Page 33 - Barr&Barr_Cost Proposal
P. 33

b.  Co-payment layer $0

        Item 6.   Retention Aggregate Amount
                                                                     a.  $0  Is  the  minimum  amount  for  this  Policy  and
                                                                         includes  Each  Loss  Retention  Amounts  and
                                                                         Co-payment  Amounts  paid  by  the  Insured
                                                                         and is adjustable upward only at a rate of $0
                                                                         per $1,000 of audited Contracts
                                                                     b.  $0  Is  the  minimum  amount  and  includes  the
                                                                         maximum  combined  Retention  Aggregate
                                                                         Amounts  for  Policies  in  the  program  period,
                                                                         08/01/2016-08/01/2019, adjustable upward only
                                                                         at $0 per $1,000 of audited Contracts

        Item 7.   Total Estimated Policy Premium:                    a.   $SEE NPA

                                                                     b.  This premium amount is calculated as follows:
                                                                         i)  In  connection  with  any  construction  project
                                                                             that  is  not  a  Residential  Building,  the
                                                                             premium  amount  is  adjustable  at  a  rate  of
                                                                             $N/A  per   $1,0    of   audite
                                                                             Contracts, plus
                                                                         ii)  In  connection  with  any  construction  project
                                                                             that is a Residential Building, the premium
                                                                             amount is adjustable at a rate of $N/A
                                                                             per $1,000 of audited Contracts.


        Item 8.   Minimum Premium:
                                                                     a.   The Total Estimated Policy Premium above is
                                                                         subject to a minimum of $N?A.

                                                                     b.  For the Policies in the program period,
                                                                         08/01/2016-08/01/2019, the Premium is
                                                                         subject to a minimum of $N/A
                                                                     These  Premiums  do  not  include  taxes  and
                                                                     surcharges.
        Item 9.   Maintenance Retention Amount:                      Each Loss:  $0






















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