DESIGN INSURANCE Sample Clauses

DESIGN INSURANCE. In addition to the insurance required above, the following insurance for the design services under this Agreement shall be provided:
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DESIGN INSURANCE. In addition to the insurance required above, the following insurance for the design services under this Agreement shall be provided: DESIGN/BUILD TEAM Designer's Professional Liability Insurance. The DESIGN/BUILD TEAM shall maintain a professional liability insurance policy on a claims made basis, annual aggregate policy limit based on the following chart, unless modified in an attachment to this Agreement. Construction Budget Minimum Liability Coverage $50,000,000 and above $2,000,000 per claim, $4,000,000 aggregate $25,000,000 and above, but under $50,000,000 $2,000,000 per claim, $2,000,000 aggregate $1,500,000 and above but under $25,000,000 $1,000,000 per claim, $1,000,000 aggregate Under $1,500,000 $ 500,000 per claim, $ 500,000 aggregate Valuable papers and Records Coverage and/or Electronic Data Processing (Data and Media) Coverage. The DESIGN/BUILD TEAM and all engineering consultants of the DESIGN/BUILD TEAM shall provide coverage for the physical loss of or destruction to their work product including drawings, specifications and electronic data and media. ADDITIONAL COVERAGE. UVU reserves the right to require additional coverage from that stated hereinabove, at UVU's expense for the additional coverage portion only. UVU also reserves the right to require project specific insurance, and if such right has been exercised it shall be indicated as an exhibit to this DESIGN/BUILD TEAM's Agreement. Unless project specific insurance is required by UVU, the coverage may be written under a practice policy with limits applicable to all projects undertaken by the firm but must be maintained in force for the discovery of claims for a period of three (3) years after the date final payment is made to the DESIGN/BUILD TEAM under this DESIGN/ BUILD TEAM's Agreement. All policies provided by the DESIGN/BUILD TEAM must contain a "retroactive" or "prior-acts" date which precedes the earlier of, the date of the DESIGN/BUILD TEAM's Agreement or the commencement of the DESIGN/BUILD TEAM's services. The DESIGN/BUILD TEAM's policy must also include a contractual liability endorsement applicable to the indemnity provision contained under this Article of this DESIGN/ BUILD TEAM's Agreement. Any review and approval by UVU does not relieve the DESIGN/BUILD TEAM of any responsibility of liability for an error, omission, submittal or work. FURNISH EVIDENCE OF INSURANCE, CERTIFICATES, ADDITIONAL INSURED. The DESIGN/BUILD TEAM shall submit certificates in form and substance sat...
Sample 1
DESIGN INSURANCE. In addition to the insurance required above, the following insurance for the design services under this Agreement shall be provided: DESIGN/BUILD TEAM Designer's Professional Liability Insurance. The DESIGN/ BUILD TEAM shall maintain a professional liability insurance policy on a claims made basis, annual aggregate policy limit based on the following chart, unless modified in an attachment to this Agreement. Construction Budget Minimum Liability Coverage $50,000,000 and above $2,000,000 per claim, $4,000,000 aggregate $25,000,000 and above, but under $50,000,000 $2,000,000 per claim, $2,000,000 aggregate $1,500,000 and above but under $25,000,000 $1,000,000 per claim, $1,000,000 aggregate Under $1,500,000 $ 500,000 per claim, $ 500,000 aggregate
Sample 1
DESIGN INSURANCE. If Subcontractor's Services involve design or engineering work, performance specifications or design-build criteria, Subcontractor and/or Subcontractor’s design consultant shall obtain and maintain professional errors and omissions insurance or comparable coverage for the type of work performed with policy limits of at least $1,000,000. If coverage is under a “claims-made” policy, a minimum three (3) years extended reporting provision, commencing from receipt by Company of final payment from the applicable owner, shall be required. In the event Subcontractor elects to engage an independent contractor or subcontractor to assist with the performance of the Services pursuant to this Agreement that is not covered by Subcontractor’s insurance, Subcontractor acknowledges that Subcontractor shall be responsible for ensuring that such independent contractor or subcontractor has procured insurance coverages at levels in an amount equal to or higher than those required of Subcontractor pursuant to this Section. To the extent provided in a Prime Contract, Company and Subcontractor waive all rights of action and subrogation that the insurance company providing any builder’s risk policy may have against each of them and/or the owner, architect, and the officers, agents and employees of any of them, for all claims, damages, injuries and losses, to the extent covered by such property insurance. Such waiver of subrogation shall be effective for such persons even though such persons would otherwise have a duty of indemnification or contribution, contractual or otherwise, and even though such persons did not pay the insurance premium directly or indirectly, and whether or not such persons had an insurable interest in any property damaged. If applicable and except to the extent recoverable by Company from another subcontractor or owner, deductibles for any builder’s risk insurance shall be the responsibility of Subcontractor. A copy of the builder’s risk insurance certificate may be obtained upon request, if applicable.
Sample 1

Related to DESIGN INSURANCE

  • Vision Insurance The County will provide and pay all the premiums necessary for WCIF VSP vision insurance.

