DOCUMENT

POL - Insurance Requirements - City of Altamonte Springs 2009

  • YEAR CREATED: 2009
  • ENTITY TYPE: City/Township
  • TYPE OF DOCUMENT: POL - Policies/Procedures
This document provides information on the insurance requirements for contractors and vendors working for the City of Altamonte Springs. The insurance requirements are categorized into three sections based on the quotes provided. For quotes ranging from $1,000 to $7,499.99, contractors must have Commercial General Liability insurance with coverage of $500,000 for General Aggregate, Products and Completed Operations Aggregate, Personal and Advertising Injury, and Each Occurrence. The City of Altamonte Springs must be named as an "Additional Insured." Auto Liability insurance with a combined single limit of $500,000 is also required. Workers' Compensation insurance is mandatory, and contractors may exclude themselves from coverage by submitting a valid Exclusion Form, but this exemption is limited to company officers and restricted to three total exemptions. For quotes ranging from $7,500 to $24,999.99, the insurance requirements are increased. Contractors must have Commercial General Liability insurance with coverage of $1,000,000 for General Aggregate, Products and Completed Operations Aggregate, Personal and Advertising Injury, and Each Occurrence. The City of Altamonte Springs must be named as an "Additional Insured." Auto Liability insurance with a combined single limit of $1,000,000 is also required. The Workers' Compensation insurance requirements remain the same. For quotes exceeding $25,000, the Procurement and Risk Management department will handle and determine the types of coverage and limits required for each solicitation or purchase. Professional Engineering Services will require General Liability/Professional Liability Insurance, and the Risk Manager may require a Builder's Risk Installation Floater. Overall, the document outlines the specific insurance requirements that contractors and vendors must meet when working for the City of Altamonte Springs, depending on the value of the quotes provided.
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