Insurance_Requirements.pdf

This document is Exhibit 1 - City of Tampa Insurance Requirements, detailing comprehensive insurance specifications for firms/contractors engaging in work or services with the City of Tampa, Florida. The document outlines mandatory insurance coverage types and minimum coverage limits for contracts, including Commercial General Liability (CGL), Automobile Liability (AL), Worker's Compensation (WC), and Excess (Umbrella) Liability Insurance. Each insurance type has specific requirements, such as CGL coverage with limits of $1M per occurrence and $2M aggregate, AL insurance with $500,000 combined single limit, and WC coverage as required by Florida law.

The insurance requirements mandate that all insurers must be admitted in the State of Florida with a current A.M. Best rating of no less than A-VII, and policies must cover the City, its elected officials, departments, officers, and employees as additional insureds. Firms must provide certificates of insurance prior to beginning work, with renewal certificates submitted at least 30 days before expiration. The document also specifies provisions for claims made, deductibles, policy performance, and a waiver of subrogation, with the most recent revision dated 10/5/2022. These requirements are part of the City of Tampa's risk management strategy to ensure comprehensive protection for municipal interests across various potential liability scenarios.