7.b.
Commissioners Court Meeting
- Meeting Date:
- 02/10/2025
- Title:
- Liability Umbrella
- Submitted for:
- Melinda Mata
- Submitted By:
- Melinda Mata
- Department:
- County Judge
Subject:
Discussion and possible action to modify the recommended $10 million dollar Liability Umbrella to industry standards, reduce the recommended amount to $2.5 million, and remove the Builders Risk requirement Insurance, as this is typically reserved for vertical construction projects, with Mor-Wil, L.L.C. for the ARPA Waterline Projects 4, 5, 9, 10, 12, & 13 from the Rio Bravo Water Treatment Plant to La Presa Project; and any other matters incident thereto.
Issue: Current recommendation from Webb County’s insurance consultant is to carry a $10 million umbrella policy for this waterline project. Project cost does not merit this recommendation.
Solution: Reduce the amount of liability umbrella to industry standards.
Result: Allow contractor to proceed with this project with the umbrella coverage that is standard in the industry.
Issue: Current recommendation from Webb County’s insurance consultant is to carry a $10 million umbrella policy for this waterline project. Project cost does not merit this recommendation.
Solution: Reduce the amount of liability umbrella to industry standards.
Result: Allow contractor to proceed with this project with the umbrella coverage that is standard in the industry.