TRB's National Cooperative Highway Research Program (NCHRP) Legal Research Digest 66: Due Diligence for Insurance Coverage in Transportation Construction Contracts explores the process of "due diligence," in which a transportation agency acquires objective and accurate information about its insurance companies and contractors in order to evaluate the risks of entering into an agreement and a contractual relationship. The report addresses the common issues faced by the agencies such as: proof of coverage; difficulty of interpretation of specification and insurance language; coverage disputes; lapse in coverage; and qualifying contractors for the bidding process.
Table of Contents
|Legal Research Digest 66||1-1|
|II. SURVEY AND SURVEY RESULTS||4-8|
|III. LEGAL RESEARCH TOPICS||9-18|
|IV. COMMON COVERAGE ISSUES||19-22|
|APPENDIX A SURVEY||31-34|
|APPENDIX B EXAMPLES OF CERTIFICATION/AFFIRMATION OF COVERAGE||35-40|
|APPENDIX C CHECKLIST FOR COVERAGE REVIEW||41-42|
|APPENDIX D STANDARD ISO ADDITIONAL INSURED ENDORSEMENTS||43-44|
|APPENDIX E SAMPLE LETTER TO CONTRACTORS||45-46|
|APPENDIX F COMMONLY USED TERMS||47-50|
|APPENDIX G PROPOSED ADDITIONAL INSURED ENDORSEMENT||51-52|
|APPENDIX H EXPLANATION OF CERTIFICATES OF INSURANCE||53-54|
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