Coverage shall be sufficiently broad to respond to the duties and obligations as is
undertaken by Vendor in this agreement and shall include, but not be limited to, claims
involving infringement of intellectual property, including but not limited to infringement
of copyright, trademark, trade dress, invasion of privacy violations, information
theft, damage to or destruction of electronic information, release of private information,
alteration of electronic information, extortion and network security.
The policy shall provide coverage for breach response costs as well as regulatory
fines and penalties as well as credit monitoring expenses with limits sufficient to
respond to these obligations.
*A higher limit on the MCS-90 endorsement required by law must be matched by the Sudden
& Accidental Pollution Insurance.
With CSUSM Corporation’s approval, the Contractor may delegate the responsibility
to provide this additional coverage to its hazardous materials subcontractor. When
the Contractor returns its signed project construction phase agreement to CSUSM Corporation,
the Contractor shall also provide CSUSM Corporation with a letter stating that it
is requiring its hazardous materials subcontractor to provide this additional coverage,
The Contractor shall affirm in this letter that the hazardous materials subcontractor’s
certificate of insurance shall also adhere to all CSUSM Corporation requirements.
Further, this letter will provide that the subcontractor’s certificate of insurance
will be provided to CSUSM Corporation as soon as the Contractor fully executes its
subcontract with the hazardous materials subcontractor, or within 30 Days of the Notice
to Proceed, whichever is less.
Amount of Insurance:
- Limits not less than $2,000,000 per occurrence or claim, $2,000,000 aggregate.