Insurance Requirements.pdf

TOWN OF ADDISON, TEXAS

CONTRACTOR INSURANCE REQUIREMENTS & AGREEMENT

REQUIREMENTS

Contractors performing work on TOWN OF ADDISON property or public right-of-way shall provide the TOWN OF ADDISON a certificate of insurance or a copy of their insurance policy(s) (and including a copy of the endorsements necessary to meet the requirements and instructions contained herein) evidencing the coverages and coverage provisions identified herein within ten (10) days of request from TOWN OF ADDISON. Contractors shall provide TOWN OF ADDISON evidence that all subcontractors performing work on the project have the same types and amounts of coverages as required herein or that the subcontractors are included under the contractor’s policy. Work shall not commence until insurance has been approved by

TOWN OF ADDISON.

All insurance companies and coverages must be authorized by the Texas Department of Insurance to transact business in the State of Texas and must have a A.M. Best’s rating A-:VII or greater.

Listed below are the types and minimum amounts of insurances required and which must be maintained during the term of the contract. TOWN OF ADDISON reserves the right to amend or require additional types and amounts of coverages or provisions depending on the nature of the work.

TYPE OF INSURANCE AMOUNT OF INSURANCE PROVISIONS

1. Workers’ Compensation Employers’ Liability to include:

(a) each accident

(b) Disease Policy

Limits

(c) Disease each employee

Statutory Limits per occurrence

Each accident $1,000,000 Disease Policy Limits $1,000,000 Disease each employee$1,000,000

TOWN OF ADDISON to be provided a

WAIVER OF SUBROGATION AND 30

DAY NOTICE OF CANCELLATION or material change in coverage.

Insurance company must be A-:VII rated or above.

2. Commercial General (Public) Liability to include coverage for:

a) Bodily Injury

b) Property damage

c) Independent

Contractors

d) Personal Injury

e) Contractual Liability

Bodily Injury/Property Damage per occurrence $1,000,000, General Aggregate $2,000,000 Products/Completed Aggregate $2,000,000, Personal Advertising Injury per occurrence $1,000,000, Medical Expense 5,000

TOWN OF ADDISON to be listed as ADDITIONAL INSURED and provided

30 DAY

NOTICE OF CANCELLATION or material change in coverage.

Insurance company must be A-:VII rated or above.

3. Business Auto Liability to include coverage for:

a) Owned/Leased vehicles

b) Non-owned vehicles

c) Hired vehicles

Combined Single Limit $1,000,000

TOWN OF ADDISON to be listed as ADDITIONAL INSURED and provided

30 DAY NOTICE OF CANCELLATION

or material change in coverage.

Insurance company must be A:VII-rated or above.

Certificate of Liability Insurance forms (together with the endorsements necessary to meet the requirements and instructions contained herein)may be faxed to the Purchasing Department: 972-450-7074 or emailed to:

purchasing@addisontx.gov. Questions regarding required insurance should be directed to the Purchasing Manager.

With respect to the foregoing insurance,

1. All liability policies shall contain no cross liability exclusions or insured versus insured restrictions applicable to the claims of the Town of Addison.

mailto:purchasing@addisontx.gov

2. All insurance policies shall be endorsed to require the insurer to immediately notify the Town of Addison, Texas of any material change in the insurance coverage.

3. All insurance policies shall be endorsed to the effect that the Town of Addison, Texas will receive at least thirty (30) days' notice prior to cancellation or non-renewal of the insurance.

4. All insurance policies, which name the Town of Addison, Texas as an additional insured, must be endorsed to read as primary coverage regardless of the application of other insurance.

5. Insurance must be purchased from insurers that are financially acceptable to the Town of Addison and licensed to do business in the State of Texas.

All insurance must be written on forms filed with and approved by the Texas Department of Insurance. Upon request, Contractor shall furnish the Town of Addison with complete copies of all insurance policies certified to be true and correct by the insurance carrier.

This form must be signed and returned with your quotation. You are stating that you do have the required insurance and if selected to perform work for TOWN OF ADDISON, will provide the certificates of insurance (and endorsements) with the above requirements to TOWN OF ADDISON within 10 working days.

A CONTRACT/PURCHASE ORDER WILL NOT BE ISSUED WITHOUT EVIDENCE AND APPROVAL OF

INSURANCE.

AGREEMENT

I agree to provide the above described insurance coverages within 10 working days if selected to perform work for TOWN OF ADDISON. I also agree to require any subcontractor(s) to maintain insurance coverage equal to that required by the Contractor. It is the responsibility of the Contractor to assure compliance with this provision. The TOWN accepts no responsibility arising from the conduct, or lack of conduct, of the Subcontractor.

Project/Bid#_______________________________________________________________

Company:___________________________________________________________________

Printed Name: _____________________________________________________

Signature:_____________________________ Date: ___________________________