ESBD_File_334398_insurance document 2019.docx

DOCX document 14 KB Posted

Attached to
Rental Equipment
Solicitation number
082223
Issued by
Erath County, Texas

About this file

The provided document is an attachment detailing the insurance requirements for a contract between a vendor and Tarleton State University, located in the state of Texas. The vendor must maintain various insurance coverages, including workers' compensation, automobile liability, and commercial general liability, for the duration of the agreement. The minimum required coverage limits are specified for each type of insurance.

The related state and local contract opportunity is for the rental of equipment by Tarleton State University, located in Erath County, Texas. The university is seeking bids for the rental of various pieces of equipment, but the specific items are not detailed in the provided information.

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ESBD_File_334398_Equipment Rental Package 2023.pdf PDF

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Text version

Attachment A

The [Vendor] shall obtain and maintain, for the duration of this Agreement or longer, the minimum insurance coverage set forth below. With the exception of Professional Liability (E&O), all coverage shall be written on an occurrence basis. All coverage shall be underwritten by companies authorized to do business in the State of Texas and currently rated A- or better by A.M. Best Company or otherwise acceptable to Owner. By requiring such minimum insurance, the Owner shall not be deemed or construed to have assessed the risk that may be applicable to the [Vendor] under this Agreement. The [Vendor] shall assess its own risks and if it deems appropriate and/or prudent, maintain higher limits and/or broader coverage. The [Vendor] is not relieved of any liability or other obligations assumed pursuant to this Agreement by reason of its failure to obtain or maintain insurance in sufficient amounts, duration, or types. Required insurance shall not be cancelable without thirty (30) days’ prior written notice to Owner.

Insurance:

Coverage

Limit

A.
Worker’s Compensation
Statutory Benefits (Coverage A)
Statutory
Employers Liability (Coverage B)
$500,000 Each Accident

$500,000 Disease/Employee

$500,000 Disease/Policy Limit

If this coverage is waived by System Risk Management, the contractor, his employees and subcontractors must sign hold harmless and indemnification agreement.

B.
Automobile Liability
Owned Vehicles
$1,000,000
Non-owned Vehicles
$1,000,000
Hired Vehicles
$1,000,000
C.
Commercial General Liability
Aggregate Limit
$2,000,000
Each Occurrence Limit
$1,000,000
Products/Completed Operations
$1,000,000
Personal/Advertising Injury
$1,000,000
Damage to rented Premises
$ 100,000
Medical Payments
$ 5,000

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