Common use of Construction Contracts; Insurance Clause in Contracts

Construction Contracts; Insurance. All construction contracts for the Work entered into by or on behalf of the Developer shall state that the contractor has no recourse against the City in connection with the contractor’s construction of the applicable portion of the Work. The Developer shall obtain or shall require any contractor to obtain workers’ compensation, commercial public liability and builder’s risk insurance coverage in the amounts required by the Bond Documents and shall deliver evidence of such insurance to the City in accordance with the provisions of the Bonds Documents. The Developer shall require that such insurance be maintained by the contractors for the duration of the construction of the applicable portion of the Work.

Construction Contracts; Insurance. The Developer may enter into one or more construction contracts to complete the Work. All construction contracts for the Work entered into by or on behalf of the Developer shall state that the contractor has no recourse against the City in connection with the contractor’s construction of the applicable portion of the Work. The Developer shall obtain or shall require any contractor to obtain workers’ compensation, commercial public liability and builder’s risk insurance coverage in the amounts required by the Bond Documents City pursuant to Section 7.10 and shall deliver evidence of such insurance to the City in accordance with the provisions of the Bonds DocumentsCity. The Developer shall require that such insurance be maintained by the contractors for the duration of the construction of the applicable portion of the Work.