Common use of Deductibles and Self-Insured Retention Clause in Contracts

Deductibles and Self-Insured Retention. Any deductibles or self-insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 The District can accept the higher deductible; 14.4.2 Construction Manger’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any deductibles or self-insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 The 15.4.1 District can accept the higher deductible; 14.4.2 Construction Manger15.4.2 CM’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 15.4.3 CM shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any deductibles or self-insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 15.4.1 The District can accept the higher deductible; 14.4.2 Construction Manger15.4.2 PM/CM’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 15.4.3 PM/CM shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any deductibles or self-self- insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 15.4.1 The District can accept the higher deductible; 14.4.2 Construction Manger15.4.2 CM’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 15.4.3 CM shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any deductibles or self-self- insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 The 15.4.1 District can accept the higher deductible; 14.4.2 Construction Manger15.4.2 CM’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 15.4.3 CM shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any The Consultant shall inform the District in writing if any deductibles or self-insured retention exceeding Twentyexceeds twenty-Five Thousand Dollars five thousand dollars ($25,000) must be declared to and approved by the Districtfor all coverages, except professional liability. At the option of the District, either: 14.4.1 1. The District can accept the higher deductible; 14.4.2 Construction Manger2. The Consultant’s insurer shall reduce or eliminate such deductibles or self-self- insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 3. The Consultant shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.

Deductibles and Self-Insured Retention. Any The Engineer shall inform the District in writing if any deductibles or self-insured retention exceeding Twenty-Five Thousand Dollars exceeds one hundred thousand dollars ($25,000) must be declared to and approved by the District100,000). At the option of the District, either: 14.4.1 1. The District can accept the higher deductible;deductible;‌ 14.4.2 Construction Manger2. The Engineer’s insurer shall reduce or eliminate such deductibles or self-self- insured retention as respects the District, its officers, officials, employees and volunteers; oror‌ 14.4.3 Construction Manager 3. The Engineer shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.expenses.‌

Deductibles and Self-Insured Retention. Any deductibles or self-insured retention exceeding Twenty-Five Thousand Dollars ($25,000) must be declared to and approved by the District. At the option of the District, either: 14.4.1 The 15.4.1 District can accept the higher deductible; 14.4.2 Construction Manger15.4.2 PM’s insurer shall reduce or eliminate such deductibles or self-insured retention as respects the District, its officers, officials, employees and volunteers; or 14.4.3 Construction Manager 15.4.3 PM shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses.