Attachment F - Bid Specification Deviation Form 1A - RFB 758 2400000300.pdf

This is a Bid Specification Deviation Form for Request for Bid (RFB) 758 2400000300 issued by the Kentucky Teachers' Retirement System (KTRS) for fiduciary liability insurance. The form is designed to allow bidders to document any exceptions or deviations from the specified insurance requirements. Bidders are required to list any exceptions or deviations to the specifications on this form, with the understanding that taking exceptions to specifications may result in bid rejection. The form requests basic bidder information including the date of submission, name of agency, name of insurer, address, and underwriter's telephone number.

The form establishes legal requirements and eligibility criteria for bidders, including provisions under Kentucky Revised Statutes (KRS) 304.10-040 that allow bids from eligible surplus lines insurers if there are no responsive and responsible bidders with Certificates of Authority from the Commonwealth of Kentucky. Bidders must be eligible to operate in Kentucky and meet all specified legal and tax requirements. The form includes space for up to five exceptions or deviations, with instructions to use additional sheets if necessary, and emphasizes that only legitimate specification deviations should be listed—optional bids are explicitly prohibited.