D.11 Indemnification of Contracts - June 2011 Revision
Notice: This policy was reviewed, revised, and/or renamed. We provide this revision for historic purposes only. Please see our current policies and procedural directives.
This policy was revised in June 2012. We provide this revision for historic purposes only.
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.:
- D.03 Contracts
- E.03 Transportation Services
Procedural Directive Cross Ref.:
- Purchasing
- Signatory Authority for Contractual Agreements
- Liability Insurance for Contractors
NSBA/NEPN Classification: DHA
Introduced: September 13, 2010
Approved: September 15, 2010
Suspended: June 15, 2011 – June 30, 2012