7-RFP 26-001 Specification Property Yes, No, Difference.docx
DOCX document 29 KB Posted
- Attached to
- Property and Casualty Insurance
- Solicitation number
- RFP #26-001
- Issued by
- Upton County, Texas
About this file
This is a specifications attachment for a property and casualty insurance proposal issued by the Laredo Independent School District in Texas. The document outlines comprehensive insurance coverage requirements for the period of March 3, 2026 to March 3, 2027. The specifications detail extensive property insurance coverage including blanket building and personal property protection with a total limit of $771,093,158, computer hardware and software coverage of $2,500,000, and additional per-occurrence limits for various categories such as flood coverage ($25,000,000 annual aggregate), earth movement ($10,000,000 annual aggregate), business interruption ($5,000,000), and pollution coverage ($2,500,000). The property coverage includes replacement cost valuation, blanket coverage for real and personal property, wind-driven rain inclusion, and flood coverage for scheduled locations.
The specifications also establish specific deductibles ranging from $5,000 to $100,000 depending on the peril type, with separate provisions for flood coverage in Special Flood Hazard Areas and named windstorm coverage. Additionally, the document includes boiler and machinery insurance specifications with a comprehensive limit of $100,000,000 including production machinery, expediting expenses of $1,000,000, and extra expense coverage of $1,000,000. Boiler and machinery deductibles are set at $25,000 for combined direct coverages with 24-hour deductibles for extra expense and off-premises service interruption. The specifications require coverage for accidental breakdown of heating systems, pressure vessels, electrical equipment, air conditioning and refrigeration equipment, and include newly acquired location coverage with a 180-day period for errors in description.
View the file
Other files
| File | Type | Posted |
|---|---|---|
| 2-RFP General Terms and Conditions - R3.7.25.pdf | ||
| 3-LISD Vendor Packet rev. 7.24.24 1 .pdf | ||
| 6-RFP 26-001 Specification Casualty Yes, No, Difference.docx | DOCX document | |
| 8-RFP 26-001 Property and Casualty Insurance.pdf | ||
| 1-Certificate of Liability Insurance Sample - Acord 25.pdf | ||
| 4-RFP 26-001 LISD Questions.docx | DOCX document | |
| 5-RFP 26-001 References.docx | DOCX document |
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Text version
SPECIFICATIONS PROPERTY
ATTACHMENT: March 3, 2026 to March 3, 2027 LIMIT:
| Yes |
| No |
| Differences – If Any |
| $771,093,158 |
| Blanket Building, Personal Property |
| (Included above) |
| Blanket Computer Hardware, Software and Media |
| $2,500,000 |
| Extra Expense |
| (Included above) |
| Musical Instruments |
| (Included above) |
| Electronic Data Processing Equipment and Data Processing Data and Media |
DEDUCTIBLES:
| $ | 100,000 | |
| All Other Perils Per Occurrence, except as follows: |
| $ | 5,000 | |
| Property in Transit, Contractors Equipment, Musical Instruments, Per Occurrence |
(1) $100,000
(2) Excess Maximum NFIP limits
Flood – per Occurrence Except as Follows:
Flood SFHA (Zones Prefixes A or V) – per Occurrence
| $ | 100,000 | |
| Earth Movement – Per Occurrence |
(1) 1% of TIV
| (2) | $100,000 |
| Named Windstorm and Hail – Per Occurrence Subject to a Minimum of $100,000 Per Occurrence, Maximum $2,500,000 Per Occurrence |
All Other Windstorm, Per Occurrence
| $ | 25,000 | |
| Boiler and Machinery, Utility Services – Direct Damage |
VALUATION:
| Yes |
| No |
