The Fascinating World of Insurance, Indemnification and Contracts. AOA 2015 Annual Conference Pasadena, CA. Presented by: Zachary Gifford
|
|
- Stephen Robbins
- 5 years ago
- Views:
Transcription
1 AOA 2015 Annual Conference Pasadena, CA The Fascinating World of Insurance, Indemnification and Contracts Presented by: Zachary Gifford Director, CSU Systemwide Risk Mgmt. Daniel J. Howell, CSURMA Program Director Alliant Insurance Services
2 Presentation Outline Indemnification Insurance Requirements Drafting to Fit the Need Verification of Coverage Document Retention Policy & Procedure Claims Sources of Knowledge Conclusion & Questions 1
3 Hidden (and Uninsured) Costs of Accidents Time lost from work by injured Lost time by fellow workers Loss of efficiency due to breakup of crew Lost time of supervision Decreased output of injured worker on return Cost to hire replacement employee Cost of training and/or break-in of new employee 2
4 Hidden (and Uninsured) Costs of Accidents (cont.) Overtime paid to remaining employees Clerical time Building or facility damage Tool and equipment damage Production and/or schedule delays and liquidated damages potential From International Risk Management Institute, Inc. 3
5 Indemnification How Does it Work? Insurance language flows from agreements made in indemnification Insurance is the "collateral" for the indemnification. Ensures that there are funds available to back up most of the indemnity provisions. Start with negotiating CSU s preferred indemnity language and then move on to the insurance to support the indemnity. 4
6 Hold Harmless vs. Additional Insured 5
7 Three Main Types of Indemnification 1. Strict (or Type I ) Indemnification Contractor indemnifies entity for all claims costs arising from project except entity s Sole Negligence or willful misconduct. 2. Intermediate Form (Construction Projects) Contractor Indemnifies except for entity s active negligence or willful misconduct 3. Limited Form Contractor indemnifies for contractor s negligence Can be used for cross indemnity comparative negligence See OGC requirements. 6
8 Note On Hold Harmless Agreements: It is important to make certain that attorney fees and litigation expenses are assumed by the contractor in the indemnity and hold harmless section of the contract. Failure to do so will result in these expenses not being covered. Additionally, the new Commercial General Liability form restricts defense costs to only those lawsuits involving issues that are covered perils under the contractor's insurance 7
9 Additional Insured Endorsement The most preferred insurer endorsement is Insurance Services Office (ISO) Form No. CG , covering damages arising from your work = rev. date = Nov Covers both products and completed operations ( your work ) as well as ongoing operations, with potential to cover your sole negligence as well. Newer forms may have to be accepted rev. dates or latest =
10 Additional Insured Endorsement Newer endorsements forms that are acceptable, if CG not available: CG = ongoing operations CG = your work = products completed operations hazard Must have both to get the same coverage as the form The and versions of the forms above eliminate coverage for your sole negligence 9
11 04 13 changes Impact to AI Endorsement Provides AI coverage only for contractor s sole negligence. Sets up potential for conflict of interest between named and additional insureds Insurer will want to show named insured 0% at fault, to eliminate coverage for AI AI will want to show named insured at least 1% at fault, to trigger coverage Conflict could serve no other purpose than to erode the available limits by paying for AI defense! Due to changes in Insured Contract definition 10
12 Changes in Latest Endorsements Limits contractual liability coverage to vicarious liability of the indemnitee Only provides coverage to the amount of insurance requested. > We have added suggested language to the manual that should be reviewed with University Counsel New CG endorsement is a benefit for handing AI status with subcontractors where there is a written requirement for subs to indemnify owner 11
13 Additional Insured Endorsement Be wary of non ISO / carrier specific endorsements Can contain limitations, such as Amended Duties in the event of occurrence, claim or suit Condition 12
14 Just Say No? Where to Draw the Line At what point will the campus/organization be so exposed that the proposed indemnity clause is too risky? Recommendation: Focus on indemnification before insurance. Recommendation: Involve campus Risk Management team in negotiations that deviate from approved indemnity language. 13
15 Insurance Requirements Drafting to Fit the Need Evaluate the risk Who could be harmed? Visitors attracted? What are the activities and maximum likely loss? Dangerous? Crowds? Pollution? Alcohol? Where? On vs. off campus? Site control? When? Night? During sporting events? How likely would the campus/organization be a defendant if there is a loss? 14
16 The Risk Management Process Identify exposures Analyze exposures Consider feasibility of alternative techniques to treat exposure 1. Prevention/reduction 2. Retention 3. Risk financing 4. Avoidance 5. Transfer Select the best technique Implement technique Monitor results and change as needed. 15
17 Key Insurance Industry Terminology (First) Named Insured, Additional named insured, Additional insured Severability of interest this cross liability clause describes the separation of insureds and allows additional insured to claim against insured but also be treated separately Insured contract definition Occurrence vs. claims-made coverage Prior acts (nose) and extended reporting (tail) coverage Per Occurrence vs. Annual Aggregate limit Deductible vs. Self-Insured Retentions See also on-line insurance dictionaries.. 16
