CHEVROLET DETROIT BELLE ISLE GRAND PRIX - Grand Am

CHEVROLET
DETROIT BELLE ISLE GRAND PRIX
May 31 – June 2, 2013
Detroit Grand Prix 2013: Insurance Requirements
In order to protect the Detroit Belle Isle Grand Prix, Inc., Downtown Detroit
Partnership, Inc.; Detroit Renaissance Foundation, Inc.; The city of Detroit
and Penske Corporation, its subsidiaries and their respective officers,
directors and trustees, shall be named as assitional insured any and all claims
arising from the work performed, and products and services supplied for the
Detroit Belle Isle Grand Prix event, certificates of insurance with limits and
coverage as described below should be specified in the RFP.
Above entities are to be included as additional insured as respects general
liability and auto liability. Coverage shall be primary and non-contributory
and shall include a waiver of subrogation in favor of the additional insured.
Each contractor/supplier/vendor should produce the appropriate certificate of
insurance prior to the start of a project, and annually thereafter during active
contract.
Detroit Belle Isle Grand Prix, Inc.
300 Renaissance Center, Suite 2311
Detroit, MI 48243
Insurance companies to maintain an A.M. Best rating of A- or better
General Liability including Construction
Contracts
o Products/completed operations
$5,000,000
Combined single limit each occurence
o Owners/Contractors Protective
Liability
o Personal Injury
o Professional Liability if contract
includes design and build
Auto Liability $5,000,000
Workers Compensation
Employers Liability (EL)
Combined single limit each occurance
Statutory
$1,000,000 EL Each Accident
$1,000,000 EL Policy Limit
$1,000,000 EL Each Employee
Note: Limits specified above may be provided by a combination primary
and excess/umbrella policies.
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