ESBD_457895_1760629059897_Attachment 5-Supplementary General Conditions.pdf

PDF 177 KB Posted

Attached to
CCRC Roof Replacement
Solicitation number
3202600006
Issued by
Travis County, Austin City, Texas

About this file

This document is Attachment 5 - Supplementary General Conditions, which outlines two key contractual requirements for a procurement opportunity. The first requirement mandates that the Contractor must obtain and maintain an "umbrella" liability insurance policy during the contract term, covering 100% of the total awarded Contract amount, including any alternate pricing. The insurance policy must provide coverage that is at least as broad as the primary liability coverages and includes a "drop down" provision for situations where underlying primary insurance coverage limits are insufficient or exhausted.

The second key provision establishes liquidated damages at $300.00 per day, which represents a predetermined financial penalty that will be assessed if the Contractor fails to meet contractual obligations or experiences project delays. While the specific project details are not included in this attachment, the insurance and damages clauses suggest this is a significant contract with potential financial consequences for non-performance, indicating the importance of careful contract management and risk mitigation by the awarded Contractor.

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Text version

ATTACHMENT 5 - SUPPLEMENTARY GENERAL

CONDITIONS

1. . Contractor must obtain, pay for and maintain umbrella liability insurance during the Contract term, insuring Contractor (or Subcontractor) for the amount equal to one hundred percent (100%) of the Contract Sum (total awarded Contract), including any selected alternate pricing amounts, that provides coverage at least as broad as and applies in excess and follows form of the primary liability coverages required hereinabove. The policy must coverage limits are insufficient or exhausted.

2. Liquidated Damages. Liquidated damages have been determined as $300.00 per day.

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