Insurance_Requirements_for_TaxiWay_S_(East)_Reconstruction_Project.pdf

Insurance Requirements

Taxiway S (East) Reconstruction Project

Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by the Contractor, its agents, representatives, or employees. As a professional, Contractor must also maintain insurance against claims of negligence and failure to adhere to industry standards and best practices.

The contractor shall conform to all insurance regulations and requirements and provide OIAA with all required insurance documentation.

MINIMUM SCOPE AND LIMIT OF INSURANCE

Coverage shall be at least as broad as:

1. Commercial General Liability (CGL Insurance Services Office Form CG 00 01 covering CGL on an “occurrence” basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $10,000,000 Combined Single Limit with a carrier having an A.M. Best rating of no less than A-VII.

2. Automobile Liability: Insurance Services Office Form Number CA 0001 covering, (any auto), or if Contractor has no owned autos, (hired) and (non-owned), with limit no less than $10,000,000 per accident for bodily injury and property damage.

3. Workers’ Compensation insurance as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limits of no less than $1,000,000 per accident for bodily injury or disease. A waiver of subrogation in favor of OIAA shall apply.

4. If the Contractor maintains broader coverage and/or higher limits than the minimums shown above, the Entity requires and shall be entitled to the broader coverage and/or the higher limits maintained by the contractor. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the Entity.

5. All -Risk Property and Inland Marine Insurance shall be provided for physical damage to the property, equipment and materials on hand of Contractor shall be maintained for a minimum of one hundred percent 100%) of the replacement value of the property on site. Deductible may not exceed Ten Thousand Dollars ($10,000.00) per occurrence except Wind and Flood. For Wind and Flood, the deductible should not exceed five percent ( 5%) of property value.

6. Insurance policies required under this contract shall not contain any contractual limitations, exclusions, or restrictions that reduce or eliminate coverage otherwise available under standard Insurance Services Office (ISO) forms in the State of California. Any policy containing such limitations shall be deemed non-compliant with this agreement.

If any insurance policy contains a contractual limitation, exclusion, or restriction not permitted under this agreement, the insured party shall, at its sole expense, procure replacement coverage that meets the requirements set forth herein. Failure to maintain compliant insurance shall constitute material breach of this agreement.

7. The Contractor shall contractually require and verify that all Subcontractors maintain the same types and limits of insurance required of Contractor under this contract and meeting all the Indemnity and Insurance requirements applicable to their scope of work stated herein and provide proof of such upon request to the Entity.

8. Secured area badges and access to project locations will be subject to the insurance coverage required by the Airport.

These limits might be higher than the minimum limits detailed in this document. It is the prime contractor’s responsibility to verify and communicate the requirements to sub-contractors based on project specifics.

Additional Insured Clause. "It is further agreed such insurance as is afforded by this policy shall also apply to the Authority, its officers, directors, agents, employees, affiliates, partners, volunteers, representatives, and the Commission; as additional insureds but only with respect to legal liability or claims caused by, arising out of, or resulting directly, or indirectly from the operations of the named insured."

Waiver of Subrogation Contractor hereby grants to OIAA a waiver of any right to subrogation which any insurer of said Contractor may acquire against the OIAA by virtue of payment of any loss under such insurance.

The contractor agrees to provide a waiver of subrogation endorsement from the insurer.

Notice of Cancellation Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to the OIAA.

Special Risks or Circumstances OIAA reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances during contract period.

INSURANCE SUPPLEMENT

PLEASE RETURN WITH EVIDENCE OF INSURANCE

The only evidence of insurance accepted will be either a Certificate of Insurance and/or a True and Certified copy of the policy. The following items must accompany the form of evidence provided.

Endorsements

1. Workers’ Compensation

• Waiver of Subrogation Endorsement

WC 04 03 06 or similar

2. General Liability Additional Insured Endorsements

• ISO Standard Endorsement CG 2010 or acceptable equivalent

• Primary non-contributory endorsement CG 20 01 04 13

• Waiver of Transfer of Rights of Recovery Against Others to Us

CG 24 04 10 93

NOTE: All endorsements must specifically name in the schedule:

The Ontario International Airport Authority, its commissioners, its officers, directors, agents, employees, affiliates, partners, volunteers, and representatives.

A Blanket/Automatic Endorsement and/or Language on a Certificate of

Insurance is NOT ACCEPTABLE for

• A typed legible name of the Authorized Representative must accompany the signature on the Certificate of Insurance and/or the True and Certified copy of the policy.

INSURANCE COMPANIES WHICH DO NOT HAVE AN AM BEST RATING OF A- OR

BETTER, AND HAVE A MINIMUM FINANCIAL SIZE OF AT LEAST X, MUST BE

REVIEWED FOR ACCEPTABILITY BY ONTARIO INTERNATIONAL AIRPORT

AUTHORITY.

ONTARIO INTERNATIONAL AIRPORT

AUTHORITY INSURANCE TRACKING SYSTEM

PINSAdvantage.com

Ontario International Airport Authority (OIAA) is now using PINSAdvantage.com to track

Insurance Certificates and all related documents.

WHAT IS THE PROCESS?

1. The Ontario International Airport Authority initiates the PINS process.

2. OIAA Risk Management creates a Project/Insured in PINS and emails a request for insurance document to the Supplier/Contractor/Firm*.

3. The Supplier/Contractor/Firm forwards the request email to their Insurance Agent(s).

4. The Insurance Agent(s) logs into www.PINSAdvantage.com and completes and uploads the insurance certificate and related documents online.

*Note: Supplier/Contractor/Firm will receive the insurance request email from: no-reply@pinsadvantage.com http://www.pinsadvantage.com/ mailto:no-reply@pinsadvantage.com

Thank you for your compliance!