Exhibit_L_-_Installation_Floater_Affidavit_26-B-59IF.docx

DOCX document 14 KB Posted

Attached to
El Portal Vehicular Beach Access Ramp
Solicitation number
26-B-59IF
Issued by
Volusia County, Florida

About this file

This is an Installation Floater Affidavit document related to Invitation to Bid (ITB) 26-B-59IF for the El Portal Vehicular Beach Access Reconstruction project in Florida. The affidavit serves as a notarized declaration from an insurance broker confirming that good faith efforts were made to obtain required insurance coverage for a contract bidder. The project involves reconstruction of a beach access vehicular ramp destroyed during Hurricane Nicole in 2022, including composite sheet pile seawall panels, concrete cap, reinforced concrete vehicular ramp, curbing, pedestrian sidewalk, and site restoration. ITB 26-B-59IF mandates that contract bidders obtain Installation Floater or Builder's Risk insurance with a Flood coverage extension that specifically includes coverage for flood damage resulting from storm surge caused by named and unnamed storms for the beach and intracoastal waterway construction project.

The affidavit documents that the insurance broker contacted three insurance companies on behalf of the contract bidder in an attempt to secure the required Installation Floater and Builder's Risk insurance policy with Flood coverage extension. All three insurance companies denied the ability to provide this coverage for the project. The affidavit requires completion with the names of the three contacted insurers, notarization by a notary public, and witness signatures. This document functions as evidence that a bidder made diligent attempts to obtain mandated insurance coverage when such coverage may not be readily available in the current insurance market for high-risk coastal construction projects.

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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-59IF for El Portal Vehicular Beach Access Reconstruction. ITB 26-B-59IF requires the Contract Bidder to attain the insurance contained in Exhibit A of ITB 26-B-59IF 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 with a Flood coverage extension for ITB 26-B-59IF:

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-59IF.

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:

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