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WELL WATER SOURCES - page 19 / 19

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53.

If surcharges are used are they system-wide?

□  Yes□  No

54.

Are system development charges to finance new projects?

□  Yes□  No

Insurance

55.

Is a bid process used to obtain insurance coverage?

□  Yes□  No

56.

Is the insurance policies upgraded periodically?

□  Yes□  No

Is yes, how often?  _____________

57.

Is an inventory conducted to determine what needs to be added to or deleted from the list of items being insured?

□  Yes□  No

58.

Do insurance policies cover:

□  Theft

□  Vandalism

□  Flood

□  Earthquake

59.

Does the insurance polices cover all perils?

Yes□  No

60.

Does the insurance polices cover chlorine leak damage?  (ammonia group)

□  Yes□  No

61.

Does the insurance provide for interruption of service?

□  Yes□  No

62.

Are motors and machinery covered for unusual wear and replacement?

□  Yes□  No

63.

Are contractors required to provide certificates of insurance?

 Yes  No

64.

Are contractors required to possess:

Performance Bond

Payment bond

Fidelity Bon

Other___________________

65.

Who is required to obtain encroachment bonds?

□  Water system personnel

□  Contractor

□  Engineer

□  Other______________________

66.

Are encroachment bonds sufficient to cover potential damage?

□  Yes□  No

67.

Are restoration activities performed in a timely fashion to release encroachment permits?

□  Yes□  No

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