(a) Every firm awarded a professional services contract shall have and maintain, or be covered by, during the period the services are rendered, a professional liability insurance policy or policies with a company or companies that are authorized to do business in Ohio and that afford professional liability coverage for the services rendered. The insurance shall be in an amount determined to be sufficient by the director or board, and approved by the Board of Control.
(b) The requirement for professional liability insurance set forth in division (a) of this section may be waived by the Board of Control for good cause upon the recommendation of the director or board, or the Board of Control may permit the firm providing the professional services to provide other assurances of financial responsibility.
(Ord. 2007-68. Passed 2-5-08.)