74BAI-S3523 Insurance Requirements~1.docx
DOCX document 19 KB Posted
- Attached to
- Alternative Dispute Resolution Mediator Panel
- Solicitation number
- 74BAI-S3523
- Issued by
- Nevada
About this file
This is an Insurance Requirements attachment for the Nevada State Purchasing Division's Alternative Dispute Resolution (ADR) Mediator Panel procurement (RFQ 74BAI-S3523). The document establishes mandatory insurance coverage requirements that all contractors and subcontractors must maintain throughout the contract period and any applicable warranty periods. The procurement seeks to establish a mediator panel to provide mediation and referee services for residential property association disputes. Contractors must obtain certificates of insurance prior to work commencement and maintain continuous coverage for the contract duration, with the anticipated contract term of four years subject to Board of Examiners approval. The State requires submission of insurance documentation through ACORD forms or equivalent, with all required endorsements received and approved before work begins. Failure to maintain required insurance policies or provide evidence of renewal constitutes material breach of contract.
Contractors must procure Workers' Compensation insurance at statutory levels with Employers' Liability limits of $100,000 per accident, $100,000 disease per employee, and $500,000 disease policy limit, along with a waiver of subrogation against the State of Nevada. Professional Liability (Errors and Omissions) insurance must provide minimum coverage of $1,000,000 per claim and $2,000,000 annual aggregate. All insurance policies must be placed with Nevada-licensed insurers holding an A.M. Best rating of at least A-VII. The State must be named as an additional insured to the full limits of purchased coverage, and Contractor's insurance shall be primary and non-contributory. Cancellation notice requirements mandate 30 days' prior written notice to the State, except for non-payment situations requiring only 10 days' notice. The Attorney General's Office or Risk Manager may approve modifications to insurance requirements through administrative action without formal contract amendment.
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Other files
| File | Type | Posted |
|---|---|---|
| 74BAI-S3523 Standard Form Contract.docx | DOCX document | |
| Quote Instructions.pdf | ||
| 74BAI-S3523 RFP Alternative Dispute Resolution Mediator Panel~2.docx | DOCX document | |
| 74BAI-S3523 NOI Trost.docx | DOCX document | |
| Terms-and-conditions-for-services~1.pdf | ||
| 74BAI-S3523 NOI Blackacre.docx | DOCX document | |
| 74BAI-S3523 NOI Dobberstein~1.docx | DOCX document | |
| 74BAI-S3523 RFP Alternative Dispute Resolution Mediator Panel~1.docx | DOCX document | |
| 74BAI-S3523 Insurance Requirements.docx | DOCX document | |
| 74BAI-S3523 MEDIATOR Application Packet 9-17~2.docx | DOCX document | |
| Cost Schedule 3.0~1.docx | DOCX document | |
| 74BAI-S3523 Cost Schedule~2.docx | DOCX document | |
| 74BAI-S3523 Q and A.xlsx | XLSX spreadsheet | |
| 74BAI-S3523-Vendor-Information-Response.pdf | ||
| 74BAI-S523 Terms-and-conditions-for-services.pdf | ||
| 74BAI-S3523 NOI Law Office of Miriam Rodriquez~1.docx | DOCX document | |
| 74BAI-S3523 NOI Yan Zhang.docx | DOCX document | |
| 74BAI-S3523 NOI Law Offices.docx | DOCX document |
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Text version
ALTERNATIVE DISPUTE PROGRAM
ATTACHMENT BB
CERTIFIED MEDIATORS
INSURANCE REQUIREMENTS:
Contractor and subcontractors shall procure and maintain until all of their obligations have been discharged, including any warranty periods under this Contract are satisfied, insurance against claims for injury to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Contractor, his agents, representatives, employees or subcontractors.
The insurance requirements herein are minimum requirements for this Contract and in no way limit the indemnity covenants contained in this Contract. The State in no way warrants that the minimum limits contained herein are sufficient to protect the Contractor from liabilities that might arise out of the performance of the work under this contract by the Contractor, his agents, representatives, employees or subcontractors and Contractor is free to purchase additional insurance as may be determined necessary.
