5. Network Security and Privacy Liability Insurance. During the term of this Contract,

City Council Meeting · 2026-05-26 · agenda_item

This item concerns a contract requirement for network security and privacy liability insurance. The supplier must maintain this coverage during the contract term. This insurance is needed to cover potential claims arising from security failures, such as computer attacks, unauthorized access, or data breaches. The required coverage includes $2,000,000 per occurrence and $2,000,000 in annual aggregate limits. Failure to maintain this insurance is a material breach of the contract. This is an early stage in the contract process, focusing on insurance terms. The work involves ensuring compliance with these insurance requirements, which may lead to opportunities for insurance providers and related legal or consulting services. Businesses specializing in cyber liability insurance and risk management could find opportunities by engaging early to understand the specific needs and potential scope of coverage.

minimum limits per occurrence

2000000 $

minimum limits annual aggregate

2000000 $