18 The Basics Avoid terms that do not have meaning in the insurance industry Request coverage on an occurrence basis, except professional liability can be claims-made. Describe maximum deductibles or self insured retentions Require the addition of the campus or organization, etc. as an additional insureds by endorsement to all policies except workers' compensation and professional liability. 17
19 The Basics (cont d) Require the other party's insurance be primary Require at least 30 days notice of cancellation Require an aggregate limit higher than the occurrence limit (note TULIP program has 1x agg.) Specify that insurance be placed with insurers that meet a A.M. Best's minimum rating of A-:VII Financial Strength to determine if carrier is strong enough to back the insurance contract that is backing the indemnification language Management Rating = Letters Financial Size Category = Roman Numerals A Cut-through endorsement to a higher rated reinsurer may be used to solve a low rated carrier problem with SORM review. 18
20 The Basics (cont d) Require that the contractor s insurer waive subrogation against University Subrogation is the requirement that the insured transfer rights of recovery to the insurer. i.e.. Insurer pays claim for property damage, seeks recovery from third party CSU does not want to be that third party! If necessary, only waive CSU s right to subrogation on property, and even that creates significant exposure. Example claim: The vending machine. 19
21 Basic Types if Insurance Coverage Contractor Bonds: Bid Bond: Contractor will enter contract at bid amount. Performance Bond: Contractor will perform job and complete the contract. Payment Bond: Contractor will deliver the project free of subcontractor/materials providers liens. 20
22 Basic Types if Insurance Coverage Liability for torts, Fed/State statutory actions General Liability: Commercial General Liability form, formerly Comprehensive General Liability. Bodily Injury, Personal Injury, Liquor liability Host vs. sales Property Damage third party property Products & Completed Operations includes insured contracts, but not breach of contract. 21
23 Basic Types if Insurance Coverage Liability Coverages (cont d) Auto Liability note transportation of hazardous substances and the MCS 90 form Directors & Officers Liability (D&O) called Public officials liability if contracting with a public entity Employment Practices Liability (EPL) Employee benefits liability (plan management) Professional Liability (E&O) When is professional liability needed in addition to general liability? Hands vs. Head Additional insured status is not applicable to D&O and E&O. 22
24 Basic Types of Insurance Coverages Property Insurance Coverages Special Form formerly called All risk, form broader coverage than named perils or extended perils. Excludes earthquake and flood Course of Construction sometimes called Builder s Risk may include Eq. & Flood Inland Marine/Installation Floaters Miscellaneous Coverages Aircraft Watercraft Technology/research/spacecraft 23
25 Basic Types of Insurance Coverages Workers Compensation Coverage A: Statutory benefits prescribed by law Coverage B: Employer s Liability (EL) this is not employment practices liability (EPL). EL covers common law actions outside of the statutory benefits coverage Other Related Coverages: USL&H long shore and harbor workers (on the dock) Jones Act workers on the water Railroad Defense Base Act 24
26 Insurance Policy Forms Standard forms issued by the insurance Services Office (ISO). Larger insureds can negotiate manuscript forms. Recent Additions to ISO CGL policy forms and additional insured endorsement forms severely limit coverage Definition of insured contract Defense within the limits for non vicarious liability Elimination of coverage for completed operations Review of Sample forms and a workaround to keep coverages 25
27 Insurer Ratings Will they be there? Two Main Insurer Rating Agencies Standard & Poor s A.M. Best Best s Ratings Standard and Poor s A++, A+ Superior AAA Extremely Strong A, A- Excellent AA +/- Very Strong B++, B+ Very Good A +/- Strong B, B- Good BBB +/- Adequate C++, C+ Fair BB +/- Less Vulnerable C, C- Marginal B +/- More Vulnerable D Below Minimum Standards CCC +/- Currently Vulnerable E Under State Supervision CC +/- Currently Highly Vulnerable F In Liquidation R Under Regulatory Supervision +,- These signs following the letter rating indicate the relative position within the class Italics represent minimum recommended. 26
28 Best s Financial Size Category (FSC) Reported Capital, Surplus and Conditional Reserve Funds (in Millions) FSC VII $50 to $100 Minimum rec. FSC VIII 100 to 250 FSC IX 250 to 500 FSC X 500 to 750 FSC XI 750 to 1,000 FSC XII 1,000 to 1,250 FSC XIII 1,250 to 1,500 FSC XIV 1,500 to 2,000 FSC XV Greater than $2,000 27
29 Cumulative Average Impairment Rates by Best Financial Strength Rating* 60% 50% 40% 30% 20% 10% 0% Insurers with strong ratings are far less likely to become impaired over long periods of time. Especially important in long-tailed lines Average Years to Impairment D C/C- C++/C+ B/B- B++/B+ A/A- A++/A+ *US P/C and L/H companies, Sources: A.M. Best: Best s Impairment Rate and Rating Transition Study , March 1,
30 How Much Coverage is Enough? Guidelines matrix High, Moderate, Low Tort costs increased 5.1% in 2010, 8.7% average annual increase since 1951! (Towers Watson s US Tort Costs: 2011 Update) $1 million in 1986 is over $4 million today with PV based on COLA $1 million in 1986 is over $9 million today with PV based on tort inflation Analyze the Exposure Maximum Possible vs. Maximum Probable Loss 29
31 30
