Officers will need to review the levels of insurance considering the contract value and increase if required. The levels of insurance are set at these figures because our insurance policies require us to have suitable arrangements when we outsource and enter contractual arrangements with third parties. A request to decrease any level of insurance by a supplier or by an officer on consideration of the risk profile and contract value must have the approval of Lisa Hastings and Richard Barrett. Please submit this form to legal.admin for Lisa and Richard’s consideration.