The administration shall make every effort to obtain insurance coverages at the best available rates - consistent with required coverages and services - through obtaining quotations or bids.
The District's insurance program shall be administered by the Chief Financial Officer and/or the Chief Financial Officer's designee.
Originally Adopted: March 8, 1982
Last Revised: date of manual adoption (July 13, 1992)
Current Revision: December 11, 2023
Adoption Date: March 08, 1982
Last Revised: December 11, 2023
Cross References: | BID – Board Member Development Opportunities, Expenses, Insurance, Liability, Insurance Program/Risk Management |
EDB – Maintenance and Control of Materials and Equipment | |
Legal References: | C.R.S. § 8 44 110 (insurance carrier notification requirements for insurance coverage cancellation) |
C.R.S. § 22 32 110(1)(s),(t),(u), and (v) (board of education - specific powers and duties - to procure insurance) | |
C.R.S. § 22 45 103(1)(e) (accounting and reporting - risk management reserves for activities) | |
C.R.S. § 22-54-105(2) (funding requirements for risk management reserves for activities) | |
C.R.S. § 24 10 115 (authority for public entities to obtain insurance) | |
C.R.S. § 24 10 115.5 (authority for public entities to pool insurance coverage) | |
C.R.S. §§ 29 13 101 et seq. (local governments - authority to insurance property) | |