32 Rating Alternative Risk Transfer Vehicles Many organizations are moving to alternative Risk Financing Vehicles Self Insurance Workers Compensation regulated stand alone, and Self Insured Groups Liability not regulated High self insured retention Risk Retention Groups Captive Insurance Company How does one evaluate these ART Vehicles? 31
33 Bid Situations Would your campus/organization decline a bid not meeting the minimum requirements? Drafting with wiggle room to allow the entity to accept the best bid in light of all the facts and circumstances. 32
34 When CSU/A.O. is the Contractor Role Reversal Can the CSU or Auxiliary Organization comply with the Insurance Requirements? > CSURMA s programs have significant elements of self-insurance and pooling that is not traditional insurance > CSURMA issues certificates of coverage not certificates of insurance. > The University and auxiliary organizations should include agreement language that allows for selfinsurance and/or pool participation 33
35 Verification of Coverage Having a Process What is your threshold for obtaining certificates, vs. policies vs. endorsements? How do you determine the appropriate coverages and limits? How do you determine and respond to noncompliance? Will the job be delayed or halted? Leverage after commencement? Using the Process HDIKT How do I know that an audit trail documenting compliance Get Involved Early Sample Certificate Sample Checklist 34
36 Certificate of Liability Insurance (Annotated Form) 35
37 Sample Checklist 36
38 Document Retention Policy & Procedure Your Certificates & Endorsements are your insurance policy. How long does your campus/organization keep its own insurance policies? Alternative storage methods. 37
39 Claims Responding to Loss Events Reporting to Contractor s Insurers The Subcontractor s Subcontractor Chasing Certificates and Endorsements Special Situations (such as Underwater Construction, Asbestos Removal, Blasting). Negotiating Your Coverage 38
40 Sources of Knowledge Peer group Campus Risk Management team Access to their resource pool Systemwide Office of Risk Management Main line (562) CSURMA Program Administrators at Alliant Main line (415) The risk management community Manuals Feedback through campus risk management Developing a library based on experience Odds are, this is not the first time the issue has come up no need to reinvent the wheel! 39
41 Sources of Knowledge 40
42 Discussion and Questions 41
Effective Contractual Risk Transfer is Free Insurance! CSU Fitting the Pieces Conference April 23, 2012 Presented by: Charlene M. Minnick, Assistant
Effective Contractual Risk Transfer is Free Insurance! CSU Fitting the Pieces Conference April 23, 2012 Presented by: Charlene M. Minnick, Assistant Vice Chancellor, Risk Management & Public Safety Dan
More informationADM.21 INSURANCE AND INDEMNITY REQUIREMENTS FOR CONTRACTS
ADM.21 INSURANCE AND INDEMNITY REQUIREMENTS FOR CONTRACTS Washington Cities Insurance Authority PO Box 88030 Tukwila, WA 98138 (206) 575-6046 TABLE OF CONTENTS Insurance and Indemnity Requirements for
More informationElements of Contractual Risk Transfer
Elements of Contractual Risk Transfer DENISE SIMPSON JUNE 13, 2016 2016 ARTHUR J. GALLAGHER & CO. BUSINESS WITHOUT BARRIERS What is Risk? Risk- the uncertainty about outcomes that can either be negative
More informationINSURANCE AND INDEMNIFICATION MANUAL. Supplement to Policy 560 i
INSURANCE AND INDEMNIFICATION MANUAL Supplement to Policy 560 Table of Contents.1 INTRODUCTION... 1.2 EXHIBIT I INSURANCE AND INDEMNITY REQUIREMENTS FOR CONSTRUCTION AND SERVICE CONTRACTS... 1 2.1 INDEMNIFICATION/HOLD
More informationEXHIBIT B. Insurance Requirements for Construction Contracts
EXHIBIT B Insurance Requirements for Construction Contracts Contractor shall procure and maintain for the duration of the contract, and for 3 years thereafter, insurance against claims for injuries to
More informationSUBCONTRACTOR INSURANCE REQUIREMENTS Version 3/1/2018
SUBCONTRACTOR INSURANCE REQUIREMENTS Version 3/1/2018 The cornerstone of a successful contractual risk transfer program is a consistent approach to Subcontractor Insurance Compliance. Structuring the Subcontractor
More informationTRENTON AGRI PRODUCTS LLC INSURANCE & INDEMNIFICATION TERMS & CONDITIONS
TRENTON AGRI PRODUCTS LLC INSURANCE & INDEMNIFICATION TERMS & CONDITIONS These Insurance & Indemnification Terms & Conditions ( Terms ) are hereby incorporated in and made a part of each and every written
More informationGlossary of Risk Management And Insurance Terms
Glossary of Risk Management And Insurance Terms - 2 - Glossary of Terms ~ A ~ Act of God A natural event which causes property damage such as a hurricane, earthquake, or flood. Actual cash value The value
More informationCoverage for Contractual Risk Transfer and Additional Insured Issues. Jeffrey J. Vita and Edwin L. Doernberger Saxe, Doernberger & Vita, P.C.
Coverage for Contractual Risk Transfer and Additional Insured Issues Jeffrey J. Vita and Edwin L. Doernberger Saxe, Doernberger & Vita, P.C. 1 Outline Introduction Contractual Indemnity Additional Insured
More informationEXHIBIT G. Insurance Requirements. [with CCIP]
SECTION 1 GENERAL INSURANCE REQUIREMENTS EXHIBIT G Insurance Requirements [with CCIP] A. CCIP. Contractor has implemented a Contractor Controlled Insurance Program ( CCIP ) to furnish certain insurance
More informationEXHIBIT B. Insurance Requirements for Environmental Contractors and/or Consultants
EXHIBIT B Insurance Requirements for Environmental Contractors and/or Consultants Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries to persons
More informationCONTRACTUAL RISK TRANSFER SPONSORED BY
CONTRACTUAL RISK TRANSFER SPONSORED BY Slide 1 Contractual Risk Transfer November 8, 2013 Bruce Thomas, CIC, CPCU, CRIS Slide 2 Exposure Manager 5 Steps 5. Monitor account 4. Implement technique 3. Select
More information5.0 TERREBONNE PARISH CONSOLIDATED GOVERNMENT, DEFINED.
