Contractor’s General Public Liability and Property Damage Insurance. Each contractor entering into a Construction Contract for the construction of the Project, or the construction manager at risk or any first-tier subcontractor entering into a construction contract with the construction manager at risk for the construction of the Project shall be required by the County to procure and maintain standard form (1) comprehensive general public liability and property damage insurance, at its own cost and expense, during the duration of such contractor’s construction contract, in the amount of at least $1,000,000 bodily injury and property damage liability combined single limit each occurrence/annual aggregate, and (2) comprehensive automobile liability insurance on owned, hired and non-owned vehicles for limits not less than $1,000,000 each accident bodily injury and property damage liability. Such policies shall include the County and the Bank as additional named insureds, and shall include a provision providing that if such policies are cancelled or terminated that the issuing insurer will endeavor to mail 30 days prior written notice to the named insureds, but failure to mail such notice will impose no liability on the insurer. A certificate evidencing such coverage shall be provided to the County and the Bank or, if such insurance is provided by a private carrier, a completed certificate of insurance, in form acceptable to the County and the Bank, shall be provided to the County and, if the Bank so requests, to the Bank with respect to each contractor entering into a construction contract or, in the case of a construction manager at risk, the construction manager at risk or any first-tier subcontractor entering into a construction contract with the construction manager at risk. Such insurance shall provide protection from all claims for bodily injury, including death, property damage and contractual liability, products/completed operations, broad form property damage and XCU (explosion, collapse and underground property damage), where applicable.
Contractor’s General Public Liability and Property Damage Insurance. Each contractor and subcontractor entering into a construction contract shall be required to procure and maintain either standard form comprehensive general public liability and property damage insurance or standard form owners and contractors protective liability insurance, during the duration of such contractor’s or subcontractor’s construction contract, in a commercially reasonable amount. If a standard form comprehensive general public liability and property damage insurance is procured, such policy shall include BB&T as an additional named insured and shall include a provision prohibiting cancellation or termination without 30 days prior notice by certified mail to the County and BB&T. If standard form owners and contractors protective liability insurance is procured, such policy shall include BB&T as named insured, and shall include a provision prohibiting cancellation or termination without 30 days prior notice by certified mail to the County and BB&T. A certificate of insurance in form acceptable to the County and BB&T shall be provided to the County and BB&T with respect to each contractor and subcontractor. Such insurance shall provide protection from all claims for bodily injury, including death, property damage and contractual liability.
Contractor’s General Public Liability and Property Damage Insurance. Each contractor and subcontractor entering into a Construction Contract shall be required to procure and maintain standard form comprehensive property damage insurance during the duration of such contractor's or subcontractor's Construction Contract, in the amount of at least $2,000,000 for the primary contractor and at least $1,000,000 per occurrence and $2,000,000 aggregate claims for each subcontractor. The standard form comprehensive property damage insurance shall include the Trustee and the Lessor as additional named insureds and shall include a provision prohibiting cancellation or termination without thirty (30) days' prior notice by certified mail to the Lessee, the Lessor and the Trustee. A certificate of insurance, in a form acceptable to the Lessee, shall be provided by the primary contractor to the Lessee with respect to each contractor and subcontractor. Such insurance shall provide protection from all claims for bodily injury, including death, property damage, and contractual liability.
Contractor’s General Public Liability and Property Damage Insurance. Each Contractor and subcontractor retained by the Board or the Authority in connection with a Construction Contract shall be required to procure and maintain comprehensive general public liability and property damage insurance as applicable, at his own cost and expense, in an amount that is consistent with prudent practice during the duration of such Construction Contract. Such policies shall carry loss payable endorsements in favor of the Trustee under the Indenture. Such insurance shall include a provision prohibiting cancellation or amendment without ten (10) days’ prior notice by certified mail to the Trustee. Such insurance shall provide protection from all claims for bodily injury, including death, and all claims for destruction of or damage to the respective Project arising out of or in connection with such contractor’s performance of his contract, whether such operations be by himself or by any subcontractor under him or anyone directly or indirectly employed by the contractor or such subcontractor. All limitations of liability contained in such insurance policy or policies and set forth on such certificate of insurance, and any exclusions provided therein, shall be approved by the Board. The requirements of this Section 7.9 may be met with respect to subcontractors by contractually obligating a Contractor to ensure that the subcontractors it retains comply with such requirements.
Contractor’s General Public Liability and Property Damage Insurance. Each contractor, or the construction manager at risk or any first-tier subcontractor entering into a construction contract with the construction manager at risk, entering into a construction contract related to the Project is required by the County to procure and maintain standard form (a) comprehensive general public liability and property damage insurance, at its own cost and expense, during the duration of such contractor’s construction contract, in the amount of at least $1,000,000 bodily injury and property damage liability combined single limit each occurrence/annual aggregate, and (b) comprehensive automobile liability insurance on owned, hired and non-owned vehicles for limits not less than $1,000,000 each accident bodily injury and property damage liability. Such policies must include the County, the Corporation and the Trustee as additional named insureds, and shall include a provision prohibiting cancellation or termination without 30 days’ prior notice by certified mail to the County and the Trustee. A certificate evidencing such coverage shall be provided to the County and the Trustee or, if such insurance is provided by a private carrier, a completed certificate of insurance, in form acceptable to the County and the Trustee, shall be provided to the County and the Trustee with respect to each contractor entering into a construction contract or, in the case of a construction manager at risk, the construction manager at risk or any first-tier subcontractor entering into a construction contract with the construction manager at risk. Such insurance shall provide protection from all claims for bodily injury, including death, property damage and contractual liability, products/completed operations, broad form property damage and XCU (explosion, collapse and underground property damage), where applicable.
Contractor’s General Public Liability and Property Damage Insurance. The County shall take such steps as are necessary to ensure that comprehensive general public and property damage liability insurance is provided by contractors in the same manner as would be applicable to any contracts of the County. The Corporation shall take any action requested by the County in this regard.
Contractor’s General Public Liability and Property Damage Insurance. The City and the Corporation shall take such steps as are necessary to ensure that comprehensive general public and property damage liability insurance are provided in the same manner as would be applicable to any contracts of the City. The Corporation shall take any action requested by the City in this regard.
Contractor’s General Public Liability and Property Damage Insurance. The Town will provide for each contractor entering into a Construction Contract to procure and maintain standard form (a) comprehensive general public liability and property damage insurance, at such contractor's own cost and expense, during the duration of such contractor's Construction Contract, in the amount of at least $1,000,000, and (b) comprehensive automobile liability insurance on owned, hired and nonowned vehicles for not less than $1,000,000. Such policies will include the Corporation and the Trustee as additional named insureds or loss payees. The Town will provide to the Trustee a certificate of insurance in a form acceptable to the Trustee, with respect to each contractor and subcontractor. Such insurance will provide protection from all claims for bodily injury, including death, property damage and contractual liability, products/completed operations, broad form property damage and XCU (explosive, collapse and underground damage), where applicable.
Contractor’s General Public Liability and Property Damage Insurance. To the extent mandated by State and local requirements (and in amounts required thereby), the County shall require each contractor entering into a Construction Contract to procure and maintain standard form (a) comprehensive general public liability and property damage insurance, at such contractor’s own cost and expense, during the duration of such contractor’s construction contract, and (b) comprehensive automobile liability insurance on owned, hired and non-owned vehicles. Such insurance shall provide protection from all claims for bodily injury, including death, property damage and contractual liability, products/completed operations, broad form property damage and XCU (explosive, collapse and underground damage), where applicable.
