J-1-4_Insurance.pdf
PDF 62 KB Posted
- Attached to
- Radar Tower Candelilla del Mar, Nario, Colombia
- Solicitation number
- SAQMMA16R0712
About this file
J-1-4 Insurance Policies List
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Text version
J-1-4 INSURANCE POLICIES
SOLICITATION No. SAQMMA-16-R-0712
TOWER (1) IN CANDELILLA DEL MAR, COLOMBIA
Performance Policy (Póliza de Cumplimiento): Submitted after the contractor is signed and prior to the notice to proceed in a sum equal to 30% of the value of the contract and valid for the duration of the contract and a further two months, Payment Policy (Póliza de Pago de Salarios y Prestaciones Sociales): Submitted after the contract is signed and prior to the notice to proceed in a sum equal to 20% of the value of the contract, and valid for the duration of the contract and a further three years for the salaries and social benefits of the workers.
Liability Policy ( Póliza de Responsabilidad Civil Contractual): submitted after the contract is signed and prior to the notice to proceed in a sum equal to 30% of the value of the contract, and valid for the duration of the contract and a further two months covering contractual and Third Party Civil Liability, Stability Policy (Póliza de Estabilidad): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for three years from the date of the handover of the work/ substantial completion.
Elements Quality Policy ( Póliza de Calidad de Elementos): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for one year from the date of the handover of the work/ substantial completion.
Correct Equipment Functioning Policy (Póliza de correcto funcionamiento de los equipos): Submitted when the acceptance of work is signed in a sum equal to 30% of the value of the contract, and valid for one year from the date of the handover of the work/ substantial completion
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