DEP memo comparing widely disparate insurance premium quotes from three remediation contractors for $50 million coverage, noting concerns about cost variation.
NYC-WTC_000152872–000152875
OCR status: ok · source: pdftotext
NYC 9/11 Public Portal Document
Avaltroni, Robert J From Erdfarb, Stuart Sent: Monday, May 13, 2002 12:01 PM To: Ward, Chris; Chapin, Diana; Avaltroni, Robert Cc: Hoffer, Mark; Schiano, Frank; Pecunies, Russ; Fenves, Carol; Gilsenan, Michael (ex); Smyth, Virginia; Radhakrishnan, Krish Subject: Exterior Cleaning Insurance
FYI, the three remediation firms, for the same $50 million insurance coverage, have quoted widely disparate premiums. We are not insurance experts at DEP and have no way of knowing if we are being gouged. However, since this is an emergency, and we must proceed immediately, I will add the amounts to the contracts.
KURZBAN $193,000 FIBER. $ 65,000 TRIO $ 50,000
NYC-WfC_000152872
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NYC-WTC_000152919
Memo dated May 13, 2002 comparing insurance coverage premiums from three remediation firms for $50 million in coverage with quotes ranging from $50,000 to $193,000.
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NYC-WTC_000152919
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