Common use of Design-Builder's Professional Liability Clause in Contracts

Design-Builder's Professional Liability. Design-Builder and the Architect shall each maintain for three years after Substantial Completion subject to RCW 4.16.310 (or, if earlier, until demolition of the buildings) professional errors and omissions insurance in an amount no less than $2 million. Design-Builder shall promptly notify Owner of any material changes to, interruption of, or termination of, this insurance. Design-Builder may contractually require its Specialty Consultants of any tier to maintain professional errors and omissions insurance in an amount of at least $1 million.

Design-Builder's Professional Liability. Design-Builder and the Architect shall each maintain for three years after Substantial Completion subject to RCW 4.16.310 (or, if earlier, until demolition of the buildings) professional errors and omissions insurance in an amount no less than $2 millionmillion (deductible of up to $5,000 permitted), subject to availability of such insurance. Design-Builder shall promptly notify Owner of any material changes to, interruption of, or termination of, of this insurance. Design-Builder may shall contractually require its Specialty Design Consultants of any tier to maintain professional errors and omissions insurance in an amount of at least $1 million. If professional errors and omissions insurance is not reasonably available for or applicable to a class of consultants, Design-Builder must promptly notify Owner.

Design-Builder's Professional Liability. Design-Builder and the Architect shall each maintain for three years after Substantial Completion subject to RCW 4.16.310 (or, if earlier, until demolition of the buildings) professional errors and omissions insurance in an amount no less than $2 million. Design-Builder shall promptly notify Owner of any material changes to, interruption of, or termination of, this insurance. Design-Builder may shall contractually require its Specialty Design Consultants of any tier to maintain professional errors and omissions insurance in an amount of at least $1 million. If professional errors and omissions insurance is not reasonably available for or applicable to a class of consultants, Design-Builder must promptly notify Owner.