← Back to Albany, NY

Document Albany_doc_a532fe447b

Full Text

RFP 2019-44 ADDENDUM #3 January 169, 2020 The following information is provided as a result of question(s) posed by vendor(s): QUESTION We are able to issue a certificate of insurance (COI) which will confirm compliance with your stated coverage and limit requirements. However, additional insured status may not be extended, to the City of Albany, for BOCES’ workers’ compensation and professional liability policies. These are industry standard protocols. We are able to arrange this status for the CGL and umbrella liability policies. ANSWER The City does not expect to be added as an additional insured on the workers’ compensation and professional liability policies. QUESTION We are unable to comply with the requirements stated in Section 12.2 & Cancellation and non-renewal notices are reserved, by NYS insurance law (and Dept. of Financial Services mandate), for the first named insured on the policy (i.e. Capital Region BOCES). Also we, nor the policy writing insurance company, are able to provide an assurance that “the insurance policies shall be automatically renewed upon expiration and continued in force unless…”. Policy wording and insurance law protocol will not allow for this guarantee to be made, or confirmed, on a certificate of insurance in NYS. ANSWER The City does not expect the selected proposer(s) to provide any policy or policies which would run contrary to NYS insurance law or the DFS mandate. To clarify, the requirements listed in Section12.2 and are strictly notice requirements that will be incorporated into the grant-writing contract(s).