Common use of Contractor’s Equipment Insurance Clause in Contracts

Contractor’s Equipment Insurance. Contractor shall provide and maintain insurance, or shall self-insure, against loss or damage to all construction equipment, whether owned or leased by Contractor, which is utilized by Contractor to perform the Services and which is not permanently incorporated in the Project. Contractor waives any claim against the Indemnified Parties for loss or damage to such equipment. Contractor shall include a similar requirement in its subcontracts, and shall require its Lower-Tier Subcontractors to provide such a claim waiver for the benefit of Contractor and the Indemnified Parties. Scope of Work Timeline and Fees:

Appears in 5 contracts

Samples: Independent Contractor Services Agreement, Independent Contractor Services Agreement, Independent Contractor Services Agreement

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