Property Mgmt RFP 2016 - Addendum 1

Description

ADDENDUM -1to THE SANFORD AIRPORT AUTHORITY ORLANDO SANFORD INTERNATIONAL AIRPORT (SFB) REQUEST FOR PROPOSAL (RFP) FOR PROPERTY LEASING AND MANAGEMENT SERVICES Sanford Airport Authority 1200 Red Cleveland Blvd. Sanford, FL 32773 (407) 585-4000 ISSUED VIA www.osaa.net – October 25, 2016 ADDITIONAL INFORMATION: - Insurance Requirements. Include evidence of the proposer’s ability to provide the following insurance coverage, either by means of an existing policy or other verifiable proof (Agent/Broker commitment letter): a. Commercial General Liability (CGL)- Minimum of $1,000,000 per occurrence and annual aggregate, with maximum deductible or self-insured retention in an amount not exceeding $100,000. Any deductible or self-insurance retention should be indicated on the proposer’s certificate of insurance. b. Automobile Liability – Minimum of $1,000,000 per occurrence, with maximum deductible or self-insured retention in an amount not exceeding $100,000 for contracts equal to or exceeding $1,000,000. Any deductible or self-insurance retention should be indicated on the Proposer’s certificate of insurance. c. Pollution Liability – Minimum of $1,000,000 with a maximum deductible or self-insured retention of $100,000. d. Worker’s Compensation – (statutory limit) e. Employer’s Liability: $100,000 – each accident $500,000 disease – policy limit $100,000 disease - each agent/employee Policy terms must be acceptable to the SAA and must comply with the SAA’s requirements for insurance. - Financial Statements. Proposers must submit a copy of their most recent audited annual financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) for the last two years. If audited annual GAAP financial statements are not available, provide unaudited balance sheets, income statements, and cash flow statements for the last two years prepared in accordance with GAAP. This financial documentation shall be submitted in a sealed envelope, and included in only one copy of the printed Letter of Qualifications. The sealed envelope should be clearly labeled as follows: “Confidential Financial Records Submitted under Seal and Exempt Page 1 of 3 from Florida Public Records Disclosure”. Include the proposer’s firm name on the sealed envelope. - Claim Information. Disclose all lawsuits, arbitrations and claims filed or raised by or against the firm over the last five (5) years, specifically identifying: a. b. c. d. e. f.