ARTICLE 5 - Bonds and Insurance 5.0 TERREBONNE PARISH CONSOLIDATED GOVERNMENT, DEFINED. For the purposes of this Article, the terms Terrebonne Parish Consolidated Government, TPCG, and OWNER shall include,
More informationPresentation to Association of Corporate Counsel Arizona Chapter
Presentation to Association of Corporate Counsel Arizona Chapter Interaction Between Coverage of Additional Insureds, Insured Contracts, and Indemnity Michael L. Parrish Stinson Leonard Street LLP Indemnity
More informationINSURANCE PROVISIONS AND CASUALTY LOSSES
Presented: 2017 Bernard O. Dow Leasing Institute Houston, Texas November 10, 2017 South Texas School of Law INSURANCE PROVISIONS AND CASUALTY LOSSES Aaron Johnston, Jr. Author contact information: Aaron
More informationMCGOUGH STANDARD INSURANCE REQUIREMENTS
MCGOUGH STANDARD INSURANCE REQUIREMENTS B1. Insurance. Prior to commencing any Subcontract Work hereunder, the Subcontractor shall procure, maintain and pay for insurance of the type and with the minimum
More informationSelected Insurance Issues in Commercial Real Estate Transactions Understanding the Nuances
Selected Insurance Issues in Commercial Real Estate Transactions Understanding the Nuances Richard A. Fineman, Esquire and Andrew H. Wagner, MBA What is Insurance? Insurance is the transfer of risk via
More informationCONTRACT INSURANCE AND INDEMNIFICATION
SECTION 10 CONTRACT INSURANCE AND INDEMNIFICATION PREFACE How can this Contract Insurance and Indemnification information help you? Explains risk analysis: Helps you to analyze the potential risks associated
More informationREQUIRED AT PROPOSAL STAGE:
DATE: February 13, 2019 SUBJECT: ADDENDUM #1-2401 E. PACIFIC COAST HIGHWAY WILMINGTON, CA 90744 The Port of Los Angeles 2401 E. Pacific Coast Highway Wilmington, CA 90744 Request for Lease Proposals Exhibit
More informationCASTAIC LAKE WATER AGENCY STANDARD CONTRACT RISK TRANSFER PROVISIONS, GENERAL CONDITIONS and REQUIRED INSURANCE for
CASTAIC LAKE WATER AGENCY STANDARD CONTRACT RISK TRANSFER PROVISIONS, GENERAL CONDITIONS and REQUIRED INSURANCE for SMALL CONSTRUCTION CONTRACT Typical CLWA services that would use Small Contracts with
More informationEXHIBIT B-8 (revised) INSURANCE REQUIREMENTS FOR AIRCRAFT / AIRPORT OPERATION CONTRACTS
INSURANCE REQUIREMENTS FOR AIRCRAFT / AIRPORT OPERATION CONTRACTS Indemnity The Contractor shall indemnify, defend, and hold harmless the County of Santa Clara (hereinafter "County"), its officers, agents
More informationCITY OF TACOMA Water Supply
CITY OF TACOMA Water Supply ADDENDUM NO. 1 DATE: 6/29/2018 REVISIONS TO: Request for Bids Specification No. 2018 Cathodic Protection Installations NOTICE TO ALL BIDDERS: This addendum is issued to clarify,
More informationDebbie Sines Crockett CHEFFY PASSIDOMO ATTORNEYS AT LAW Tampa & Naples, Florida
2017 Risk Management Conference Airport Council International North America Friday, January 13, 2017 Debbie Sines Crockett DSCrockett@NaplesLaw.com CHEFFY PASSIDOMO ATTORNEYS AT LAW Tampa & Naples, Florida
More informationTERREBONNE PARISH CONSOLIDATED GOVERNMENT INSURANCE REQUIREMENTS CONTRACTORS
TERREBONNE PARISH CONSOLIDATED GOVERNMENT INSURANCE REQUIREMENTS CONTRACTORS ARTICLE 5- Bonds and Insurance 5.1 PERFORMANCE AND OTHER BONDS: 5.1.1 CONTRACTOR shall furnish performance and payment Bonds,
More informationRISK TRANSFER PROVISIONS
RISK TRANSFER PROVISIONS ARE YOU PROTECTED? ARE YOU EXPOSED? JONATHAN A. CASS JOHN A. GREENHALL TRAVIS SHAFFER OCTOBER 1, 2018 TOPICS The basics on contractual indemnifications and insurance requirements
More informationALL PROOFS OF INSURANCE NAMING COUNTY AS ADDITIONAL INSURED MUST BE RECEIVED PRIOR TO COMMENCEMENT OF WORK
ALL PROOFS OF INSURANCE NAMING COUNTY AS ADDITIONAL INSURED MUST BE RECEIVED PRIOR TO COMMENCEMENT OF WORK ALL CONTRACTS MUST INCLUDE THE FOLLOWING 1-9 LANGUAGE 1. Contractor shall procure and maintain
More informationCoverage for Contractual Risk Transfer and Additional Insured Issues
Coverage for Contractual Risk Transfer and Additional Insured Issues Jeffrey J. Vita and Edwin L. Doernberger Tracy Alan Saxe Saxe, Doernberger & Vita, P.C. Introduction Outline Contractual Indemnity Additional
More informationGeneral Contract Comments The contract s Insurance Requirements should include the following terms or similar wording: It is understood and agreed tha
Contractual Risk Transfer/Hold Harmless/Indemnification Best Practices to Consider Many contractors require other contractors and subcontractors with whom they work to sign written job contracts. However,
More informationSTRUCTURAL ENGINEERS ASSOCIATION OF ARIZONA. Gail S. Kelley, P.E., Esq., LEED AP June 3, 2017
STRUCTURAL ENGINEERS ASSOCIATION OF ARIZONA Gail S. Kelley, P.E., Esq., LEED AP June 3, 2017 2 Engineer shall indemnify, defend, and hold harmless the Client Suggested changes: Delete the word defend Edit
More informationARTICLE V Indemnification; Insurance
ARTICLE V Indemnification; Insurance 5.1 The Recipient shall act as an independent contractor, and not as an employee, agent, partner, joint venturer, representative or associate of the City, in operating
More informationRequired Insurance Language for PRF Construction Contracts
Required Insurance Language for PRF Construction Contracts When working with legal counsel to affect a construction contract for new construction or for build-outs the Office of Risk Management (ORM) requires
More informationSAMPLE INSURANCE AGREEMENT - CONTRACTOR (Asbestos/Lead Abatement Contractors)
SAMPLE INSURANCE AGREEMENT - CONTRACTOR (Asbestos/Lead Abatement Contractors) contractor hereby agrees to effectuate the naming of the school as an additional insured on the contractor's insurance polices,
