Sec. 151.003. 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.
Structure Texas Statutes
Title 2 - Texas Department of Insurance
Subtitle C - Programs Affecting Multiple Lines of Insurance
Chapter 151 - Consolidated Insurance Programs
Subchapter A. General Provisions
Section 151.005. Reliance on Information Provided
Section 151.006. Failure to Furnish
Section 151.007. Request for Insurance Policy; Deadline to Provide