CTR062323 2025.03.01 COI.pdf
PDF 2 MB Posted
- Attached to
- Master Agreement AZ|CTR062323
- Contract number
- CTR062323
- Issued by
- Arizona
About this file
This document is a comprehensive insurance certificate and related endorsements for Doosan Bobcat North America, Inc., specifically involving Clark Equipment Company, with coverage provided by ACE American Insurance Company, ACE Fire Underwriters Insurance Company, and ACE Property & Casualty Insurance Company. The primary certificate holder is the State of Arizona, specifically the Arizona Department of Transportation, located in Phoenix, AZ. The insurance policies cover various liability types including commercial general liability, automobile liability, umbrella/excess liability, and workers' compensation for the policy period of 03/01/2024 to 03/01/2025.
The insurance provides multiple coverage levels, with general liability limits of $2,000,000 per occurrence and $4,000,000 aggregate, and a self-insured retention (SIR) of $4,000,000. The policies include additional insured status for the State of Arizona, waiver of subrogation rights, and non-contributory endorsements. The coverage is specifically tailored for Bobcat's equipment manufacturing and sales operations, with particular focus on their interactions and potential liabilities related to the Arizona Department of Transportation. The policies cover bodily injury, property damage, and other potential risks arising from Bobcat's business operations, with careful provisions to limit the state's exposure and ensure comprehensive protection under various operational scenarios.
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Other files
| File | Type | Posted |
|---|---|---|
| 2024.03.01 COI.pdf | ||
| APPROVED SIR Letter2023-2024.pdf | ||
| CTR062323_Contract_Amendment_Summary_Three__3_.pdf | ||
| CTR062323_Contract_Amendment_Summary_Two__2_.pdf | ||
| CTR062323_Contract_Documents.pdf | ||
| CTR062323_Pricing.xls | XLS spreadsheet | |
| 2023-03-01 COI.pdf | ||
| CTR062323_Contract_Amendment_Summary_One__1_.pdf |
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Text version
03/01/2024
03/01/2025
X
C
4,000,000
SCFC50674241 (WI)
X
22667
2,000,000
A
X
B
03/01/2025 X
ACE Fire Underwriters Insurance Company
03/01/2024
CN102401270-DIII.-3/1-24-25
X
1,000,000
20699
ATL-005489242-09
03/01/2024
X
4,000,000
05/01/2024
X
03/01/2025
2,000,000
X
1,000,000 1,000,000
A
03/01/2025
03/01/2024
X
20702
ISAH10691205
WLRC50674174 (AOS)
XEU G46840860 007
2,000,000
This insurance is primary and non-contributory over any existing insurance and limited to liability arising out of the operations of the named insured subject to policy terms and conditions.
State of Arizona, and its departments, agencies, boards, commissions, universities, officers, officials, agents, and employees are included as additional insured where required by written contract with respect to Automobile and Commercial General Liability. Waiver of subrogation is applicable where required by written contract and subject to policy terms and conditions.
Bobcat Company Clark Equipment Company
Buford, GA 30518 2475 Mill Center Parkway, Suite 400
2,000,000
ACE American Insurance Company
X
100 North Tryon Street, Suite 3600
MARSH USA LLC.
Charlotte, NC 28202
XSLG47300204
ACE Property & Casualty Insurance Company
N
Phoenix, AZ 85009
The State of Arizona 1324 N. 22nd Ave
03/01/2024
A
2,000,000X
SIR $4,000,000
X
1,000,000
03/01/2025
X e6906 Accepted
Wayne M. Naylor, Director Global Risk Management & Insurance
2475 Mill Center Parkway, Ste 400, Buford, GA 30518 Phone +1 678-714-6109 Wayne.Naylor@doosan.com
Clark Equipment Company Dba Bobcat Company Insurance & Risk Management RiskandInsurance@doosan.com
April 11, 2024
The State of Arizona Arizona Department of Transportation 1324 N. 22nd Avenue, MD 128A Phoenix, AZ 85009
RE: General Liability
Self-Insured Retention (SIR) Practices for Clark Equipment Company, dba Bobcat Company, hereinafter referred to as "The Company", is a business that markets and sells Compact Construction Equipment and Grounds Maintenance Equipment to customers in Arizona, including ADOT.
Based on its financial condition, The Company utilizes an SIR mechanism as an equivalent to third-party provided insurance for portions of its aggregate commercial general liability risk. We do not self-insure Auto Liability or Workers’ Compensation.
Under the General Liability SIR, The Company self-insures for this risk at the level and dollar amounts, up to $4 Million, on a per occurrence basis. Above our SIR we purchase Excess Commercial General Liability insurance.
As an equipment manufacturer, the scope of service in our agreement(s) with ADOT does not include any non-public use of the State of Arizona's and/or ADOT's right-of-way. The Company maintains adequate levels of retained earnings or revenue to meet these self-insuring obligations. Copies of the Annual Report are available and electronic copies will be provided upon request.
The Company agrees to waive its rights of recovery in subrogation as to ADOT, its officials and employees for all claims, damages, losses, liabilities, or expenses relating to, arising from, or resulting from work performed by or on behalf of The Company.
ADOT shall have additional insured status with respect to The Company's self-insured retention and its excess commercial general liability insurance to the scope and extent of ISO Form CG20100413; and with all stated coverages limited to the amounts specified in the ADOT Permit Insurance Matrix.
The Company’s self-insurance shall be primary and any insurance maintained by ADOT shall not contribute to, or be excess of, The Company’s self-insurance.
As part of the SIR, The Company assumes responsibility to respond to any loss or risk relating to, arising from, or resulting from work performed by or on behalf of The Company, to the extent that standard insurer policies would respond to an insurable loss.
Sincerely,
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