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Profixa Private Trust Profixa Private Trust

Vendors

Insurance & Bonding

Insurance and bonding requirements vary by project type, risk level, and scope. Vendors should be prepared to provide current coverage information when requested.

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Common Coverage Types

Coverage needs depend on the work being performed.

General and Professional Liability

Common coverage for service and advisory work.

Workers Compensation and Auto

Coverage often needed for field work, employees, or transportation.

Cyber and Privacy

May apply when technology or sensitive information is involved.

Bonding

Bonding may apply to certain performance-sensitive work.

Construction

Some projects may require performance or payment bonds.

Infrastructure

Larger or risk-sensitive scopes may require bonding.

Project Notice Controls

Specific requirements are set by the project notice or agreement.

Profixa

Documentation

Keep current records ready for review.

Certificates
Provide current certificates of insurance when requested.
Policy Dates and Limits
Coverage dates and limits should match project requirements.
Named Insured Requirements
Some agreements may require specific certificate language.