Attachment E - FEMA R9 Presidio Vendor Insurance Requirements.pdf
PDF 799 KB Posted
- Attached to
- Kitchen Millwood and Electrical
- Solicitation number
- 70FBR925Q00000007
About this file
This is an insurance requirements document that specifies the minimum insurance coverage requirements for vendors working with Presidio Commercial and The Presidio Trust. The document outlines mandatory coverage that must be in place prior to work commencement.
The key requirements include Commercial General Liability coverage of $2,000,000 per occurrence and $3,000,000 aggregate, Automobile Liability coverage of $1,000,000 combined single limit, Workers' Compensation with statutory requirements and Employer's Liability limit of $1,000,000, and Additional Insured Endorsements naming Cushman & Wakefield U.S., Inc., The Presidio Trust, and the United States of America as additional insureds. The insurance must be provided through a company with an A.M. Best rating of no less than "A-" "VIII". The document also requires Professional Liability coverage and allows for Increased Liability Coverage (Excess/Umbrella) with limits to be specified based on project size. All certificates must list The Presidio Trust c/o Cushman & Wakefield as the certificate holder at their San Francisco address.
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Text version
IMPORTANT - NOTICE OF INSURANCE CERTIFICATE REQUIRED
THE COVERAGE INDICATED BELOW MUST be provided through an insurance company which carries an A.M.
Best rating of no less than "A-" "VIII”. A certificate indicating this coverage with separate Additional Insured Endorsement shall be on file in our office PRIOR TO COMMENCEMENT OF THE WORK, and shall provide for thirty (30) days prior written notice of cancellation or reduction of coverage.
PAYMENT WILL BE WITHHELD for work performed under your Service Contract until evidence of ALL insurance coverage’s required is received by Presidio Commercial.
The MINIMUM REQUIREMENTS ACCEPTABLE are:
1. COMMERCIAL GENERAL LIABILITY $2,000,000 each occurrence Bodily Injury and Property Damage $3,000,000 aggregate
2. AUTOMOBILE LIABILITY COVERAGE $1,000,000 combined single Bodily Injury and Property Damage limit each occurrence
This coverage must include coverage for Owned, Hired and Non-Owned Vehicles. If no owned vehicles, Hired and Non-Owned coverage is required.
3. WORKERS’ COMPENSATION STATUTORY REQUIREMENTS EMPLOYER'S LIABILITY LIMIT
$1,000,000
Statutory coverage as required by state in which the work is to be performed. If you are self-employed with no other employees, a qualified self-insured, or not required to carry Workers’ Compensation, you must submit a letter stating this, or a copy of your certificate of self-insurance. A Waiver of Subrogation endorsement issued in favor of Cushman & Wakefield U.S., Inc. and Owner must be attached to the certificate.
4. ADDITIONAL INSURED ENDORSEMENTS - (Form “B” CG 2010 107/04 or equivalent and CG 20 37 07/04). The terms of your Service Contract require you to name Cushman & Wakefield U.S., Inc., Manager and Owner- The Presidio Trust its Officers, Directors and Employees, and the United States of
America - as an Additional Insured on the endorsements to your policy (attached to the certificate). The endorsements may include the following clause, or a separate endorsement may be issued. This endorsement must be attached to the certificate:
PRIMARY COVERAGE
“The insurance afforded by this policy for the additional insured(s) is primary insurance and any other insurance maintained by or available to the additional insured(s) is non-contributory”
Note: We ask the additional insured endorsement provide coverage for “all completed operations” and
“all on-going operations performed for Cushman & Wakefield U.S., Inc., Manager and Owner - The
Presidio Trust its Officers, Directors and Employees, and the United States of America - in order to minimize paper work for you and us.
5. INCREASED LIABILITY COVERAGE (Excess/Umbrella)
Due to the size and nature of this project the minimum limits of liability for insurance shall be in excess of our standard requirements above. These minimum limits are to be: $_______________ for
PROFESSIONAL LIABILITY
This coverage must include damages by reason of any act, error, or omission committed or alleged to have been committed by the consultant or anyone for whom the consultant is legally liable, including contractual liability coverage sufficient to cover the liability assumed as indicated: $ .
6. CERTIFICATE HOLDER: (Certificate of Liability Insurance must use the following wording) The Presidio Trust c/o Cushman & Wakefield- Property Management Dept.
220 Halleck Street, Ste. G100 San Francisco, CA 94129
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