Specifications include, but are not limited to: Offerors are to provide a bid for a one-year term with an option to renew for two additional years. $10,000,000 for D & O Liability insurance with a $100,000 retention and $10,000,000 employment practices liability insurance to include Third Party Wrongful acts with a $1,000,000 retention. Bids requested are for a three-year policy term with annual installments, a three-year prepaid policy term, or a one-year policy with option to renew for two additional years. Named insured shall read: Entity - Clemson University and Board of Trustees, to include Committee Chairman, Committee Members, Employees, and volunteers. Three of the University’s board members are designated by the State of South Carolina to serve as the South Carolina Crop Pest Commission, and the South Carolina Fertilizer Board. These two boards and its board members should be added to the policy as additional insured. Insured versus endorsement should be included. The policy should pay on behalf of the named insured. Coverage must be written with an insurance company Rated A, or better with Standard and Poor’s or Moody’s. The university prefers an admitted company, authorized to do business in the state of South Carolina. Loss runs will be provided for the last three years upon request.