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(03-07-01) SIB Entrance Signs (Electrical)
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Last modified
6/13/2012 6:45:02 AM
Creation date
1/6/2011 11:18:22 AM
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CityClerk-Bids_RFP_RFQ
Project Name
SIB Entrance Signs (Electrical)
Bid No. (xx-xx-xx)
03-07-01
Project Type (Bid, RFP, RFQ)
Bid
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Endorsement 1 <br />Berkley Regionallnsurance Company <br />Carolina Casualty Insitrance Company <br />NOTICE <br />Surety Bond Disclosure <br />Notice Of Terrorism Insurance Coverage <br />Coverage for acts of terrorism, as defined in the Terrorism Risk <br />Insurance Act of 2002 (the "Act "), is included in your surety bond. You <br />should know that, effective November 26, 2002, any losses caused <br />by certified acts of terrorism, as defined in the Act, would be partially <br />reimbursed by the United States under a formula established by <br />federal law. Under this formula, the United States pays 90% of <br />covered terrorism losses exceeding the statutory established <br />deductible paid, by the surety company providing the coverage. The <br />portion of your bond premium that is attributable to coverage for acts <br />of terrorism, as defined in the Act is: $0.00. <br />This Endorsement is to be <br />attached to bond # N/A <br />and to become a part of the bond. <br />c/o Monitor Surety Managers; Inc. 383 Main Street, Chatham, NJ 07928 <br />
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