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CM5 #N3SS
<br />VI. GENERAL PROVISIONS
<br />A. Insurance
<br />I) Unless otherwise agreed in a Participating Addendum, Contractor shall, during the term of this Master
<br />Agreement, maintain in full force and effect, the insurance described in this section. Contractor shall
<br />acquire such insurance from an insurance carrier or carriers licensed to conduct business in each
<br />Participating Entity's state and having a rating of A-, Class VII or better, in the most recently published
<br />edition of Best's Reports. Failure to buy and maintain the required insurance may result in this Master
<br />Agreement's termination or, at a Participating Entity's option; result in termination of its Participating
<br />Addendum.
<br />2) Coverage shall be written on an occurrence basis. The minimum acceptable limits shall be as indicated
<br />below, with no deductible for each of the following categories:
<br />a) Commercial General Liability covering premises operations, independent Contractors, Products and
<br />completed operations, blanket contractual liability, personal injury (including death), advertising
<br />liability, and property damage, with a limit of not less than $1 million per occurrence, $10 million
<br />general aggregate, $10 million Products and completed operations aggregate and $30,000 and any one
<br />fire.
<br />b) If any aggregate limit is reduced below $10,000,000 because of claims made or paid, the Contractor
<br />shall immediately obtain additional insurance to restore the full aggregate limit and furnish to the
<br />Participating Entity, a certificate or other document satisfactory to the Participating Entity, showing
<br />compliance with this provision.
<br />c) Contractor must comply with any applicable Stale Workers Compensation or Employers Liability
<br />Insurance requirements.
<br />d) Automobile Liability covering any auto (including owned, hired and non -owned), with a minimum
<br />limit of$1,000,000 each accident combined single limit.
<br />e) Contractor shall pay premiums on all insurance policies. Such policies shall also reference this Master
<br />Agreement and shall have a condition that they not be revoked by the insurer until thirty (30) calendar
<br />days after notice of intended revocation thereof shall have been given to Purchasing Entity and
<br />Participating Entity by the Contractor.
<br />n Prior to commencement of performance, Contractor shall provide to the Lead State a written
<br />endorsement to the Contractor's general liability insurance policy or other documentary evidence
<br />acceptable to the Lead State that (i) names the Participating States identified in the Request for
<br />Proposal as additional insureds, (fi) provides that no material alteration, cancellation, non -renewal, or
<br />expiration of the coverage contained in such policy shall have effect unless the named Participating
<br />State has been given at least thirty (30) days prior written notice, and (Ili) provides that the
<br />Contractor's liability insurance policy shall be primary, with any liability insurance of any
<br />Participating State as secondary and noncontributory. Unless otherwise agreed in any Participating
<br />Addendum, the Participating Entity's rights and Contractor's obligations are the same as those
<br />specified in the first sentence of this subsection. Before performance of any Purchase Order issued
<br />after execution of a Participating Addendum authorizing it, the Contractor shall provide to a
<br />Purchasing Entity or Participating Entity who requests it the same information described in this
<br />subsection.
<br />g) Contractor shall furnish to the Lead State, Participating Entity, and, on request, the Purchasing Entity
<br />copies of certificates of all required insurance within seven (7) calendar days of the execution of this
<br />Master Agreement, the execution of a Participating Addendum, or the Purchase Order's effective date
<br />and prior to performing any work. The insurance certificate shall provide the following information:
<br />the name and address of the insured; name, address, telephone number and signature of the authorized
<br />agent; name of the insurance company (authorized to operate in all states); a description of coverage in
<br />detailed standard terminology (including policy period, policy number, limits of liability, exclusions
<br />and endorsements); and an acknowledgment of the requirement for notice of cancellation. Copies of
<br />renewal certificates of all required insurance shall be furnished within fifteen (15) days after any
<br />renewal date. These certificates of insurance must expressly indicate compliance with each and every
<br />insurance requirement specified in this section. Failure to provide evidence of coverage may, at sole
<br />option of the Lead State, or any Participating Entity, result in this Master Agreement's termination or
<br />the termination of any Participating Addendum.
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<br />Body Armor Products RFP-NK-15-001, NASPO ValuePdnl Master Agreement Terms and Condlgoris
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