Suppliers of goods and services wishing to undertake businesses with Council will be required to hold and maintain certain insurances. The level of required coverage will be dependent on the risk associated with the supply being provided to Council.
As a guide, the following may apply:
Public Liability Insurance - a minimum level of coverage of at least $20,000,000 (inc GST) for any single claim is required.
Products Liability Insurance - a level of coverage of at least $10,000,000 (incl. GST) for any single claim is required.
Professional Indemnity Insurance - a level of coverage required under the contract.
Motor Vehicle Indemnity - a level of coverage required under the contract.
Work Cover - a level of coverage as required by law.
Council staff or representatives of Council must only accept insurance documents issued by an insurer authorised by the Australian Prudential Regulation Authority (APRA). A register of insurers can be viewed on APRA’s website http://www.apra.gov.au/GI/Pages/new-or-renewal.asp