Insurance Subtask

Use this subtask of the Subcontractor Payment Control subtask to maintain information regarding subcontractor insurance.

This insurance policy is one that the subcontractor has been required to obtain.

If more than one insurance policy exists for the same vendor/project/insurance type combination, click to enter more than one policy on this subtask.

When you select the Required for Payment check box, a voucher for this vendor cannot be released for payment until the voucher is evaluated against the required coverage start and end dates, as well as the effective date and expiration date of the insurance policy.

Use the fields on this screen to select the type of insurance required for this vendor/project/insurance type combination. If more than one type of insurance (auto, excess liability, general liability, umbrella, or workers' compensation) is required, create and save a new vendor/project/insurance type combination.

To learn more about subcontractors, see Subcontractors.

Use this subtask when entering information for a new or renewed insurance policy for a subcontractor.

Contents

Field	Description
Project	Enter, or click to select, the project to which the insurance applies. The field on the right displays the project name.
Policy Type	Enter, or click to select, the policy type for new vendor/project/insurance types. Valid settings include: AUTO: Auto EXLIB: Excess Liability GENLIB: General Liability UMBR: Umbrella WORKCOMP: Workers' Compensation Any other policy type that you established on the Manage Subcontractor Insurance Types screen For existing vendor/project/insurance types, this field populates automatically.
Required for Payment	Select this check box to require insurance coverage before payment is made to this subcontractor/project combination. Insurance coverage is required for any of this vendor's projects that fall under the selected project. Leaving this check box cleared allows your vendor to receive payment under any insurance circumstances, including no insurance coverage.
Required Start Date	If you selected the Required for Payment check box, enter, or click to select, the start date of the period when insurance is required. Any payments made before this date are processed as normal vendor payments.
Required End Date	If you selected the Required for Payment check box, enter, or click to select, the ending date of the period when the insurance is required. Any payments made after this date are processed as normal vendor payments.

Insurance Information

Use this table window to enter information about specific insurance policies held by subcontractors. Use one row for each policy.

Field	Description
Insurance Carrier	Enter, or click to select, an existing insurance carrier ID. You can enter only insurance carriers created on the Manage Insurance Carrier Information screen.
Insurance Policy Number	Enter the unique identifying number of the subcontractor's insurance policy. Deltek recommends that you complete all policy information.
Effective Date	Enter, or click to select, the beginning date of coverage for this policy.
Expiration Date	Enter, or click to select, the ending date of coverage for this policy.
Amount	Enter the amount that the insurance policy covers.
Notes	Enter notes about this insurance policy.