Surety/Insurance

The Surety/Insurance tab on the Master Agreement (MA) transaction allows you to modify the Surety/Insurance related information.

Required/Conditionally Required FieldsRequired/Conditionally Required Fields

If the Award Requires Performance/Payment Bond check box on the Award Details tab is selected, then the following fields are required:

  • Holding Department

  • Policy Term Start

  • Policy Term End

  • Value of Policy/Bond

  • Cost of Policy/Bond

  • Insurance Type

  • Policy Number

If the Award Requires Insurance Policies check box on the Award Details tab is selected, then the following fields are required:

  • Holding Department

  • Policy Term Start

  • Policy Term End

  • Value of Policy/Bond

  • Cost of Policy/Bond

  • Insurance Type

  • Policy Number

If the Reason for Previous Agreement End field is Defaulted or Terminated, then the following field is required:

  • Closure Date

If the Reason for Previous Agreement End field under the General Information section is Defaulted or Terminated, then the following fields are required:

  • Vendor

  • External Award Number

If the Award Requires Performance/Payment Bond check box on the Award Details tab is selected, then the following field is required:

  • NAIC Code

If the Award Requires Insurance Policies check box on the Award Details tab is selected, then the following field is required:

  • NAIC Code