10. Insurance and Risk Allocation

City Commission Meeting · 2026-06-11 · agenda_item

This agenda item concerns insurance and risk allocation for a project involving the City of Palatka and Newtown. It outlines requirements for general liability and workers' compensation insurance for parties and third-party vendors. Newtown will also be responsible for the care of loaned or exhibited items. The City is not responsible for loss or damage to third-party items unless agreed upon in writing. This item is currently under review by the City Commission. The scope of work would involve ensuring compliance with insurance and indemnification clauses, potentially requiring legal and administrative services. Contractors and suppliers should be aware of the insurance requirements for any future work. Reaching out early to understand these requirements could provide an advantage.

general liability limit

250,000.00 per individual

general liability limit

500,000.00 per incident