Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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, Texas Acts of the 84th Leg. - Regular Session, ch. 427,Sec. 2, eff. 1/1/2016.