Tex. Ins. Code Section 151.003
Information Required to Be Provided by Principal Before Entering Construction Contract

If a construction contract requires a person to enroll in a consolidated insurance program, not later than the 10th day before the date a principal enters into the contract with the person, the principal shall provide the following information about the consolidated insurance program to the person:

(1)

contact information, including phone number and e-mail address, for:

(A)

the program administrator;

(B)

the principal’s risk manager; and

(C)

the insurer’s contact person for filing a claim for each type of insurance coverage provided in the program;

(2)

the criteria for eligibility of enrollment into the program;

(3)

a description of the project site covered by the program coverages;

(4)

a summary of insurance coverages to be provided to the contractor under the program, including:

(A)

the policy form number and issuing organization if the policy is a standardized insurance policy or, if the policy is not standardized, a sample policy form;

(B)

per occurrence and aggregate limits of insurance coverages and any sublimits that may apply;

(C)

term of coverages for each limit and sublimit, if any; and

(D)

any material endorsements to the policy described under Paragraph (A);

(5)

a summary of insurance coverages to be provided by the contractor;

(6)

instructions on how to include or exclude costs of insurance provided by the program in the person’s proposal for work on the construction project;

(7)

a description of the audit or claims procedures related to the program that may result in additional cost to a contractor, including the method of calculation for any assessment charged to a contractor related to the principal’s payment of a policy deductible and any other specific cost amounts; and

(8)

a description of a contractor’s duties related to reporting:

(A)

payroll and retention of documentation; and

(B)

claims and participation in safety inspections and incident reporting.
Added by Acts 2015, 84th Leg., R.S., Ch. 427 (S.B. 1081), Sec. 2, eff. January 1, 2016.

Source: Section 151.003 — Information Required to Be Provided by Principal Before Entering Construction Contract, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­151.­htm#151.­003 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 151.003’s source at texas​.gov