Insurance_Requirements.pdf

The document details insurance requirements for RFP-605021-25 Utility Billing Software Replacement Phase 2, specifying mandatory insurance coverage for a technology project. The requirements outline comprehensive insurance specifications across five key categories: Commercial General Liability, Excess/Umbrella Liability, Cyber Liability and Technology Errors and Omissions Insurance, Crime and Employee Dishonesty Liability, and Professional Liability.

The insurance requirements establish specific monetary limits for each insurance type, including $1,000,000 per occurrence for Commercial General Liability, $2,000,000 in general aggregate coverage, $2,000,000 for Excess/Umbrella Liability, $1,000,000 for Cyber Liability per claim, $500,000 for Crime and Employee Dishonesty Liability per occurrence, and $1,000,000 for Professional Liability per claim with a $2,000,000 general aggregate. These detailed insurance specifications suggest a robust risk management approach for a utility billing software replacement project, indicating the critical nature of the technological infrastructure being implemented.