A. MINIMUM SCOPE AND LIMITS OF INSURANCE: Contractor shall provide coverage with limits of liability not less than those stated below. An excess liability policy or umbrella liability policy may be used to meet the minimum liability requirements provided that the coverage is written on a “following form” basis.
1) Worker's Compensation and Employers' Liability
| Workers' Compensation | Statutory | ||
| Employers' Liability | |||
| Each Accident | $100,000 | ||
| Disease – Each Employee | $100,000 | ||
| Disease – Policy Limit | $500,000 | ||
| a. | Policy shall contain a waiver of subrogation against the State of Nevada. | ||
| b. | This requirement shall not apply when a contractor or subcontractor is exempt under N.R.S., AND when such a contractor or subcontractor executes the appropriate sole proprietor waiver form. See form located at the following: (https://risk.nv.gov/uploadedFiles/risknvgov/content/Contracts/AffidavitOfRejectionOfCoverage.pdf ) |
2) Professional Liability (Errors and Omissions Liability)
| The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Services of this contract. | ||
| Each Claim | $1,000,000 | |
| Annual Aggregate | $2,000,000 | |
| a. | In the event that the professional liability insurance required by this Contract is written on a claims-made basis, Contractor warrants that any retroactive date under the policy shall precede the effective date of this Contract; and that either continuous coverage will be maintained, or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this Contract is completed. |
| B. | ADDITIONAL INSURANCE REQUIREMENTS: The policies shall include, or be endorsed to include, the following provisions: |
| 1. | On insurance policies where the State of Nevada is named as an additional insured, the State of Nevada shall be an additional insured to the full limits of liability purchased by the Contractor even if those limits of liability are in excess of those required by this Contract. |
| 2 | The Contractor's insurance coverage shall be primary insurance and non-contributory with respect to all other available sources. |
C. NOTICE OF CANCELLATION: Contractor shall for each insurance policy required by the insurance provisions of this Contract shall not be suspended, voided or canceled except after providing thirty (30) days prior written notice been given to the State, except when cancellation is for non-payment of premium, then ten (10) days prior notice may be given. Such notice shall be sent directly to (State of Nevada Representative's Name & Address). Should contractor fail to provide State timely notice, contractor will be considered in breach and subject to cure provisions set forth within this contract.
D. ACCEPTABILITY OF INSURERS: Insurance is to be placed with insurers duly licensed or authorized to do business in the state of Nevada and with an “A.M. Best” rating of not less than A-VII. The State in no way warrants that the above-required minimum insurer rating is sufficient to protect the Contractor from potential insurer insolvency.
E. VERIFICATION OF COVERAGE: Contractor shall furnish the State with certificates of insurance (ACORD form or equivalent approved by the State) as required by this Contract. The certificates for each insurance policy are to be signed by a person authorized by that insurer to bind coverage on its behalf.
All certificates and any required endorsements are to be received and approved by the State before work commences. Each insurance policy required by this Contract must be in effect at or prior to commencement of work under this Contract and remain in effect for the duration of the project. Failure to maintain the insurance policies as required by this Contract or to provide evidence of renewal is a material breach of contract.
All certificates required by this Contract shall be sent directly to (State Department Representative's Name and Address). The State project/contract number and project description shall be noted on the certificate of insurance. The State reserves the right to require complete, certified copies of all insurance policies required by this Contract at any time. DO NOT SEND CERTIFICATES OF INSURANCE TO THE STATES RISK MANAGEMENT DIVISION.
F. SUBCONTRACTORS: Contractors’ certificate(s) shall include all subcontractors as additional insureds under its policies or Contractor shall furnish to the State separate certificates and endorsements for each subcontractor. All coverages for subcontractors shall be subject to the minimum requirements identified above.
G. APPROVAL: Any modification or variation from the insurance requirements in this Contract shall be made by the Attorney General’s Office or the Risk Manager, whose decision shall be final. Such action will not require a formal Contract amendment but may be made by administrative action.
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