NSITE DOCUMENT
VML Recommended Limits 03-27-18 - combined file.pdf
- Library: Purchissues
- Year Created: 2019
- File Type: PDF
The provided PDF document outlines risk transfer checklists for various types of contracts, including Design Professional Services, General Services, Major Construction or Hazardous Contracts, Minor Construction Contracts, and Professional Services contracts. Each checklist emphasizes the importance of requiring written contracts with indemnification agreements, adding oneself as an additional insured on the contractor's liability policy, maintaining specific insurance coverage and liability limits, and receiving certificates of insurance that meet the outlined requirements. The document stresses the need for organized record-keeping, tracking insurance policy expiration dates, and ensuring compliance with risk transfer protocols for different types of contracts.