|Policies and Regulations||NEPN Code: FEG-R
Facilities Planning and Development
Construction Contracts Bidding and Awards
If applicable unit prices are not contained in the contract, the architect/engineer shall, before ordering the contractor to proceed with desired changes, request an itemized proposal covering the work involved in the change after which the procedure shall be as follows:
Bodily Injury by Accident $500,000 each accident
Bodily Injury by Disease $500,000 policy limit
Bodily Injury by Disease $500,000 each employee
Each principal contractor and all sub-contractors shall carry Commercial General Liability Insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 aggregate limit. The Commercial Liability Policy shall be written on an occurrence-based form. A Claims-Made Policy is not acceptable unless so indicated in the individual contract.
Each principal contractor and all sub-contractors shall carry Business Automobile Liability Insurance with a minimum combined single limit of $1,000,000.
Insurance for the Property and/or Builders Risk shall be determined by each individual contract.
Each principal contractor shall furnish to owners, certificates of insurance certifying to the insurance described in the above paragraphs, in companies satisfactory to owners, but owners’ approval of such certificates of insurance shall in no way relieve or release the contractor from any responsibility, liability and obligation devolving upon him. All insurance policies shall be issued only by companies authorized to do business under the laws of the State of South Dakota.
No principal contractor shall commence work under this contract until he has obtained all required insurance and until the certificates of insurance have been filed with and approved by the owner’s nor shall the principal contractor permit any sub-contractor to commence work until the sub-contractor’s required insurance has been obtained and approved by the principal contractor.
The contractor is required to maintain the above-mentioned insurance coverage until the contract is fully completed and accepted by the date established by the School Board or by use and occupancy.
The insurance herein required by each contractor shall apply to not less than his or its portion of the entire building or project.
|Rules||Board Action||(formerly 7443a)|