Texas § IN.151.003 - INFORMATION REQUIRED TO BE PROVIDED BY PRINCIPAL BEFORE ENTERING CONSTRUCTION CON

§ IN.151.003. INFORMATION REQUIRED TO BE PROVIDED BY PRINCIPAL BEFORE ENTERING CONSTRUCTION CON

INFORMATION REQUIRED TO BE PROVIDED BY PRINCIPAL BEFORE ENTERING CONSTRUCTION CONTRACT. If a construction contract requires a person to enroll in a consolidated insurance program, not later than the 10th day before the date a principal enters into the contract with the person, the principal shall provide the following information about the consolidated insurance program to the person: (1) contact information, including phone number and e-mail address, for: (A) the program administrator; (B) the principal's risk manager; and (C) the insurer's contact person for filing a claim for each type of insurance coverage provided in the program; (2) the criteria for eligibility of enrollment into the program; (3) a description of the project site covered by the program coverages; (4) a summary of insurance coverages to be provided to the contractor under the program, including: (A) the policy form number and issuing organization if the policy is a standardized insurance policy or, if the policy is not standardized, a sample policy form; (B) per occurrence and aggregate limits of insurance coverages and any sublimits that may apply; (C) term of coverages for each limit and sublimit, if any; and (D) any material endorsements to the policy described under Paragraph (A); (5) a summary of insurance coverages to be provided by the contractor; (6) instructions on how to include or exclude costs of insurance provided by the program in the person's proposal for work on the construction project; (7) a description of the audit or claims procedures related to the program that may result in additional cost to a contractor, including the method of calculation for any assessment charged to a contractor related to the principal's payment of a policy deductible and any other specific cost amounts; and (8) a description of a contractor's duties related to reporting: (A) payroll and retention of documentation; and (B) claims and participation in safety inspections and incident reporting. Added by Acts 2015, 84th Leg., R.S., Ch. 427 (S.B. 1081 ), Sec. 2, eff. January 1, 2016.