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Contracts - Insurance Requirements
Certificates of insurance must be submitted on an Acord 25 Form (revised 2010/05), and name
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| the City of Concord (not a specific individual or department) as additional insured on all lines |
| of coverage (General Liability, Auto, Umbrella, Professional Liability, etc.), except Workers’ |
| Compensation. |
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| Aviation Contracts - The City will accept a certificate of insurance on an Acord 25 Form |
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| (revised 2010-05), or from a carrier specific certificate of insurance issued for aviation coverage. |
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| Certificates should reflect the following address: |
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| City of Concord |
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| Attn: Risk Management |
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| Post Office Box 308 |
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| Concord, NC 28026-0308 |
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| Standard Contract – Up to $2,000 |
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| Coverage |
Minimum Limits |
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| Workers' Compensation |
$100,000 each accident |
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$100,000 bodily injury by disease each employee |
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$500,000 bodily injury by disease policy limit |
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| General Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Automobile Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Professional Services Contract - $2,000 to $300,000 |
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| Workers' Compensation |
$100,000 each accident |
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$100,000 bodily injury by disease each employee |
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$500,000 bodily injury by disease policy limit |
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| General Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Automobile Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Umbrella |
$1,000,000 per occurrence if contract does not exceed 180 days and |
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does not exceed $500,000; otherwise, |
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$2,000,000 per occurrence |
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| Professional Liability insurance policy limit requirements shall be based on the total amount of |
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| compensation to be paid to Contractor under this Agreement and as set forth in Exhibit “A,” and |
| on a determination by City of whether the services provided under this Agreement are for hazardous |
| or non-hazardous activities. |
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| The required limits are: |
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| For Non-Hazardous Activities: |
$1,000,000 per claim / $1,000,000 annual aggregate. |
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| For Hazardous Activities: |
For contracts less than $100,000: |
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$2,000,000 per claim / $2,000,000 annual aggregate |
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For contracts over $100,000: |
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$5,000,000 per claim / $5,000,000 annual aggregate |
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| Construction and Service Contracts - $2,000 to $300,000 |
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| Workers' Compensation |
$100,000 each accident |
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$100,000 bodily injury by disease each employee |
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$500,000 bodily injury by disease policy limit |
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| General Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Automobile Liability |
$1,000,000 per occurrence regardless of the contract size. |
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| Umbrella |
$1,000,000 per occurrence if contract does not exceed 180 days and |
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does not exceed $500,000; otherwise, |
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$2,000,000 per occurrence |
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| NC Workers’ Compensation insurance mandatory statutory limits must be met for employers |
| with three or more employees. |
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