9-Insurance Requirements.pdf

This is an Insurance Requirements document for Broward County, Florida, establishing mandatory coverage and limits for vendors performing work on the Dynamic Signs Maintenance and Repairs contract at Fort Lauderdale-Hollywood International Airport. Vendors must obtain and maintain Commercial General Liability coverage with minimum limits of $1,000,000 per occurrence and $2,000,000 general aggregate, along with Products/Completed Operations coverage with the same aggregate limit. Additional required coverage includes Bodily Injury and Property Damage insurance at $1,000,000 per occurrence/$2,000,000 aggregate, Workers' Compensation insurance as required by Florida law, and Employers' Liability coverage with $1,000,000 per occurrence limits. Property Damage coverage must not exceed 50 percent of the completed contract value, with a maximum deductible of $10,000. For Back Accident claims, the maximum deductible is $5,000.

The document stipulates that Broward County must be listed as Certificate Holder and endorsed as an additional insured for liability coverage, with the exception of Professional Liability. Vendors bear responsibility for all coverage deductibles unless otherwise specified in the agreement. Vendors may not require County contribution from project funding or self-insurance except as defined for Professional Liability. Self-insured retention (SIR) arrangements require County approval and proof of financial ability to cover potential losses. The vendor assumes responsibility for all coverage deductibles unless otherwise stated in the contract. Notice of cancellation requirements include 30 days' written notice for cancellation and 10 days' notice for non-payment, and insurance must remain in force throughout the contract period.