SMIP Project Insurance Requirements

SMIP fund recip­i­ents must obtain and main­tain, through­out the term of the project, insur­ance in the types and amounts required. Gen­er­ally, insur­ance lim­its for SMIP projects are:

Com­mer­cial Gen­eral Liability

$1,000,000 per occur­rence
$1,000,000 products/completed oper­a­tions aggre­gate
$2,000,000 gen­eral aggre­gate
$25,000 max­i­mum deductible

Auto­mo­bile Liability

$1,000,000 each occurrence

Work­ers Com­pen­sa­tion and Dis­abil­ity Insurance

Other Insur­ance

All awards for pro­fes­sional engi­neer­ing ser­vices for design, engi­neer­ing sur­veys, and/or con­struc­tion man­age­ment require a pro­fes­sional Errors and Omis­sions pol­icy pro­vid­ing lim­its of not less than $2 Mil­lion per claim, $2 Mil­lion aggre­gate, and a deductible or self-insured reten­tion not to exceed $50,000 per claim.

All awards to pro­fes­sional media providers to pro­duce media (print, broad­cast, web, etc.) require $1,000,000 media lia­bil­ity insur­ance, which cov­ers named types of Errors and Omis­sions such as defama­tion, inva­sion of pri­vacy, infringe­ment of copy­right, and plagiarism.

The SMIP recip­i­ent and his/her agents, employ­ees, con­trac­tors and sub­con­trac­tors must com­ply with all applic­a­ble state, fed­eral and local laws, rules and reg­u­la­tions, includ­ing New York State Worker’s Com­pen­sa­tion Law and min­i­mum wage and unem­ploy­ment insur­ance requirements.

CCEUC will review all pro­posed projects to deter­mine whether the insur­ance require­ments above are suf­fi­cient in their amount and scope.

The SMIP recip­i­ent will be asked to sub­mit Cer­tifi­cates of Insur­ances to CCEUC for the required cov­er­age before work commences.