Contract Summary

This is an Acknowledgement and Instruction to Bind document issued by the Board of Regents of the University of Nebraska on April 2, 2026. The document authorizes Aon Risk Services Central, Inc. (Commercial Risk Solutions) to bind insurance coverage with XL Insurance America, Inc. (AXA XL) for the Early Works Builders Risk Policy covering Project Health. The transaction was initiated following receipt of information on March 30, 2026, and represents an extension and renewal of existing coverage.

The Early Works Builders Risk Policy for Project Health extends coverage from April 9, 2026, to August 31, 2026, with Policy Number US00154654CA25A. The carrier, XL Insurance America, Inc., established a premium of $28,892 for this extension period. This premium is exclusive of Surplus Lines Taxes, policy surcharges, and fees. The extension premium is in addition to the initial policy period premium of $61,000, which ran from June 9, 2025, to April 9, 2026. The document confirms that no return premium will be issued in the event of early completion. The University of Nebraska accepted this coverage option as indicated in the acknowledgement.