Huntington Stadium Insurance

The City of Cleveland Department of Public Works is inviting proposals for property insurance covering the municipally-owned stadium facility located at 100 Alfred Lerner Way. The insurance policy should include total replacement cost coverage, all-risk form, terrorism coverage, and waiver of subrogation. The proposer should have at least five years of experience and provide three verifiable references. The proposal should include a cover letter, executive summary, qualifications/experience, project approach, key staff, and management approach. The City reserves the right to reject any or all proposals and to waive any informalities, technicalities, or irregularities in any or all proposals. • The insurance policy should cover the stadium facility and its contents • The policy should have a limit of liability of $650-700 million or $750-800 million • The deductible should be $25,000 per occurrence, with an option for a $100,000 deductible • The policy should include flood, fire, TRIA, and earthquake coverage • The proposer should provide a certificate of insurance with the required notification provision • The proposer should maintain the required insurance coverage throughout the term of the contract