Common use of Certificate of Insurance Requirements Clause in Contracts

Certificate of Insurance Requirements. CM/GC shall provide Owner with certificates of insurance, completed by a duly authorized representative evidencing that at least the minimum coverages required herein are in effect and specifying that the liability coverages (except professional liability, if required) are written on an occurrence form. The certificates of insurance shall contain a provision that the coverage afforded under the policy or policies will not be canceled or non-renewed without thirty (30) days' prior written notice to Owner. The failure of Owner to demand such a certificate or other evidence of full compliance with these requirements or the failure of Owner to identify a deficiency from evidence provided shall not be construed as a waiver of CM/GC’s obligation to maintain such insurance. The acceptance of delivery by Owner or its designated representative of any certificate of insurance evidencing the required coverages and limits does not constitute approval or agreement by Owner that the insurance requirements have been met or that the insurance policies shown in the certificates of insurance are in compliance with the requirements. Owner shall have the right, but not the obligation, of prohibiting CM/GC and its subcontractors from entering the Project site until such certificates or other evidence that insurance has been placed in complete compliance with these requirements is received and approved by Owner. If CM/GC fails to maintain the insurance as set forth herein, Owner shall have the right, but not the obligation, to purchase said insurance at CM/GC's expense as long as the insurance is available at commercially reasonable rates. Alternatively, CM/GC's failure to maintain the required insurance shall constitute a material breach hereof and may result in termination of this contract at Owner's option. Provision of proper certificates of insurance as set forth herein by CM/GC on behalf of itself and all subcontractors actively operating on site is a condition precedent to payment hereunder. If any of the coverages are required to remain in force after final payment, an additional certificate evidencing continuation of such coverages shall be submitted with CM/GC's final invoice and annually thereafter. Upon demand by the Owner, CM/GC shall provide certified copies of any policy set forth above. Subcontractor Insurance Requirements. Unless the CM/GC provides a CCIP for the Project, CM/GC shall require each Subcontractor performing Work or performing any activity on the Project Site to obtain an insurance certificate showing proof of Commercial General Liability, Workers' Compensation Coverage and Employers Liability Insurance, Commercial Automobile Liability, Umbrella Liability, and Professional Liability (where required) with limits commercially appropriate for the work of such Subcontractor and in no event less than $1,000,000 per occurrence, claim, accident, or employee, as applicable to each line of coverage, and CM/GC shall provide Owner with an insurance certificate for each Subcontractor evidencing compliance with this provision annually and before such Subcontractor begins work on the Project. CM/GC shall submit the Subcontractor’s insurance certificates with each Component Change Order, Guaranteed Maximum Price Change Order, or as new Subcontractors are engaged. Defined Terms and Basic Definitions

Certificate of Insurance Requirements. CM/GC shall provide Owner with certificates of insurance, completed by a duly authorized representative evidencing that at least the minimum coverages required herein here are in effect and specifying that the liability coverages (except professional liability, if required) are written on an occurrence form. The certificates of insurance shall contain a provision that the coverage afforded under the policy or policies will not be canceled or non-renewed without thirty (30) days' prior written notice to Owner. The failure Failure of Owner to demand such a certificate or other evidence of full compliance with these requirements or the failure of Owner to identify a deficiency from evidence provided shall not be construed as a waiver of CM/GC’s obligation to maintain such insurance. The acceptance of delivery by Owner or its designated representative of any certificate of insurance evidencing the required coverages and limits does not constitute approval or agreement by Owner that the insurance requirements have been met or that the insurance policies shown in the certificates of insurance are in compliance with the requirements. Owner shall have the right, but not the obligation, of prohibiting CM/GC and its subcontractors from entering the Project site until such certificates or other evidence that insurance has been placed in complete compliance with these requirements is received and approved by Owner. If CM/GC fails to maintain the insurance as set forth hereinhere, Owner shall have the right, right but not the obligation, to purchase said insurance at CM/GC's expense as long as the insurance is available at commercially reasonable rates. Alternatively, CM/GC's failure to maintain the required insurance shall constitute a material breach hereof and may result in termination of this contract at Owner's option. Provision of proper certificates of insurance as set forth herein by CM/GC on behalf of itself and all subcontractors actively operating on site is a condition precedent to payment hereunder. If any of the coverages are required to remain in force after final payment, an additional certificate evidencing continuation of such coverages shall be submitted with CM/GC's final invoice and annually thereafter. Upon demand by the Owner, CM/GC shall provide certified copies of any policy set forth above. Subcontractor Insurance Requirements. Unless the CM/GC provides a CCIP for the Project, CM/GC shall require all each Subcontractor Subcontractors performing Work or performing any activity on the Project Site work under this Contract to obtain an insurance certificate showing proof of Commercial General Liability, Workers' Compensation Coverage and Employers Liability Insurance, Commercial Automobile Liability, Umbrella Liability, and Professional Liability (where required) with limits commercially appropriate for the work of such Subcontractor and in no event less than $1,000,000 per occurrence, claim, accident, or employee, as applicable to each line of coverage, and CMGM/GC shall provide Owner with an insurance of certificate for each Subcontractor evidencing compliance with this provision annually and before such Subcontractor begins work on the Project. CM/GC shall submit the Subcontractor’s insurance certificates with each Component Change Order, Guaranteed Maximum Price Change Order, or as new Subcontractors are engaged. engaged a certificate on the letterhead of CM/GC in the following language: “This is to certify that all subcontractors performing work on this Project are covered by their own Employers Liability Insurance Coverage or are covered by CM/GC’s Employers Liability Insurance Coverage.” Defined Terms and Basic Definitions

