Attachment F - Bid Quotation Form 1 - RFB 758 2300000459.pdf

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Attached to
KDVA Directors & Officers Liability Insurance
Solicitation number
RFB 758 2300000459 3
Issued by
Greenup County, Kentucky

About this file

This is a Bid Quotation Form for RFB 758 2300000459 issued by the Kentucky Department of Veterans Affairs (KDVA) for Directors & Officers Liability and Employment Practices Liability Insurance. The coverage is requested on a claims-made basis for the named insured, with a policy period running from 12:01 a.m. March 31, 2023 through 12:01 a.m. March 31, 2024. Bidders are required to provide premium quotes for a limit of insurance of $2,000,000 per claim with a $2,000,000 general aggregate, with nil deductibles for both Directors & Officers claims and Employment Practices claims.

Pricing shall include the base premium for the stated coverage limits, a 1.8% Kentucky Surcharge, and a 3% Surplus Lines Tax if applicable, with all costs to be reflected in the total premium including tax line item. Bidders must submit their agency name, insurer name, authorized representative signature, date, printed name of authorized representative, title, and telephone number on the form. The form provides blank line items for the bidder to enter the premium amounts for each coverage component and the applicable taxes, with a final total premium due field.

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Text version

RFB 758 2300000459

ATTACHMENT F – BID QUOTATION FORM 1

KDVA DIRECTORS & OFFICERS LIABILITY INSURANCE

BID QUOTATION FORM 1

Invitation No. _____________________ Date:________________________________________

DESIRED COVERAGE

Directors & Officers Liability/Employment Practices Liability Insured on a claims made basis for the named insured.

POLICY PERIOD

12:01 a.m. March 31, 2023 to 12:01 a.m. March 31, 2024

LIMIT OF INSURANCE

Provide bids on the following limits:

$2,000,000 each claim $________________ $2,000,000 general aggregate Nil deductible for each Directors & Officers claim $________________ Nil deductible for each Employment Practices claim

TAXES

1.8% Kentucky Surcharge $________________

3% Surplus Lines Tax (if applicable) $________________

TOTAL PREMIUM (INCLUDING TAX) $________________

(Name of Insurance Agency) (Name of Insurer)

(Signature of Agency Authorized Rep) (Date)

(Agency Authorized Rep – Print Name)

(Title) (Telephone)

RESTRICTION ON COMMUNICATIONS

File details come from the government source that posted it. Updated .