More informationUM Insurance Language Guide
UM Insurance Language Guide Standard Clauses and Insurance Language December 2017 University of Missouri Risk & Insurance Management Table of Contents Key Components Checklist... 4 Red Flags for Insurance
More informationCity of Rolling Hills INCORPORATED JANUARY 24, 1957
City of Rolling Hills INCORPORATED JANUARY 24, 1957 NO. 2 PORTUGUESE BEND ROAD ROLLING HILLS, CA 90274 (310) 377-1521 FAX (310) 377-7288 Permit requirements and application for collection and disposal
More informationL O S S C O N T R O L
L O S S C O N T R O L CONTRACTORS' ADVISORY INFORMATION GENERAL AND SUBCONTRACTORS INDEMNITY AND INSURANCE AGREEMENTS INTRODUCTION To meet the needs of many of our Producers or Agents who have developed
More informationHarbor Department Agreement City of Los Angeles
Harbor Department Agreement City of Los Angeles FIRST AMENDMENT TO FOREIGN-TRADE ZONE OPERATING AGREEMENT NO. 11-2985 BETWEEN THE CITY OF LOS ANGELES AND KOMAR DISTRIBUTION SERVICES JL ^^ THIS FIRST AMENDMENT
More informationRail Owner Controlled Insurance Program Manual
Rail Owner Controlled Insurance Program Manual Addendum No. 4 to June 2013 Edition (Updated 08-21-17) Update to Section 5 Enrolled and Excluded Contractor Required Coverage for Package P Contract Section
More informationPROFESSIONAL SERVICES and NON-CONSTRUCTION CONRACTS
CASTAIC LAKE WATER AGENCY STANDARD CONTRACT RISK TRANSFER PROVISIONS, GENERAL CONDITIONS, REQUIRED INSURANCE and CALIFORNIA LABOR CODE REQUIREMENTS for PROFESSIONAL SERVICES and NON-CONSTRUCTION CONRACTS
More informationContractual Risk Transfer in Construction Contracts
Contractual Risk Transfer in Construction Contracts Presented by: The Reschini Group 2008 Zywave Inc. All rights reserved. Contractual Risk Transfer Definition: Contractual Risk Transfer is the shifting
More informationSANDY CITY CENTENNIAL PARKWAY SANDY, UTAH DEPARTMENT OF ADMINISTRATIVE SERVICES DIVISION OF PURCHASING MARCH 2017
SANDY CITY 10000 CENTENNIAL PARKWAY SANDY, UTAH 84070 DEPARTMENT OF ADMINISTRATIVE SERVICES DIVISION OF PURCHASING MARCH 2017 INVITATION FOR BID: This is a formal solicitation of sealed bids which will
More informationREQUEST FOR PROPOSALS PROFESSIONAL SERVICES FOR GREEN INFRASTRUCTURE PLAN
REQUEST FOR PROPOSALS PROFESSIONAL SERVICES FOR GREEN INFRASTRUCTURE PLAN CITY OF SAN MATEO, CALIFORNIA PUBLIC WORKS DEPARTMENT 330W. 20 TH AVENUE SAN MATEO, CA 94403 The City of San Mateo hereby requests
More informationI SIGNED THAT? SCARY STORIES & SOLUTIONS
I SIGNED THAT? SCARY STORIES & SOLUTIONS Contract Clauses and Practices That Impact Your Insurance Costs and Bottom Line Geoffrey S. Gavett Gavett, Datt & Barish, P.C. Presented by Chesapeake Region Safety
More informationINSURANCE REQUIREMENTS Chicago Department of Aviation Certified Service Provider Program ( CSPP )
INSURANCE REQUIREMENTS Chicago Department of Aviation Certified Service Provider Program ( CSPP ) A Certified Service Provider ( CSP ) must provide and maintain at its own expense, during the term of its
More informationOCIP Contract Language
Page 1 of 12 7. Insurance Requirements OCIP Contract Language 7.1 COUNTY Provided Insurance. COUNTY will provide an Owner Controlled Insurance Program ( OCIP ) for the Project. The OCIP will be administered
More informationSYRACUSE UNIVERSITY Contractor Insurance Requirements The Contractor shall provide, maintain and deliver during the term of this Agreement the following insurance with at least the minimum coverages and
More informationCONTRACT GUIDANCE FOR TROUT UNLIMITED CHAPTERS AND COUNCILS.
CONTRACT GUIDANCE FOR TROUT UNLIMITED CHAPTERS AND COUNCILS. Table of Contents. Table of Contents. 1 I. Introduction. 2 II. Required Reviews and Getting Help. 2 III. Existing TU Policies. 3 IV. TU's Liability
More informationAUXILIARY SERVICES RISK RESPONSIBILITY ASSESSMENT CHECKLISTS
AUXILIARY SERVICES RISK RESPONSIBILITY ASSESSMENT CHECKLISTS I. Background and Purpose. Enumerated functions may be performed by auxiliary organizations in good standing for each campus of the California
More informationThe Role of the Certificate
Catherine Trischan, CPCU, CRM, CIC, ARM, AU, AAI, CRIS, MLIS The Role of the Certificate Informational Does it change the policy? Disclaimer language 1 Certificate Holder Expectations I will get an accurate
More informationTEMPORARY SERVICE APPLICATION (HYDRANT METERS)
TEMPORARY SERVICE APPLICATION (HYDRANT METERS) Order Taken By: Account No: Date: Work Order No.: TYPE (Please check one) New Service Exchange Meter Relocate Meter Discontinue Service BILLING DATA SERVICE
More informationINSURANCE REQUIREMENTS FOR CONSTRUCTION PROJECTS Effective Date: April 23, 2018
INSURANCE REQUIREMENTS FOR CONSTRUCTION PROJECTS Effective Date: April 23, 2018 The contract documents for each construction project will identify the standard specifications to be used for that specific
More informationTRENDS IN ADDITIONAL INSURED COVERAGE
Workshop W7 Wednesday, November 14 1:30 3:30 p.m. TRENDS IN ADDITIONAL INSURED COVERAGE Presented by Craig F. Stanovich Principal Consultant Austin & Stanovich Risk Managers LLC The scope of coverage provided
More informationInsurance Requirements
SECTION A. CONTRACTOR shall procure, pay for and maintain the following insurance written by companies approved by the State of Texas and acceptable to CITY. The insurance shall be evidenced by delivery
More information2018 Cyber & Tech Liability Risk Transfer Update Part 2
2018 Cyber & Tech Liability Risk Transfer Update Part 2 For: PARMA February 15, 2018 (Revised 2.19.2018) Copy of handout at www./parma2.pdf By: Robert J. Marshburn, CRM, CIC, ARM, CRIS, CISC, CCIP R. J.
