Employee Fidelity Bond Sample Clauses

Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Up to $100,000.00 20 percent of budget (Minimum $10,000) $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000.

Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Up to $100,000.00 20 percent of budget (Minimum $10,000) $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000 $2,000,000.01 to $5,000,000.00 $125,000 plus 1 percent of all over $2,000,000 $5,000,000.01 to $10,000,000 $155,000 plus ½ percent of all over $5,000,000 10,000,000.01 and upwards $180,000 plus ¼ percent of all over $10,000,000 In fixing such minimum bond, round to the nearest $1,000. 2. The Provider shall, prior to the commencement of services required under this Agreement, provide the District with valid Certificates of Insurance as evidence of the Provider’s insurance coverage in accordance with the foregoing provisions. Such Certificates of Insurance shall specify that the insurance provided is of the types and is in the amounts required in Subsection A(1)(a), (b), (c), (d) and (e) above. 3. Standard exclusions will be allowed provided they are not inconsistent with the requirements set forth Subsection A(1)(a), (b), (c), (d) and (e) above. Allowance of any additional exclusions will be at the discretion of the State. Regardless of the allowance of exclusions or deductions by the State, the Provider shall be responsible for the deductible limit of the policy and all exclusions consistent with the risks the Provider assumes under this Agreement and as imposed by law. 4. The Certificates shall provide for notice in writing to the District prior to any cancellation, expiration, or non-renewal during the term the insurance is required in accordance with this Agreement. The Provider shall also, upon request, provide the DOE with valid Certificates of Insurance and copies of each policy required under this Agreement certified by the agent or underwriter to be true copies of the policies provided to the Provider. In the event that the Provider provides evidence of insurance in the form of Certificates of Insurance valid for a period of time less than the period during which the Provider is required by the terms...

Employee Fidelity Bond. A company-wide blanket Employee Fidelity Bond intended to cover every officer, director, agent, subcontractor, or employee authorized to receive or deposit funds under the contract, or issue financial documents, checks, or other instruments of payment of program costs. This bond shall be in the amount of $100,000 or the highest planned single payment by CSB during the contract period, whichever is more.

Employee Fidelity Bond. An Employee Fidelity Bond shall be procured on all employees of the Provider insuring against loss from employee's dishonest acts. The Bond shall be in the amount of a percentage of the current year’s budget set forth in the schedule below: Up to $100,000.00 20 percent of budget (Minimum $10,000) $100,000.01 to $250,000 $20,000 plus 15 percent of all over $100,000 $250,000.01 to $500,000.00 $42,500 plus 13 percent of all over $250,000 $500,000.01 to $750,000.00 $75,000 plus 8 percent of all over $500,000 $750,000.01 to $1,000,000.00 $95,000 plus 4 percent of all over $750,000 $1,000,000.01 to $2,000,000.00 $105,000 plus 2 percent of all over $1,000,000