  • Umbrella Insurance During the term of this Contract, Supplier will maintain umbrella coverage over Employer’s Liability, Commercial General Liability, and Commercial Automobile. Minimum Limits: $2,000,000

  • Commercial Umbrella Liability Insurance The Contractor shall provide a Commercial Umbrella Liability Insurance to provide excess coverage above the Commercial General Liability, Commercial Business Automobile Liability and the Workers' Compensation and Employers' Liability to satisfy the minimum limits set forth herein. The umbrella coverage shall follow form with the Umbrella limits required as follows: For Contract Amounts Less For Contract Amounts Equal to or Than $5,000,000.00: Greater than $5,000,000: $ 2,000,000 per Occurrence $2,000,000 per Occurrence $ 4,000,000 Aggregate $10,000,000 Aggregate Additional Requirements for Commercial Umbrella Liability Insurance are shown below at Paragraph 1.5.3.3.6.

  • Travel Insurance The Employer shall provide and pay the full cost for travel insurance to cover all members of the bargaining unit for all modes of travel, in the amount of $200,000.00. The travel insurance policy shall also cover employees while on union business.

  • Income Protection Insurance The Employer shall provide Income Protection Insurance through an ETU nominated policy and scheme. It is agreed that the premium will be collected and administered by the “Protect” Severance Scheme at the same time as severance payments are made. Income protection will be paid for the employees and will be paid for all periods of authorised absence and cannot be on a pro-rata basis. It is agreed the Income Protection Insurance payments are paid on a monthly basis by the 14th day of each month. It is agreed that if the Employer has not made a valid or current insurance payment to “Protect”, the Employer shall be liable for any loss of earnings or benefits that would have otherwise been given to the employee. The rates of payment and cover shall be as follows: From 1/1/06 to 28/2/07* From 1/3/07 to 31/12/08* From 1/1/09* Tradesperson’s Premium $19.70 per week $20.90 per week $24.00 per week** For Cover $1,100 $1,100 $1,200** Apprentice Premium $12.50 per week $13.50 per week $19.90 per week** For Cover $660 $660 $750** * These rates are inclusive of GST and stamp duty. ** These are the premium rates and levels of cover that shall apply, unless reduced by the agreement of NECA and the ETU. It is the intention of NECA and the ETU to seek a lower premium. The premium rates and level of cover shall not exceed the amounts set out in the final column of the table above. The insurance benefits contained in this Policy will not be reduced during the life of this Agreement.

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy:

  • Contractor’s Commercial General Liability Insurance Contractor shall purchase and maintain such insurance as will protect him from claims for damages because of bodily injury, sickness, or disease, or death of any person including claims insured by standard personal injury liability, and from claims for injury to or destruction of tangible property, including loss of use resulting there from, any or all of which may arise out of or result from Contractor’s operations under the Contract Documents, whether such operations be by himself or anyone directly or indirectly employed by him or for whose acts they may be legally liable. This insurance shall include the types and specific coverages herein described and be written for not less than any limits of liability specified in these Documents or required by law, whichever is greater. Insurance must include coverage for independent contractors, products/completed operations, contractual liability, broad form property damage, and personal injury.

  • Subcontractors’ Insurance If part of the Agreement is to be sublet, Consultant shall either:

  • Contractor’s Insurance 27.1 The Contractor shall procure and maintain at all times it performs any portion of the Services the following insurance with minimum limits equal to the amount indicated below.

  • Subcontractor Insurance In accord with Good Utility Practice, each Interconnected Entity shall require each of its subcontractors to maintain and provide evidence of insurance coverage of types, and in amounts, commensurate with the risks associated with the services provided by the subcontractor. Bonding of contractors or subcontractors shall be at the hiring Interconnected Entity’s discretion, but regardless of bonding, the hiring principal shall be responsible for the performance or non- performance of any contractor or subcontractor it hires.

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