[NY65912]

I have 7 "Requirement" contracts with New York City. These contracts are for emergency and maintenance of plumbing and fire sprinkler/standpipe systems. They all have a one year option to extend the contract, not a bad thing (for us).

We also do Fed and state projects and are pre-qualified and CCR'd. The insurance requirements are very stringent. Our carriers must inform their insurance department withing 30 days on cancellation of the policies, this a normal formality in the insurance world. I have never heard of a 2 day notification. sounds strange.

I never thought that dealing with NYC agencies would be easier than dealing with a municipal agency somwhere else. We just signed three 2.5M contracts and there were new insurance requirements that were included in the bid package that my estimator did not pick up, it will cost me 30K to obtain new OCP Insurance (owners and contractors protective). It is a new requirement that snuk in under the radar. You should have to buy Railroad Protective Insurance, now that is fun. On a 500M policy we're talking serious cash. The gov't agencies (due to lack of funds) are negotiating down each proposal we send to them, but it beats not having the work.

1 director, 2 managers and thirty lawyers to run the procurement department, I think it's BS. Litigation makes the world go round.

I feel your pain.