NSITE DOCUMENT

Insurance Requirements.docx

  • Library: Purchissues
  • Year Created: 2014
  • File Type: DOCX
The document outlines the insurance requirements for vendors working with KCDC. Vendors must carry specific types and amounts of insurance, including Commercial General and Umbrella Liability Insurance, Automobile Liability Insurance, Workers’ Compensation Insurance, and Professional Liability Insurance. The insurance policies must meet certain criteria, such as coverage limits and additional insured provisions. Vendors are also required to provide certificates of insurance, maintain coverage throughout the contract duration, and ensure subcontractors have appropriate insurance. Additionally, there are guidelines for deductibles, waivers of subrogation, policy basis, and notification requirements for any changes in coverage. Failure to comply with the insurance requirements may be considered a breach of contract.
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