More information2018 Risk Transfer Update Part 1
2018 Risk Transfer Update Part 1 For: PARMA February 15, 2018 By: Robert J. Marshburn, CRM, CIC, ARM, CRIS, CISC, CCIP R. J. Marshburn & Associates Laguna Beach, California Bob@ Disclaimer: This material
More informationSCHOOL DISTRICT CONTRACTS PITFALLS AND OPPORTUITIES
SCHOOL DISTRICT CONTRACTS PITFALLS AND OPPORTUITIES January 27, 2017 Bill Cornell Preg O Donnell & Gillett, PLLC This information contained in this presentation is not legal advice. Your are encouraged
More informationRobert M. Currey & Associates, Inc.
Robert M. Currey & Associates, Inc. Risk Management Advocate for the Real Estate Industry One Beacon Street, 22 nd Floor, Boston MA 02108 617-536-1750 www.robertmcurrey.com Outsourced Real Estate Risk
More informationNEA Community Learning Center LLC Insurance Proposal
NEA Community Learning Center LLC 2014-2015 Insurance Proposal Prepared By: Thuy Ly, Director, School Insurance California Charter Schools JPA P.O. Box 969, Weimar, CA 95736 Phone: (888) 901-0004 Fax:
More informationARTIST PARTICIPATION AGREEMENT FOR SANTA CRUZ RECYCLED ART PROGRAM 2018 WORK FOR HIRE PROJECT AND GALLERY SHOW
ARTIST PARTICIPATION AGREEMENT FOR SANTA CRUZ RECYCLED ART PROGRAM 2018 WORK FOR HIRE PROJECT AND GALLERY SHOW THIS AGREEMENT ( Agreement ) is made this day of XXX, 2017 between CITY of Santa Cruz, a municipal
More informationADDENDUM A. Subcontractor Insurance Requirements
ADDENDUM A Subcontractor Insurance Requirements Certificates and endorsements must be received and approved prior to the start of any work. No payments will be released until all insurance documents are
More informationInsurance Issues TABLE OF CONTENTS
TABLE OF CONTENTS I. INTRODUCTION... 1 II. PARTIES TO THE POLICY... 1 III. THE RISK OF NO INSURANCE... 2 A. Certificates Of Insurance Are Not Insurance... 2 1. Not Reasonable to Rely on an ACORD Certificate
More informationCounty of Riverside Human Resource Dept. Risk Management Div. Insurance Requirements In Contracts JEFFREY L. HUNTER SR RISK ANALYST
County of Riverside Human Resource Dept. Risk Management Div. Insurance Requirements In Contracts JEFFREY L. HUNTER SR RISK ANALYST INSURANCE REQUIREMENTS IN CONTRACTS The County s insurance requirements
More informationEXHIBIT C PROFESSIONAL SERVICES CONTRACT TEMPLATE
EXHIBIT C PROFESSIONAL SERVICES CONTRACT TEMPLATE AGREEMENT BETWEEN THE City OF BEVERLY HILLS AND [Consultant S NAME] FOR [BRIEFLY DESCRIBE PURPOSE OF THIS CONTRACT] NAME OF Consultant: insert name of
More informationBUILDING SERVICES AGREEMENT
BUILDING SERVICES AGREEMENT THIS BUILDING SERVICES AGREEMENT (the Agreement ) is made this day of, 2015, by and between the City of Panama City, a municipality of the State of Florida (the City ) and E.
More informationCCIP ADDENDUM. Blasting or any blasting operations;
CCIP ADDENDUM 1. Overview. The Contractor has arranged with Aon Risk Services South, Inc., (the CCIP Administrator ) to be insured under its Contractor Controlled Insurance Program ( CCIP ). The CCIP is
More informationSCANA Corporation. AEGIS Insurance Services, Inc.
