Demystifying Insurance in Public Procurement Part 1: Introduction to Insurance Requirements

Date: August 21, 2024
Time: 1:30 pm - 3:30 pm
Location: Virtual

This foundational session lays the groundwork for your success! Gain a comprehensive understanding of how insurance protects public entities and mitigates risks during the procurement process. This webinar will set the stage for further exploration of insurance requirements in subsequent sessions, equipping you with the knowledge you need to navigate this critical area.

By the end of this session, you’ll:

  • Understand the “Why”: Gain a clear understanding of insurance’s role in protecting your college and its interests.
  • Speak the Legal Language: Learn how to define key insurance terms precisely in your contracts, avoiding potential pitfalls.
  • Know Your Insurance Options: Explore essential insurance types like General Liability, Workers’ Compensation, and Professional Liability, along with recommended coverage limits.
  • Streamline Review and Approval: Discover best practices for reviewing and approving insurance provisions, ensuring collaboration with legal and risk management teams.
  • …and more!

Register today and gain the knowledge to navigate insurance requirements for California Community College procurement with confidence!

About the Demystifying Insurance in Public Procurement Series

The ever-changing landscape of public procurement can feel overwhelming, especially when navigating intricate insurance requirements. Whether you’re new to procurement or seeking to refine your existing knowledge, this four-part series, designed and delivered by the CollegeBuys Professional Development Workgroup specifically for California Community College procurement professionals, equips you with the tools to confidently manage insurance requirements and ensure successful project execution.

Gain Invaluable Knowledge Across Four Webinars:

  • August 21 | 1:30PM-3:30PM Introduction to Insurance Requirements: Establish a solid understanding of insurance in public procurement. Explore key contract terms, different types of coverage, and the review and approval process.
    Register for Part 1
  • September 11 | 1:30PM-2:30PM Special Insurance Needs in Public Contracts: Stay ahead of the curve by learning about special types of insurance, including cyber security, sexual abuse and molestation, and special event coverage.
    Register for Part 2
  • September 25 | 1:30PM-2:30PM Mastering Advanced Insurance Concepts: Equip yourself with advanced knowledge on California-specific regulations, self-insured retentions, and waivers of subrogation.
    Register for Part 3
  • October 9 | 1:30PM-2:30PM Construction Contracts Demystified: Focus on construction-specific coverages such as payment and performance bonds, the differences between bonds and insurance, OCIP policies, builder’s risk, and pollution liability.
    Register for Part 4