Escrow Agent Services Addendum 1.pdf
PDF 223 KB Posted
- Attached to
- Escrow Agent Services
- Solicitation number
- 78836
- Issued by
- Brunswick County, Virginia
About this file
This document is an addendum to a Request for Proposals (RFP) issued by the Commonwealth of Virginia for Escrow and Title Services (RFP # 409:10-04-24). The addendum modifies the General Terms and Conditions of the RFP to require that the successful offeror maintain a minimum of $1,000,000 per occurrence and $3,000,000 aggregate in professional liability insurance coverage. The contract will be used by the Virginia Department of Energy for the Virginia Gas and Oil Board, primarily serving Brunswick County.
The proposal is due on the date specified in the original RFP. A signed acknowledgment of this addendum must be submitted prior to the proposal due date or attached to the proposal. The original bid document must also be signed. No other changes to the RFP requirements are noted in this addendum.
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October 4, 2024
ADDENDUM NO. 1 TO ALL OFFERORS:
Reference – Request for Proposals: RFP # 409:10-04-24 Commodity: Escrow and Title Services Dated: October 4, 2024 For Delivery To: Departments, Institutions, Agencies, Commonwealth of Virginia Proposal Due: See Below
The above is hereby changed to read:
1. Reference Page 16, General Terms and Conditions: Change to add “Q. INSURANCE: By signing and submitting a bid or proposal under this solicitation, the bidder or offeror certifies that if awarded the contract, it will have the following insurance coverage at the time the contract is awarded. For construction contracts, if any subcontractors are involved, the subcontractor will have workers’ compensation insurance in accordance with §§ 2.2-4332 and 65.2-800 et seq. of the Code of Virginia. The bidder or offeror further certifies that the contractor and any subcontractors will maintain these insurance coverages during the entire term of the contract and that all coverage will be provided by companies authorized to sell insurance in Virginia by the Virginia State Corporation Commission.
MINIMUM INSURANCE COVERAGES AND LIMITS:
Profession/Service Limits Accounting $1,000,000 per occurrence, $3,000,000 aggregate”
Note: A signed acknowledgment of this addendum must be received at the location indicated on the RFP either prior to the proposal due date and hour or attached to your proposal. Signature on this addendum does not substitute for your signature on the original bid document. The original bid document must be signed.
Sincerely, Megan Sturgill Contract Officer Phone: 276-523-8119
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