| Differences – If Any |
Replacement Cost
ADDITIONAL PER OCCURRENCE LIMITS OF COVERAGE:
Limit:
| $ | 25,000,000 | |
| Flood – Annual Aggregate |
| $ | 10,000,000 | |
| Earth Movement – Annual Aggregate |
| $ | 2,500,000 | |
| Extra Expense |
| Included | |
| Named Storm |
| $ | 5,000,000 | |
| Debris Removal |
| $ | 500,000 | |
| Account Receivables |
| $ | 5,000,000 | |
| Business Interruption |
| Included | |
| $ | 5,000,000 |
| $ | 5,000,000 |
| Ordinance or Law: |
Coverage A Coverage B Coverage C
| $ | 5,000,000 | |
| Errors Omissions Per Occurrence |
| $ | 500,000 | |
| Limited Pollution Coverage / Pollutant Cleanup and Removal |
| $ | 2,500,000 | |
| Loss Adjustment Expense and/or Professional Fees Per Occurrence |
| $ | 100,000 | |
| Mold/Fungus Resultant Damage Only Per Occurrence |
| $ | 5,000,000 | |
| Newly Construction/Acquired Property |
| $ | 500,000 | |
| Outdoor Property (including but not limited to Plants, Trees, Shrubs, Fences & Signs) |
| $ | 2,500,000 | |
| Property in the Course of Construction Including Soft Costs Per Occurrence |
| $ | 5,000,000 | |
| Per Occurrence for Service Off Premises Power Interruption. This coverage INCLUDES loss or damage resulting from Insured physical loss or damage to Transmission and Distribution Lines. Insured physical loss or damage must occur within one (1) statute mile from the Insured’s premises in order for coverage to apply. |
| $ | 5,000,000 | |
| Valuable Papers |
| $ | 500,000 | |
| Property in Transit |
TERMS and CONDITIONS:
| Yes |
| No |
| Differences – If Any |
Replacement Cost
Blanket Real, Contents, and Extra Expense
Blanket Electronic Hardware, Software and Media and Extra Expense
Unintentional Errors and Omissions
Building Ordinance Regulation or Law – Increased Cost of Construction
Amended Notice of Cancellation to 90 Days, Nonpayment Remains 10 Days
Revised Notice of Claim Requirement (Knowledge of Occurrence)
Flood Coverage for scheduled locations
Wind Driven Rain included
Spoilage Endorsement
Utility Services – Direct Damage (Formerly called Off Premises Power Failure)
Pollutant Clean Up and Removal Additional Aggregate Limit of Insurance
Windstorm Included
Terrorism Included
Flood Zone determination in effect at the inception date of the policy will apply throughout the entire policy term. If a location does not have a flood zone at the inception date, the flood zone will be determined at time of loss.
Exposure Basis: Please Refer to the Property Schedule
SPECIFICATIONS BOILER and MACHINERY
ATTACHMENT: March 3, 2026 to March 3, 2027 LIMITS:
| Yes |
| No |
| Differences – If Any |
| $ | 100,000,000 | |
| Comprehensive Including Production Machinery |
| $ | 1,000,000 | |
| Expediting Expenses |
| $ | 100,000 | |
| Hazardous Substance |
| $ | 100,000 | |
| Ammonia Contamination |
| $ | 100,000 | |
| Water Damage |
| $ | 1,000,000 | |
| Extra Expense |
DEDUCTIBLES:
| Yes |
| No |
| Differences – If Any |
| $ | 25,000 | |
| Combined All Direct Coverages |
| 24 Hours | |
| Extra Expense |
| 24 Hours | |
| Off Premises Service Interruption |
TERMS and CONDITIONS:
| Yes |
| No |
| Differences – If Any |
Comprehensive Equipment Coverage Including Production Machines
Coverage Includes Accidental Breakdown of Heating or Process Boilers, Pressure Vessels, Electrical Equipment, Air Conditioning and Refrigeration Equipment
Perishable Goods/Spoilage
Hazardous Substances
Newly Acquired Locations: 180 Days
Errors in Description
Off Premises Property Damage
Extra Expense – Included
Service Interruption – Included (BI/EE)
Demolition
Ordinance or Law
File details come from the government source that posted it. Updated .