Broward County 115 South Andrews Avenue Fort Lauderdale, Florida 33301
Risk Management Division
TYPE OF INSURANCE ADDL
INSD
SUBR
WVD
MINIMUM LIABILITY LIMITS
Each Occurrence Aggregate
GENERAL LIABILITY - Broad form Commercial General Liability Premises–Operations XCU Explosion/Collapse/Underground Products/Completed Operations Hazard Contractual Insurance Broad Form Property Damage Independent Contractors Personal Injury Per Occurrence or Claims-Made:
Per Occurrence □ Claims-Made Gen’l Aggregate Limit Applies per:
□ Project □ Policy □ Loc. □ Other _______
Bodily Injury
Property Damage
Combined Bodily Injury and Property Damage
$1,000,000 $2,000,000
Personal Injury
Products & Completed Operations
AUTO LIABILITY
Comprehensive Form Owned Hired Non-owned Any Auto, If applicable Note: May be waived if no driving will be done in performance of services/project.
Bodily Injury (each person)
Bodily Injury (each accident)
Property Damage
Combined Bodily Injury and Property Damage
$500,000
EXCESS LIABILITY / UMBRELLA
Per Occurrence or Claims-Made:
Per Occurrence □ Claims-Made Note: May be used to supplement minimum liability coverage requirements.
WORKERS’ COMPENSATION
Note: U.S. Longshoremen & Harbor Workers’ Act & Jones Act is required for any activities on or about navigable water.
N/A Each Accident
STATUTORY LIMITS
EMPLOYERS LIABILITY Each Accident $100,000
PROFESSIONAL LIABILITY (ERRORS &
OMISSIONS)
N/A Each Claim: $3,000,000
*Maximum Deductible: $100,000
CYBER LIABILITY
N/A Each Claim: $5,000,000
*Maximum Deductible: $100,000
CRIME AND FIDELITY
Broward County must be a Loss Payee.
Each Claim $5,000,000
Description of Operations: Broward County is additional insured for liability. Insured’s insurance shall provide primary coverage and shall not require contribution from the County, self-insurance or otherwise. Waiver of subrogation applies in favor of Broward County. County shall be provided 30 days’ written notice of cancellation, 10 days’ notice of cancellation for non-payment. For Claims-Made policies insurance must be maintained and evidence of insurance must be provided for at least three (3) years after completion of the contract of work.
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