ESSENTIALS OF CONTRACTUAL RISK TRANSFER: INSURANCE ISSUES WITH CONTRACTORS, VENDORS, & SUPPLIERS David P. Abernathy, Esq. Vice President & General Counsel Spire, Inc. Bryony Bowers Hodges, Esq. Assistant
More informationJust Marry! Online Wedding Agreement THIS AGREEMENT IS YOUR WEDDING EVENT CONTRACT PLEASE READ IT CAREFULLY
Just Marry! Online Wedding Agreement THIS AGREEMENT IS YOUR WEDDING EVENT CONTRACT PLEASE READ IT CAREFULLY By using Just Plan!, our online wedding planning service, selecting and submitting your desired
More informationINDEMITY AND HOLD HARMLESS AGREEMENT
INDEMITY AND HOLD HARMLESS AGREEMENT (Individual / Group / Contractor) agrees to release, indemnify, and hold harmless the CITY OF VENTNOR and/or the Atlantic County Municipal Joint Insurance Fund, and
More informationWHAT EVERY LAWYER SHOULD KNOW ABOUT INSURANCE COVERAGE
WHAT EVERY LAWYER SHOULD KNOW ABOUT INSURANCE COVERAGE Jean H. Hurricane SSL Law LLP John S. Worden Schiff Hardin LLP 1 2 I. TYPES OF INSURANCE 3 4 FIRST PARTY V. THIRD PARTY 5 CLAIMS MADE V. OCCURRENCE
More informationAllocating Risk in Real Estate Leases: Contractual Indemnities, Additional Insured Endorsements and Waivers of Subrogation
Presenting a live 90-minute webinar with interactive Q&A Allocating Risk in Real Estate Leases: Contractual Indemnities, Additional Insured Endorsements and Waivers of Subrogation Structuring Lease Provisions
More informationForeword About the Editors About the Contributors. Definitions and Comparisons of Commonly Used Titles 1
Contents Foreword About the Editors About the Contributors Introduction xv xvii xix xxvii CHAPTER ONE Definitions and Comparisons of Commonly Used Titles 1 ERIKA BLOMQUIST I. Named Insureds 1 A. First
More informationNorth Idaho College Alcohol Permit Packet
North Idaho College Alcohol Permit Packet This packet consists of General Information/Guidelines, Alcohol Permit Application and Alcohol Permit Agreement Please read all sections. GENERAL INFORMATION Purpose:
More informationAGREEMENT BETWEEN THE VENTURA COUNTY TRANSPORTATION COMMISSION AND Conrad LLP FOR PROFESSIONAL SERVICES
AGREEMENT BETWEEN THE VENTURA COUNTY TRANSPORTATION COMMISSION AND Conrad LLP FOR PROFESSIONAL SERVICES This is an agreement ( Agreement ) by and between the Ventura County Transportation Commission, hereinafter
More informationSample. Sub-Contractor Insurance & Indemnification Agreement
Sample Sub-Contractor Insurance & Indemnification Agreement This Agreement, as negotiated herein, is entered into by and between Subcontractor and Parish/School. For good and valuable consideration, the
More informationDichotomizing CGL Coverage for Construction Defects
Dichotomizing CGL Coverage for Construction Defects AGC of America - Surety Bonding and Risk Management January 31, 2018 Patrick J. Wielinski 2 Dichotomies Topics for Today Learning to: Recognize basic
More informationEffects of State Laws & Insurance Coverage Jim Wescoe Weber Gallagher Simpson Stapleton Fires & Newby, LLP
Effects of State Laws & Insurance Coverage Jim Wescoe Weber Gallagher Simpson Stapleton Fires & Newby, LLP TRUCKING INDUSTRY DEFENSE ASSOCIATION 3601 EAST JOPPA ROAD BALTIMORE, MD 21234 T 866-856-7960
More informationNot operate above a maximum speed of 10 miles per hour; Have a gross weight of less than 80 pounds, excluding cargo;
Conditions of Approval for Personal Delivery Device PDD Use Permit Updated November 13, 2017 A. The operation of any PDD shall not commence in, on or over the surface of any public thoroughfare, right-of-way
More informationEDUCATION AND ADVANCED EDUCATION (PUBLIC SCHOOL DISTRICTS AND PUBLIC POST SECONDARY INSTITUTIONS) OWNER INSURED CONSTRUCTION PROJECTS
EDUCATION AND ADVANCED EDUCATION (PUBLIC SCHOOL DISTRICTS AND PUBLIC POST SECONDARY INSTITUTIONS) OWNER INSURED CONSTRUCTION PROJECTS Indemnification and Insurance Clauses (to be included in Supplementary
More informationWESTERN RIVERSIDE COUNCIL OF GOVERNMENTS EQUIPMENT PURCHASE AGREEMENT
WESTERN RIVERSIDE COUNCIL OF GOVERNMENTS EQUIPMENT PURCHASE AGREEMENT This Equipment Purchase Agreement ( Agreement ) is entered into this day of, 20, by and between the Western Riverside Council of Governments,
More informationINSURANCE EXHIBIT TO CONSTRUCTION AGREEMENT Insurance Requirements Owner Controlled Insurance Program
*THIS INSURANCE EXHIBIT IS SUBJECT TO FINAL UPDATE BASED ON QUOTE NEGOTIATIONS AND DECISION BY OWNER TO IMPLEMENT THE OCIP PROGRAM FOR THIS PROJECT IT IS BEING PROVIDED FOR INFORMATION ONLY, TO PROSPECTIVE
More informationROCHESTER SCHOOLS MODERNIZATION PROJECT PHASE 2b School Without Walls Commencement Academy INSURANCE REQUIREMENTS
INSURANCE REQUIREMENTS 00 73 16-1 SECTION 00 73 16 - INSURANCE REQUIREMENTS Contractor shall obtain at its own cost and expense all the insurance described below (the Required Insurance ) that will protect
More informationCITY OF ROMULUS CHAPTER 39: PURCHASING
CITY OF ROMULUS CHAPTER 39: PURCHASING CITY OF ROMULUS ORDINANCE NO. AN ORDINANCE TO AMEND PORTIONS OF CHAPTER 39 AND TO ADD ADDITIONAL SECTIONS TO CHAPTER 39 OF THE PURCHASING ORDINANCE OF THE CITY OF
More informationREQUEST FOR PROPOSAL (RFP) for PROFESSIONAL CONSULTING SERVICES. to perform an
REQUEST FOR PROPOSAL (RFP) for PROFESSIONAL CONSULTING SERVICES to perform an ANALYSIS OF IMPEDIMENTS TO FAIR HOUSING CHOICE 24 C.F.R. 570.601 (a) (2) 24 C.F.R. 91.225 (a) June 27, 2011 ALL PROPOSALS ARE
More informationfor Landlords and Tenants Negotiating Insurance, Indemnity and Mutual Waiver of Subrogation Provisions
Presenting a live 90 minute webinar with interactive Q&A Commercial Leases: Risk Mitigation Strategies for Landlords and Tenants Negotiating Insurance, Indemnity and Mutual Waiver of Subrogation Provisions
More informationADDENDUM TO AGCC3. Unless otherwise stated, the contract price includes all taxes.
