New Requirement: Vendor Certificate of Insurance for All UMB Foundation Contracts
September 10, 2025All UMB Foundation (UMBF) contracts will now require vendors/venues to provide a Certificate of Insurance (COI) naming UMBF, Inc. and affiliates as additional insureds. Please click here for exact wording to share with vendors.
Key points for event planning:
- Address COI requirements at the start of planning.
- If a vendor cannot provide a compliant COI, UMBF cannot sign the contract.
- Events involving alcohol require additional review for liquor license and liability coverage.
- Submit contracts/COIs early; review may take up to 14 business days.
Please also continue to:
- Title contracts correctly: "UMBF, Inc. on behalf of School/Division and Vendor Name"
- Follow vendor selection/payment guidelines, which are available for review on UMBF's taxes and contracts webpage.
Questions? Email UMBF-Operations@umaryland.edu
Thank you for helping us manage risk and keep your events running smoothly.
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