Vendor Agreement Insurance Requirements

The university has defined a standard language with regard to its insurance requirements for contracts and agreements concluded by external suppliers. Full details can be found on the university`s contract website. If you have any questions about insurance requirements or changes to standard contract insurance rules, contact Risk Management. Consult your lawyer first to verify your current supplier/supplier agreements or design new ones. Many of the issues related to this issue require the establishment of an agreement that protects you by offsetting or holding and waiving the rules of receivables transfer, as well as certain types of insurance that the seller/supplier must assume before they can do business with you. .