ADDENDUM TO AGCC3 This is an Addendum to the AGCC3 Long Form Standard Subcontract and shall amend and modify the Subcontract and any Contract Documents. 1. Section 3: Add the following language: Unless
More informationPROFESSIONAL SERVICES FOR CONSTRUCTION MANAGER AT RISK (CMAR) FOR THE MOBILE DOWNTOWN TERMINAL BROOKLEY AEROPLEX MOBILE, ALABAMA
MOBILE AIRPORT AUTHORITY PROFESSIONAL SERVICES FOR CONSTRUCTION MANAGER AT RISK (CMAR) FOR THE MOBILE DOWNTOWN TERMINAL BROOKLEY AEROPLEX MOBILE, ALABAMA REQUEST FOR PROPOSAL (RFP) Date: September 24,
More informationINDEMNIFICATION AND INSURANCE AGREEMENT BY AND BETWEEN COUNTY of CONTRA COSTA AND RENEW FINANCIAL GROUP LLC
INDEMNIFICATION AND INSURANCE AGREEMENT BY AND BETWEEN COUNTY of CONTRA COSTA AND RENEW FINANCIAL GROUP LLC This Indemnification and Insurance Agreement (the Agreement ) is entered into by and between
More informationRISK TRANSFER THROUGH CONTRACTING. Amy Larson, Licensed Attorney Risk and Litigation Manager City of Bloomington, Minnesota August 15, 2018
RISK TRANSFER THROUGH CONTRACTING Amy Larson, Licensed Attorney Risk and Litigation Manager City of Bloomington, Minnesota August 15, 2018 DISCLAIMER The material being provided in this presentation is
More informationREQUEST FOR PROPOSALS For Geotechnical Engineering Services Citywide Failed Streets Geotechnical Studies CITY OF SAN MATEO, CALIFORNIA
REQUEST FOR PROPOSALS For Geotechnical Engineering Services Citywide Failed Streets Geotechnical Studies CITY OF SAN MATEO, CALIFORNIA The City of San Mateo hereby requests proposals for Geotechnical Investigation
More informationCITY OF MONTEREY REQUEST FOR PROPOSALS TO PROVIDE ON-CALL REALTOR SERVICES FOR AFFORDABLE HOUSING
CITY OF MONTEREY REQUEST FOR PROPOSALS TO PROVIDE ON-CALL REALTOR SERVICES FOR AFFORDABLE HOUSING Release Date: Friday, January 19, 2018 Due Date: Friday, February 16, 2018, 4:00 p.m. Housing Programs
More informationPHILADELPHIA REDEVELOPMENT AUTHORITY INSURANCE REQUIREMENTS
PHILADELPHIA REDEVELOPMENT AUTHORITY INSURANCE REQUIREMENTS The individual or entity seeking to enter into a contract with the Philadelphia Redevelopment Authority or who is entering into a contract with
More informationContractors Risk Management Practices
Contractors Risk Management Practices An Educational Guide Courtesy of DBH Resources, Inc. TABLE OF CONTENTS Page 1 of 32 INTRODUCTION Each year, the landscape for the construction industry becomes more
More informationConstruction Management Contract This agreement is made by (Contractor) and (Owner) on the date written beside our signatures.
Construction Management Contract This agreement is made by (Contractor) and (Owner) on the date written beside our signatures. Contractor Address Address City, Zip Work Phone Number: Cell Phone Number:
More informationINDEMNITIES AND INSURANCE: ARE YOU COVERED?
INDEMNITIES AND INSURANCE: ARE YOU COVERED? ABA Section of Real Property, Trust & Estate Law Leasing Group Conference Call March 4, 2010 Jon F. ( Chip ) Leyens, Jr. (jleyens@steeglaw.com) Steeg Law Firm,
More informationCOMMENTARY. Navigating the Treacherous Waters of California s Expanded Anti-Indemnity Laws for Construction Projects JONES DAY
April 2013 JONES DAY COMMENTARY Navigating the Treacherous Waters of California s Expanded Anti-Indemnity Laws for Construction Projects California s long-standing anti-indemnity laws prohibit a public
More informationresponsibility of Tenant and/or Construction Contractors or Construction Subcontractors to pay.
responsibility of Tenant and/or Construction Contractors or Construction Subcontractors to pay. (h) Primary Coverage. For claims arising out of or relating to work on the Specific Project, Tenant s insurance
More informationATTACHMENT AA Scope of Work Communication Services Interpretation and Translation
ATTACHMENT AA Scope of Work Communication Services Interpretation and Translation Vendors providing services under this contract agree to provide interpretation and or translation services to an applicant
More informationAuditors On The Road Area Training (OTRAT) July 20, Vendor and Contract Risk Management (workbook and guide)
Auditors On The Road Area Training (OTRAT) July 20, 2018 Vendor and Contract Risk Management (workbook and guide) Presented by: Robert Ruiz, TAC Associate Director of RMS Todd Kisel, TAC Risk Management
More informationREQUEST FOR PROPOSALS For On-Call Surveying Services CITY OF SAN MATEO, CALIFORNIA
REQUEST FOR PROPOSALS For On-Call Surveying Services CITY OF SAN MATEO, CALIFORNIA The City of San Mateo hereby requests proposals for On-Call Surveying Services. All questions regarding this Request for
More informationInsurance Requirements. The Bidder shall be required to procure, at its sole cost and expense, all insurance required by this Attachment.
GROUP 31503 BITUMINOUS CONCRETE HOT MIX ASPHALT VPP PAGE 1 of 7 Insurance Requirements The Bidder shall be required to procure, at its sole cost and expense, all insurance required by this Attachment.
More informationOREGON STATE UNIVERSITY
OREGON STATE UNIVERSITY SUPPLEMENTAL GENERAL CONDITIONS To The PUBLIC IMPROVEMENT GENERAL CONDITIONS Project Name: Magruder Hall Hospital Expansion & Renovation The following modify the November 1, 2016
More information