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 Request for Proposals (RFP) #409:10-04-24 for Escrow and Title Services issued by the Commonwealth of Virginia. The addendum revises the General Terms and Conditions to add a new section "Q. INSURANCE" which requires bidders or offerors to certify that if awarded the contract, they will have specific minimum insurance coverages in place, including $1,000,000 per occurrence and $3,000,000 aggregate for Accounting services. The addendum also states that a signed acknowledgment must be received prior to the proposal due date.
The related state and local contract opportunity is for Escrow Agent Services solicited by the Virginia Department of Energy for use by the Virginia Gas and Oil Board. The services are required in the jurisdiction of Brunswick County, Virginia. The contract term and any renewal options are not specified in the information provided.
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Text version
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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