Common use of Contractor’s Professional Liability Clause in Contracts

Contractor’s Professional Liability. In any construction contract that requires professional services as part of the work, contractor shall provide $2,000,000 per claim/$2,000,000 aggregate professional liability errors and omissions coverage. If coverage is placed on a “Claims-Made” basis, then the Retrospective Date of the policy must match or precede the date the first professional services are provided. Evidence of continuous coverage or an extended reporting period endorsement shall be required for a period of six (6) years after substantial completion.

Contractor’s Professional Liability. In any construction contract that requires professional services as part of the work, contractor shall provide $2,000,000 25,000,000 per claim/$2,000,000 claim/aggregate professional liability errors and omissions coverage. If coverage Coverage is placed on a “Claims-Made” basis, then the Retrospective Date of the policy must match or precede the date the first professional services are provided. Evidence of continuous coverage or an extended reporting period endorsement shall be required for a period of six (6) years after substantial completionFinal Completion.

Contractor’s Professional Liability. In any construction contract that requires professional services as part of the work, contractor shall provide $2,000,000 $ per claim/$2,000,000 claim/aggregate professional liability errors and omissions coverage. If coverage is placed on a “Claims-Made” basis, then the Retrospective Date of the policy must match or precede the date the first professional services are provided. Evidence of continuous coverage or an extended reporting period endorsement shall be required for a period of six (6) years after substantial completion.