Insurance_Requirements.pdf

INSURANCE REQUIREMENT

A. COMMERCIAL GENERAL LIABILITY: Contractor agrees to maintain Commercial General Liability insurance per ISO form CG0001 or its equivalent, including but not limited to coverage for premises and operations, personal injury,products & completed operations, liability assumed under an insured contract, and independent contractors with limits of not less than $1,000,000 each occurrence, $2,000,000 aggregate covering all work performed under this contract. Contractor agrees to endorse Sarasota County as an additional insured on the Commercial General Liability coverage.

SPECIALIZED REQUIREMENTS (LIABILITY EXPOSURES)

PROFESSIONAL LIABILITY: Consultant agrees to maintain Professional Liability insurance, or equivalent Errors & Omissions Liability insurance, with limits not less than $1,000,000 per claim/occurrence and in the aggregate for professional services rendered under this contract. If coverage is written on a claims-made basis: a. Any retroactive date shall precede the effective date of this contract; b. Consultant shall provide certificates of insurance evidencing the required coverage for a period of two years after final payment under this contract is made, or provide evidence showing Consultant has obtained a two year extended reporting period endorsement.

SPECIALIZED REQUIREMENTS (LIABILITY EXPOSURES)

D. PROFESSIONAL LIABILITY: Consultant agrees to maintain Professional Liability insurance, or equivalent Errors & Omissions Liability insurance, with limits not less than $1,000,000 per claim/occurrence and in the aggregate for professional services rendered under this contract. If coverage is written on a claims-made basis: a. Any retroactive date shall precede the effective date of this contract; b. Consultant shall provide certificates of insurance evidencing the required coverage for a period of two years after final payment under this contract is made, or provide evidence showing Consultant has obtained a two year extended reporting period endorsement.

INSURANCE CONTRACT LANGUAGE CLAUSES

for perils of earthquake, flood and windstorm, unless otherwise approved by the County.

Q. GARAGEKEEPER’S LEGAL LIABILITY: Contractor agrees to maintain

Garagekeeper’s Legal Liability, or equivalent Garage Liability coverage at a limit of not less than $X00,000 per occurrence against Comprehensive and Collision/Upset causes of loss. An “on-hook liability” endorsement, or equivalent coverage, is required for the above limits in the event Contractor is responsible for towing any County vehicles.

R. PROPERTY COVERAGE (COUNTY PROPERTY): Contractor agrees to maintain Bailee’s Customer Property insurance, All Risk Property insurance, or equivalent coverage for County property in the care, custody and control of Contractor. Limits shall not be less than full replacement cost for the amount of County property in Contractor’s possession.

S. MARINA OPERATOR’S LEGAL LIABILITY: Contractor agrees to maintain

Marina Keepers Legal Liability insurance, or equivalent coverage, at a limit of not less than $X0,000 per occurrence against damage to any vessels in Contractor’s care, custody and control.

Updated 9/12/2023