Insurance Requirements.pdf

This document is an Exhibit A Insurance Requirements document for contractors working with the State of Louisiana, specifically detailing mandatory insurance provisions for state contract work. The document, revised in March 2016, outlines comprehensive insurance requirements for contractors, including specific minimum coverage standards for Workers Compensation (with a $1,000,000 per accident limit), Commercial General Liability (with a $2,000,000 annual aggregate limit), and Automobile Liability (with a $1,000,000 combined single limit per accident). The requirements specify that all insurance policies must be provided by companies legally authorized to do business in Louisiana, with A.M. Best rating guidelines, and must include provisions such as 30-day cancellation notice to the agency and naming the agency as an additional insured.

The document further details verification procedures, requiring contractors to furnish Certificates of Insurance to the agency before work commences, with the State of Louisiana, the specific agency, its officers, agents, employees, and volunteers listed as certificate holders. The requirements also include provisions for subcontractors, workers compensation indemnity, and a comprehensive hold harmless agreement that requires the contractor to protect, defend, and indemnify the State of Louisiana against any claims, damages, or legal actions arising from the contractor's work. Non-compliance with these insurance requirements can result in contract suspension, discontinuation, or termination, with the contractor remaining liable for any contractual obligations despite insurance non-compliance.