| Location: | Illinois |
|---|---|
| Posted: | Oct 8, 2026 |
| Due: | Oct 22, 2026 |
| Agency: | City of Chicago Housing Authority |
| Type of Government: | State & Local |
| Category: |
|
| Publication URL: | To access bid details, please log in. |
333 South Wabash
Certificate of Insurance Requirements
A current certificate of insurance is required of all Contractors, Subcontractors, and Vendors before the
commencement of services, as follows:
1. The Service Contractor shall evidence at least the following insurance coverage, provided that the
amounts listed below will not act as a limitation on recovery from Service Contractor's insurance:
A. Commercial General Liability
Commercial General Liability insurance on a form at least as broad as Insurance Services
Office ("ISO") commercial general liability coverage "occurrence" form CG 0001 04 13 or
another "occurrence" form providing equivalent coverage including, but not be limited to,
contractual liability coverage, independent contractor's liability, coverage for bodily injury
(including death), property damage (including loss of use thereof), ongoing and completed
operations, products liability, and personal and advertising injury, in the following
amounts:
$1,000,000 Per Occurrence Limit
$2,000,000 General Aggregate Limit
This coverage shall be primary to Owner and Agent's coverage and Owner and Agent's
coverage shall be noncontributory.
B. Excess or Umbrella Liability
Service Contractor shall provide Excess or Umbrella Liability insurance on a follow-form
basis with respect to the Commercial General Liability, Employers' Liability, and
Commercial Automobile Liability insurance with minimum limits equal to $4,000,000 each
occurrence and $4,000,000 annual aggregate.
C. Worker's Compensation
As required by statute in the state where the Property is located and where any
operations relating to the contract are located, with waiver of subrogation against
Manager and Sub-Manager.
D. Employers' Liability
With minimum liability limits of $1,000,000 bodily injury by accident each accident,
$1,000,000 bodily injury by disease policy limit, and $1,000,000 bodily injury each
employee.
E. Automobile Liability
Combined Single Limit - $1,000,000 per accident.
Such insurance shall cover injury (or death) and property damage arising out of the
ownership, maintenance or use of any private passenger or commercial vehicles and of
any other equipment required to be licensed for road use.
G. Commercial Crime Insurance
Service Contractor is responsible for loss to Owner and third-party property/assets and
shall maintain Fidelity Bond or comprehensive crime insurance coverage for the
dishonest acts of its employees in a minimum amount of $1,000,000. Service Contractor
shall name Owner as Loss Payee with respect to the comprehensive crime insurance
coverage.
2. Commercial General Liability shall include the following as additional insured, including their
officers, directors and employees. Additional Insured endorsements CG 20 10 04 13 and CG 20 37
04 13 or their equivalent shall be utilized for the Commercial General Liability policy. Please note
that the spelling of these parties must be exactly correct or the Contract Duties will not be allowed
to commence.
1. SHVO Property Management LLC
2. Seren Managing Member 333 Wabash LLC
3. Shvo Concepts LLC
4. DF 333 Management Company LLC
5. DFA 333 Wabash SMM LLC
6. Deutsche Finance US Ventures LLC
7. Deutsche Finance America LLC
8. DF 333 Investment LLC
9. DF 333 Wabash JVCo LLC
10. DF 333 Wabash MezzCo LLC
11. American General Life Insurance Company, and/or its affiliates and its respective
successors and/or assigns
12. The Variable Annuity Life Insurance Company, and/or its affiliates and its respective
successors and/or assigns
13. American Home Assurance Company, and/or its affiliates and its respective successors
and/or assigns
14. National Union Fire Insurance Company of Pittsburgh, PA., and/or its affiliates and its
respective successors and/or assigns
15. Goldman Sachs Bank USA, a New York State-Chartered Bank
16. Jones Lang LaSalle Americas, L.P. Together with the respective owners, partners, affiliates,
members managers, shareholders, officers, directors, employees, and agents of each of
the foregoing entities, and the holder of any mortgage, deed of trust or other security
interest encumbering the building.
3. If Vendor's work involves professional design or engineering, special evidence of $3,000,000 in
professional liability coverage is required by Manager.
4. If Vendor's work involves any hazardous or toxic substances or materials such as Asbestos or Asbestos
abatement, special evidence of $3,000,000 in Contractor's Pollution Liability coverage is also be required
by Manager.
5. Manager requires each Vendor to submit certificates of insurance and endorsements in form and
substance satisfactory to Manager as evidence of the coverages required. Each required policy will
provide for (A) waiver of subrogation against Manager; and (B) if Vendor's liability insurance limit is
subject to a policy aggregate, the aggregate limit must apply per project, or per location. All of Vendor's
policies will provide for thirty (30) days' prior written notice to Manager of cancellation and shall be
issued by insurers with a Best's rating of A - VII or higher as reported in the most recent Property
&Casualty Reports Key Rating Guide edition.
6. For Projects in which Manager acts as Project Manager, Contractors are required to extend broad
form indemnities to both Manager and Sub-Manager and name Manager and Sub-Manager as
additional insured.
7. The following should be named as the Certificate Holder:
DF 333 WABASH PROPCO LLC
c/o SHVO
745 5th Ave, 19th Floor
New York, NY 10151
Again, please remember that a current Certificate of Insurance must be provided to the Office of the
Building via email at 333@SHVO.com or direct to 333 S. Wabash Ave. Suite 302 Chicago, IL 60604 prior
to the start of work or commencement of delivery.

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