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<strong>Loudoun</strong> <strong>Water</strong> May 28, 2013<br />

either; the insurer shall reduce or eliminate such<br />

deductible or self-insured retention; or the Offeror shall<br />

be required to procure a bond guaranteeing payment of<br />

losses and related claims expenses.<br />

7.7.5.7. Failure to comply with any reporting provisions of the<br />

policy(ies) shall not affect coverage provided <strong>Loudoun</strong><br />

<strong>Water</strong>, its officers/officials, agents, employees and<br />

volunteers.<br />

7.7.5.8. The insurer shall agree to waive all rights of<br />

subrogation against <strong>Loudoun</strong> <strong>Water</strong>, its<br />

officers/officials, agents, employees and volunteers for<br />

any act, omission or condition of premises, which the<br />

parties may be held liable by reason of negligence.<br />

7.7.5.9. The successful Offeror shall furnish <strong>Loudoun</strong><br />

<strong>Water</strong> Certificates of Insurance including<br />

endorsements affecting coverage. The certificates<br />

are to be signed by a person authorized by the<br />

insurance company(ies) to bind coverage on its behalf,<br />

is executed by a broker, notarized copy of authorization<br />

to bind, or certify coverage must be attached.<br />

7.7.5.10. All insurance shall be placed with insurers maintaining<br />

an A.M. Best rating of no less than A-:VII. If A.M. Best<br />

rating is less than A-:VII, approval must be received by<br />

<strong>Loudoun</strong> <strong>Water</strong>’s Manager of Procurement and Risk.<br />

7.7.5.11. The policy must be with an insurer licensed to do<br />

business in the Commonwealth of Virginia.<br />

7.7.5.12. A forty-five (45) day notice of cancellation, non-renewal,<br />

or change in the insurance coverage must be provided.<br />

7.8. Not To Benefit<br />

As a prerequisite for payment pursuant to the terms of this contract, there<br />

shall be furnished to <strong>Loudoun</strong> <strong>Water</strong> a statement, that no employee of<br />

<strong>Loudoun</strong> <strong>Water</strong>, or members of his immediate family, including spouse,<br />

parents or children has received or has been promised, directly or indirectly,<br />

any financial benefit, by way of fee, commission, finder's fee or in any other<br />

manner, remuneration arising from or directly or indirectly related to a<br />

contract resulting from this IFB.<br />

7.9. Licensure<br />

To the extent required by the Commonwealth of Virginia (see §54.1-1100 et<br />

seq. of the Code of Virginia), the Contractor shall be duly licensed to<br />

perform the services required to be delivered pursuant to any resulting<br />

agreement. These licenses shall include, but are not limited to: Business,<br />

Professional and Occupational Licensing (BPOL) and Contractor’s Licenses<br />

(if applicable).<br />

Granular Activated Carbon<br />

For BRWRF 14 IFB No. 2013-011-240

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