Attachment B - Insurance Requirements.pdf

This document is a Standard Insurance Requirements document from the University of Colorado's University Risk Management department, detailing mandatory insurance coverage specifications for contractors performing goods and services for the university. The document outlines three primary insurance coverage types: Commercial General Liability (with aggregate limits of $2,000,000 and per occurrence limits of $1,000,000), Automobile Liability (with a combined single limit of $1,000,000 for owned, non-owned, and hired vehicles), and Workers' Compensation (with statutory coverage and specific liability limits).

The document specifies additional insurance requirements, including that all insurers must be licensed in Colorado, possess a minimum A.M. Best's Insurance Guide rating, and provide a Certificate of Insurance to the University. Contractors must name "The Regents of the University of Colorado" as an additional insured, maintain policies on a primary basis, and include a separation of insureds clause. The university reserves the right to terminate the contract if insurance requirements are not fully met, and the document emphasizes that these insurance specifications do not reduce the contractor's liability or indemnification responsibilities. The document was revised in August 2018 and applies to contractors performing work for the University of Colorado.