Certificate of Insurance Requirements. CM/GC shall provide Owner with certificates of insurance, completed by a duly authorized representative representative, evidencing that at least the minimum coverages required herein are in effect and specifying that the liability coverages (except professional liability, if required) are written on an occurrence form. The certificates of insurance shall contain a provision that the coverage afforded under the policy or policies will not be canceled or non-renewed without thirty (30) days' prior written notice to Owner. The failure of Owner to demand such a certificate or other evidence of full compliance with these requirements or the failure of Owner to identify a deficiency from evidence provided shall not be construed as a waiver of CM/GC’s obligation to maintain such insurance. The acceptance of delivery by Owner or its designated representative of any certificate of insurance evidencing the required coverages and limits does not constitute approval or agreement by Owner that the insurance requirements have been met or that the insurance policies shown in the certificates of insurance are in compliance with the requirements. Owner shall have the right, but not the obligation, of prohibiting CM/GC and its subcontractors Subcontractors from entering the Project site until such certificates or other evidence that insurance has been placed in complete compliance with these requirements is received and approved by Owner. If CM/GC fails to maintain the insurance as set forth herein, Owner shall have the right, but not the obligation, to purchase said insurance at CM/GC's expense as long as the insurance is available at commercially reasonable rates. Alternatively, CM/GC's failure to maintain the required insurance shall constitute a material breach hereof and may result in termination of this contract at Owner's option. Provision of proper certificates of insurance as set forth herein by CM/GC on behalf of itself and all subcontractors Subcontractors actively operating on site is a condition precedent to payment hereunder. If any of the coverages are required to remain in force after final payment, an additional certificate evidencing continuation of such coverages shall be submitted with CM/GC's final invoice and annually thereafter. Upon demand by the Owner, CM/GC shall provide certified copies of any policy set forth aboveherein. Subcontractor Insurance Requirements. Unless the CM/GC provides a CCIP for the Project, CM/GC shall require each Subcontractor performing Work or performing any activity on the Project Site to obtain an insurance certificate showing proof of Commercial General Liability, Workers' Compensation Coverage and Employers Liability Insurance, Commercial Automobile Liability, Umbrella Liability, and Professional Liability (where required) with limits commercially appropriate for the work of such Subcontractor and in no event less than $1,000,000 per occurrence, claim, accident, or employee, as applicable to each line of coverage, and CM/GC shall provide Owner with an insurance certificate for each Subcontractor evidencing compliance with this provision annually and before such Subcontractor begins work on the Project. CM/GC shall submit the Subcontractor’s insurance certificates with each Component Change Order, Guaranteed Maximum Price Change Order, or as new Subcontractors are engaged. Defined Terms and Basic Definitions

Certificate of Insurance Requirements. CM/GC Design Professional shall provide Owner with certificates of insurance, completed by a duly authorized representative representative, evidencing that at least the minimum coverages required herein are in effect and specifying that the liability coverages (except professional liability, if required) are written on an occurrence form. The certificates of insurance shall contain a provision that the coverage afforded under the policy or policies will not be canceled or non-renewed without thirty (30) days' prior written notice to Owner. The failure Failure of Owner to demand such a certificate or other evidence of full compliance with these requirements or the failure of Owner to identify a deficiency from evidence provided shall not be construed as a waiver of CM/GCDesign Professional’s obligation to maintain such insurance. The acceptance of delivery by Owner or its designated representative of any certificate of insurance evidencing the required coverages and limits does not constitute approval or agreement by Owner that the insurance requirements have been met or that the insurance policies shown in the certificates of insurance are in compliance with the requirements. Owner shall have the right, but not the obligation, of prohibiting CM/GC Design Professional and its subcontractors consultants from entering the Project site until such certificates or other evidence that insurance has been placed in complete compliance with these requirements is received and approved by Owner. If CM/GC Design Professional fails to maintain the insurance as set forth hereinhere, Owner shall have the right, right but not the obligation, to purchase said insurance at CM/GCDesign Professional's expense as long as the insurance is available at commercially reasonable rates. Alternatively, CM/GCDesign Professional's failure to maintain the required insurance shall constitute a material breach hereof and may result in termination of this contract Contract at Owner's option. Provision of proper certificates of insurance as set forth herein by CM/GC on behalf of itself and all subcontractors actively operating on site is a condition precedent to payment hereunder. If any of the coverages are required to remain in force after final payment, an additional certificate evidencing continuation of such coverages shall be submitted with CM/GCDesign Professional's final invoice and annually thereafter. Upon demand by the Owner, CM/GC Design Professional shall provide certified copies of any policy set forth above. Subcontractor Insurance Requirements. Unless the CM/GC provides a CCIP for the Project, CM/GC shall require each Subcontractor performing Work or performing any activity on the Project Site to obtain an insurance certificate showing proof of Commercial General Liability, Workers' Compensation Coverage and Employers Liability Insurance, Commercial Automobile Liability, Umbrella Liability, and Professional Liability (where required) with limits commercially appropriate for the work of such Subcontractor and in no event less than $1,000,000 per occurrence, claim, accident, or employee, as applicable to each line of coverage, and CM/GC shall provide Owner with an insurance certificate for each Subcontractor evidencing compliance with this provision annually and before such Subcontractor begins work on the Project. CM/GC shall submit the Subcontractor’s insurance certificates with each Component Change Order, Guaranteed Maximum Price Change Order, or as new Subcontractors are engaged. Defined Terms and Basic Definitions.