Common use of DESIGN/BUILDER’S LIABILITY INSURANCE Clause in Contracts

DESIGN/BUILDER’S LIABILITY INSURANCE. Prior to commencement of the Work, Design- Builder shall obtain all the insurance required by the Contract Documents and provide evidence satisfactory to Owner that such insurance has been procured. Review of Design-Builder’s insurance by Owner shall not relieve or decrease the liability of Design-Builder. Companies writing the insurance to be obtained by this part shall be licensed to do business in the State of Washington. The Contract Sum includes the cost of all insurance and bond costs required to complete the Work. Insurance carriers providing insurance in accordance with the Contract Documents shall be acceptable to Owner, and its A. M. Best rating shall be indicated on the insurance certificates.

DESIGN/BUILDER’S LIABILITY INSURANCE. Prior to commencement of the Work, Design- Builder shall obtain all the insurance required by the Contract Documents and provide evidence satisfactory to Owner that such insurance has been procuredprocured copies of the entire policies and all addendums or other attachments to Owner. Review of Design-Builder’s insurance by Owner shall not relieve or decrease the liability of Design-Builder. Companies writing the insurance to be obtained by this part shall be licensed to do business in the State of Washington. The Contract Sum includes the cost of all insurance and bond costs required to complete the Work. Insurance carriers providing insurance in accordance with the Contract Documents shall be acceptable to Owner, and its A. M. Best rating shall be indicated on the insurance certificates.