Insurance - Section 25
82 Section 25 of SoPC addresses the issue of Service Provider insurance. These issues are relevant to Local Authority social care PFI projects and the Model Contract incorporates the suggested and required drafting on insurance issues.
83 The issue of insurance is complex, and the Local Authority's risk management officer should be involved in the drafting and negotiation of insurance issues. It is important for Local Authorities to understand bidders' risk contingencies in respect of insurance and on what basis these are priced.