Surety Insurance
The Surety/Insurance tab on the Contract Revision (CMR) transaction allows you to modify the Surety/Insurance related information. For additional information, refer to the CT - Surety/Insurance topic.
Required/Conditionally Required FieldsRequired/Conditionally Required Fields
You should only enter values in the fields in the column on the right if a change is needed to the existing value shown in the column on the left, or if one of the following rules is met.
If the New Award Requires Performance/Payment Bond check box on the Award Details tab is selected, then the following fields are required:
New Holding Department
New Policy Term Start
New Policy Term End
New Value of Policy/Bond
New Cost of Policy/Bond
New Insurance Type
New Policy Number
If the New Award Requires Insurance Policies check box on the Award Details tab is selected, then the following fields are required:
New Holding Department
New Policy Term Start
New Policy Term End
New Value of Policy/Bond
New Cost of Policy/Bond
New Insurance Type
New Policy Number
If the New Reason for Previous Agreement End field is Defaulted or Terminated, then the following field is required:
New Closure Date
New Vendor
New External Award Number
If the New Award Requires Performance/Payment Bond check box on the Award Details tab is selected, then the following field is required:
New NAIC Code
If the New Award Requires Insurance Policies check box on the Award Details tab is selected, then the following field is required:
New NAIC Code
