Doing Business/Procurement
ABC's of ProcurementAccounting & FinanceBecoming a Business Partner with LMHInsurance for Contractors-Vendors RequirementsReal Estate Development & Modernization (REDM) DepartmentRequirements for Construction BondingSection 3Vendor Forms & DocumentsVendor Invoice Submission
Insurance for Contractors-Vendors Requirements
Proof of Insurance for Contractors and Vendors
Workers' Compensation:
- LMHA requires that contractors and vendors supply LMHA with a current Workers' Compensation Certificate.
- LMHA requires that the Workers' Compensation Certificate be valid for the term of the contract.
- Contractors and vendors will immediately provide verification of coverage for the contract term.
General & Commercial Liability:
- Contractor agrees to name LMHA as an additional insured on its general liability policy, which shall be primary to LMHA's general liability policy, and any other insurance policy as determined by LMHA that is relevant to the contract scope of work.
- These policies shall also be primary to and non-contributory to LMHA's General Liability policy.
- Contractors and subcontractors shall name LMHA as an additional insured on their General Liability policy, and any other insurance policy as determined by LMHA that is relevant to the contract scope of work.
- Contractor and subcontractor shall indemnify LMHA, to the fullest extent provided by law, for any and all claims arising out of the contractor's and subcontractor's performance of this contract.
- Contractor and subcontractor shall provide proof of General Liability insurance coverage with combined single limit for bodily injury and property damage not less than $1million per occurrence.
- LMHA reserves the right to request a copy of the contractor's and subcontractor's full insurance policies and applicable endorsements.
- Contractors and subcontractors must maintain the insurance policies that were submitted during the entire length of the contract.
Insurance Automobile Liability:
Contractors and subcontractors shall provide proof of Automobile insurance of owned and non-owned vehicles used on the sites or in connection therewith for combined single limit for bodily injury and property damage not less than $500,000 per occurrence.
Indemnity:
Contractors and vendors agree to indemnify LMHA, to the fullest extent provided by law, for any and all claims arising out of their performance of the contracts.