EXHIBIT K - Insurance Coverage.pdf

This is an insurance coverage exhibit document that establishes the insurance requirements for a state and local contract opportunity. The document requires bidders to complete Table K1, which functions as a disclosure form detailing the types and amounts of insurance coverage currently maintained by the applicant company. The specified insurance categories include General Liability, Professional Liability, Cyber Liability/Data Breach, Errors and Omissions, Commercial Auto Insurance, Commercial Umbrella Insurance, and Workers Compensation. Bidders must indicate whether they carry each type of coverage with a yes or no response and specify the corresponding coverage amounts. The exhibit also allows for the addition of relevant insurance coverage types not listed in the standard table that pertain to the specific business category.

Upon selection, the successful contractor must provide an Accord Certificate of Insurance to document and verify the insurance coverage disclosures made during the bidding process. This requirement ensures that the selected vendor maintains the insurance protections necessary to cover potential liabilities and risks associated with contract performance and service delivery.