Exhibit_K_-_Installation_Floater_Affidavit_26-B-38IF.docx
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- Solicitation number
- 26-B-38IF
- Issued by
- Volusia County, Florida
About this file
This is an Installation Floater Affidavit document submitted by an insurance broker on behalf of a bidder for Volusia County, Florida's Invitation for Bid (ITB) No. 26-B-38IF for the Heron Street, Egret Avenue, and Mallard Street Seawall Replacement Project. The affidavit certifies that the insurance broker contacted three insurance companies in an attempt to obtain Installation Floater or Builder's Risk insurance coverage with a Flood coverage extension that includes protection against flood damage resulting from storm surge caused by named and unnamed storms, as required by Exhibit A of the ITB for this beach and intracoastal waterway construction project. The document is notarized and confirms that all three insurance companies contacted were unable to provide the specified coverage for the bidder.
This affidavit serves as documentation to support a bidder's claim that commercially available Installation Floater or Builder's Risk insurance with the required flood coverage extension cannot be obtained in the current insurance market. The filing of this affidavit likely provides grounds for the bidder to request a waiver or alternative compliance method regarding the insurance requirements specified in the ITB, as the project involves substantial coastal construction work subject to hurricane-related risks and FEMA funding compliance requirements. The document reflects the challenging insurance environment for specialized coastal construction projects and allows the county to evaluate whether insurance requirement modifications are necessary for project viability.
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Text version
STATE OF
COUNTY OF
BEFORE ME, the undersigned authority, authorized in the state and county aforesaid to take acknowledgements, personally appeared ______________ (affiant), who after being duly sworn deposes and says:
Affiant is the Insurance Broker for _______________ (Contract Bidder). Contract Bidder placed a bid for ITB 26-B-38IF for Heron Street, Egret Avenue, and Mallard Street Seawall Replacement Project. ITB 26-B-38IF requires the Contract Bidder to attain the insurance contained in Exhibit A of ITB 26-B-38IF which includes a requirement for either an Installation Floater or Builder’s Risk insurance policy with a Flood coverage extension which includes coverage for Flood resulting from storm surge caused by named and unnamed storms for a beach or intracoastal waterway construction project. On behalf of the Contract Bidder, I contacted the following three (3) insurance companies to attain Installation Floater and Builder’s Risk insurance coverage for ITB 26-B-38IF:
1.________________________________________________________________
2.________________________________________________________________
3.________________________________________________________________.
The three (3) companies listed above informed me that they are not able to provide Installation and Builder’s Risk insurance coverage policy with a Flood coverage extension to the Contract Bidder in support of ITB 26-B-38IF.
SIGNED, SEALED AND DELIVERED
IN THE PRESENCE OF:
Witness signature Print Name:
(Print Name)
Witness signature
(Print Name)
The foregoing instrument was acknowledged before me by means of [__]physical presence or [ ] online notarization this ____ day of _________, 202_, by ____________ ___who is personally known and/or produced ___________________ as identification and who being duly sworn, deposes and says that the aforementioned is true and correct to his or her best knowledge.
Notary Public signature
Print Name
My commission expires:
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