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HomeMy Public PortalAboutExhibit MSD 71C - MSD Insurance RequirementsMSD INSURANCE REQUIREMENTS – EFFECTIVE 10/15/2022; revised 12/13/2022 Commercial General Business Auto Workers Comp -‘Other’- Excess Umbrella Pollution Liability (if required) Professional Liability* (if required) Cyber Liability ** (if required) PROCUREMENT Contract < $50,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $1,000,000 $1,000,000 N/A $2,000,000 $2,000,000 $2,000,000 $2,000,000 PROCUREMENT Contract > $50,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 ENGINEERING – MSD SMALL CONTRACTOR PROGRAM Contract: < $50,000 $1,000,000 $2,000,000 $1,000,000 $500,000 Each $2,000,000 $2,000,000 N/A N/A N/A ENGINEERING – GENERAL CONSTRUCTION Contract: $50,000-$500,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $2,000,000 $2,000,000 $2,000,000 $2,000,000 N/A N/A ENGINEERING – GENERAL CONSTRUCTION Contract: $500,000 - $5M $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $2,000,000 $2,000,000 $2,000,000 $2,000,000 N/A N/A ENGINEERING – GENERAL CONSTRUCTION Contract: $5M - $30M $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $5,000,000 $5,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 (For MSD Facility Contracts Only) N/A ENGINEERING – MAJOR CONSTRUCTION/ TUNNEL PROJECTS > $30M $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $10,000,000 $10,000,000 $5,000,000 $5,000,000 $2,000,000 $2,000,000 N/A ENGINEERING – DESIGN Contract < $500,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $1,000,000 $1,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 Required N/A ENGINEERING – DESIGN Contract > $500,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000 each $2,000,000 $2,000,000 $2,000,000 $2,000,000 $5,000,000 $5,000,000 Required N/A Notes: * Combined Pollution & Professional Liability policies need separate limits in the amounts required. ** Additional Coverages may be required per scope, to include: 1) Network Privacy & Security; 2) Cyber Extortion Coverage; 3) Data Restoration Coverage; and/or 4)Technology Errors & Omissions. Exhibit MSD 71C