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Business Opportunities

Administrative Requirements - Insurance
 

 

Insurance: To be acquired only after bid has been awarded or permit has been approved

Details:

Pursuant to Los Angeles Administrative Code, Division 11, Chapter 2, Article 2, Section 11.47 and the Risk Management Policy (Council File #79-3194-S1) adopted by Los Angeles City Council on March 1, 1991, the City of Los Angeles is to be protected to the maximum extent feasible, against loss or losses which would significantly affect personnel, property, finances, or the ability of the City to continue to fulfill its responsibilities to taxpayers and the public.

Consequently, prior to commencing work, the selected Bidder/Proposer/Permitee must provide evidence of insurance that conforms to the insurance requirements of the bid/proposal/permit. Insurance requirements which specifically outline the types and amounts of coverage required for this project are explained in detail in the attached language and "Insurance Requirement Sheet".

Successful Bidder/Proposer/Permitee and their subcontractors must provide acceptable evidence of insurance as explained in the attachments prior to commencing work on the contract. Said acceptable evidence of insurance must remain current throughout the term of the contract and be on file with the Insurance Compliance Unit in order to receive payment under any contract with the City of Los Angeles.

Documents:

Insurance Requirement Sheet - this is available only upon the release of the RFP/RFB/Permit, as insurance requirements will vary by project.


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