You are here: Home About APS Policies and Procedural Directives Policies D. Fiscal Management DJ3 – Indemnification of Contracts

DJ3 – Indemnification of Contracts

Note: This policy has been suspended for fiscal year 2013. It will go back into effect June 30, 2013.

Where indemnification is called for by a contract between Albuquerque Public Schools and any third party, the third party shall purchase comprehensive general liability insurance with a minimum coverage amount of $1,000,000 covering its operations and employees and naming the district as an additional insured. This general liability insurance assures that funds are available to indemnify the district, members of the Board of Education, the superintendent and district personnel. The district may require a higher coverage amount if deemed appropriate.

Administrative Position: Chief Financial Officer/Chief Operations Officer

Department Director: Director of Procurement/Transportation Specialist

References

Legal Cross Ref.:

  • §13-1-28 et seq. NMSA 1978
  • 6.20.2.9         NMAC

Board Policy Cross Ref.:

Procedural Directive Cross Ref.:

NSBA/NEPN Classification: DHA, DJ

Introduced: September 13, 2010
Approved: September 15, 2010
Suspended: June 15, 2011 – June 30, 2012
Reviewed: June 12, 2012
Approved: June 20, 2012
Suspended: July 1, 2012 - June 30, 2013

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