GC Loss Rate
After signing the GMAX contract, we wanted to procure our own insurance. All along, the GC has mentioned that we can do this and they will provide loss rates after the contract has been signed.
Now since the contract has been signed, all I'm getting is stonewalling from them and excuses why they can't provide the loss rates including that their internal policy has changed and they won't provide it.
What are my options to deal with this? This is a major red flag and we are thinking of backing out of the contract. The notice to proceed hasn't been sent out.
Does anyone have any experience with this and why they may be reluctant to provide the rates?
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