CFE Agenda 02132023 - Laserfiche WebLink

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A copy of the agency's current certificate, from the agency's insurance carrier. Table 1 below outlines insurance types and minimums required, for each jurisdiction. If exempt from Worker's Compensation compliance, include a statement explaining why, with the agency's application materials. NOTE: Proof of insurance is not required at the time of application submission. If your agency is approved for funding, documentation of insurance must be provided to the jurisdiction awarding the funding when the contract is awarded. The insurance certificate should reflect the funding jurisdiction as an additional insured party and certificate holder and provide coverage for the duration of the funding period (July 1 — June 30). Renewal certificates must be sent to the jurisdiction 30 days prior to any expiration date, cancellation or modification of any stipulated insurance coverage. NOTE: Upon request, insurance requirements may be reviewed on a case by case basis by the Town or County. Please contact the staff identified on the Submission Requirements on Page 2 if you have questions or would like to request a review of your insurance requirements. Table 1. Forms of Liability Insurance and Minimum Policy Amounts Required INSURANCE TOWN OF CARRBORO TOWN OF CHAPEL HILL ORANGE COUNTY3 Worker's Limits for Coverage A- Compensation' Statutory State NC, for each employee Limits for Coverage B - Employers Liability of: $1,000,000 Each Occurrence $1,000,000 BID for each employee Limits for Coverage A- $1,000,000 BID policy limit Limits for Coverage A- Statutory State NC, for each Statutory State NC, for each employee The contractor shall provide employee and maintain, during the life Limits for Coverage B - of the contract, workers' Limits for Coverage B - Employers Liability of: compensation insurance as Employers Liability of: $1 million Each Occurrence required by law, as well as $1 million Each Occurrence $1,000,000 BID limit employer's liability coverage $1,000,000 BID limit as noted below. Employer's Liability: Workers'Compensation is required if the contractor/vendor has employees. Owner Waiver is acceptable for a Sole Proprietor. Commercial $1 million Each Occurrence General Liability $2 million Aggregate $1 million Each Occurrence $1 million Each Occurrence $2 million Aggregate Products/Completed $2 million Aggregate Operations, Explosion, Collapse & Underground Automobile $1 million Each Occurrence $1 million Each Occurrence $1 million Each Occurrence Liability