Commercial Public Liability. (1) The Concessioner shall provide commercial general liability insurance against claims arising out of or resulting from the acts or omissions of the Concessioner or its employees, agents or contractors, in carrying out the activities and operations required and/or authorized under this Contract. (2) This insurance shall be in the amount commensurate with the degree of risk and the scope and size of the activities required and/or authorized under this Contract, as more specifically set forth in Exhibit I. Furthermore, the commercial general liability package shall provide no less than the coverages and limits described in Exhibit I. (3) All liability policies shall specify that the insurance company shall have no right of subrogation against the United States of America and shall provide that the United States of America is named an additional insured. (4) From time to time, as conditions in the insurance industry warrant, the Director may modify Exhibit I to revise the minimum required limits or to require additional types of insurance, provided that any additional requirements must be reasonable and consistent with the types of insurance a prudent businessperson would purchase in similar circumstances.
Appears in 2 contracts
Samples: Category I Contract, Part Iv – Draft Contract
Commercial Public Liability.
(1) The Concessioner Concession Contractor shall provide acquire commercial general liability insurance against claims arising out of or resulting from the acts or omissions of the Concessioner Concession Contractor or its employees, agents agents, or contractors, contractors in carrying out the activities and operations required and/or or authorized under this Concession Contract.
(2) . This insurance shall be in the amount commensurate with the degree of risk and the scope and size of the activities required and/or authorized under this Concession Contract, as more specifically set forth in Exhibit I. Furthermore, the commercial general liability package shall provide no less than the coverages coverage and limits described in Exhibit I.
(3) I. All liability policies shall specify that the insurance company shall have no right of subrogation against the United States of America and shall provide that the United States of America is named an additional insured.
(4) . From time to time, as conditions in the insurance industry warrantReclamation may, the Director may at Reclamation’s discretion, modify Exhibit I to revise the minimum required limits or to require additional types of insurance, provided that any additional requirements must be reasonable and consistent with the types of insurance a prudent businessperson would purchase in similar circumstances.
Appears in 1 contract
Samples: www.usbr.gov
Commercial Public Liability.
(1) The Concessioner Concession Contractor shall provide acquire commercial general liability insurance against claims arising out of or resulting from the acts or omissions of the Concessioner Concession Contractor or its employees, agents agents, or contractors, contractors in carrying out the activities and operations required and/or or authorized under this Concession Contract.
(2) . This insurance shall be in the amount commensurate with the degree of risk and the scope and size of the activities required and/or authorized under this Concession Contract, as more specifically set forth in Exhibit I. Furthermore, the commercial general liability package shall provide no less than the coverages coverage and limits described in Exhibit I.
(3) I. All liability policies shall specify that the insurance company shall have no right of subrogation against the United States of America and shall provide that the United States of America is named an additional insured.
(4) . From time to time, as conditions in the insurance industry warrantReclamation may, the Director may at Reclamation‟s discretion, modify Exhibit I to revise the minimum required limits or to require additional types of insurance, provided that any additional requirements must be reasonable and consistent with the types of insurance a prudent businessperson would purchase in similar circumstances.
Appears in 1 contract
Samples: www.lakeberryessanews.com