PRODUCT SUPPLY VENDORS
Product Supply Vendors are solely providing products to the University (i.e. The Vendor is not providing installation, assembly, or other services) and will not be on Villanova's premises, including The Inn. For purposes of insurance requirements, Product Supply Vendors are classified as 1) delivering using company or employee owned vehicles or 2) delivering using a third-party common carrier (e.g. UPS, FedEx, etc.).
Product Supply Vendors delivering via company or employee owned vehicles are required to provide an insurance certificate evidencing the below. If the Vendor is a new Vendor to the University, the Vendor will upload the insurance certificate into PaymentWorks as part of the onboarding process.
Product Supply Vendors delivering using a third-party common carrier typically do not need to provide evidence of insurance.
Product Supply Vendors Delivering via company or employee owned vehicles are required to carry the below applicable insurance and provide evidence via a certificate of insurance.
- Villanova University listed as the certificate holder (Villanova University, Attn: Insurance and Risk Management, 800 Lancaster Avenue, Villanova, PA 19085)
- Villanova University named as additional insured
- General Liability: $3,000,000 each occurrence
- Automobile Liability: $3,000,000 each accident.
The General Liability and Automobile Liability limits may be met via an Umbrella/ Excess Liability policy.
- Workers Compensation: Statutory*
- Employers Liability: $100,000/ $500,000/ $100,000*
*If Vendor is a sole proprietor or otherwise not required by law to carry workers compensation/ employers liability, these requirements are waived as long as the Product Supply Vendor attests in writing that those providing services on Villanova's campus carry health insurance.
If your maximum limits do not meet the above required limits, please provide a certificate evidencing your maximum limits and advise that these are your maximum limits. It is recognized that certain small vendors, contractors, or groups may not meet Villanova University’s standard insurance requirement limits. In those cases, a request for an exception may be made to the Insurance and Risk Management Department. However, no exceptions to the limits outlined above are permitted without the approval of the Insurance and Risk Management Department.
Note: The above insurance requirements apply to the Vendor, as well as all subcontractors hired by the Vendor to provide services and/or products to Villanova University.