Common use of Inland Marine/Transit Insurance Clause in Contracts

Inland Marine/Transit Insurance. With respect to property with values in excess of $100,000 which is rigged, hauled or situated at the site pending installation, the Contractor shall maintain inland marine/transit insurance provided the coverage is not afforded by a Builder’s Risk policy.

Appears in 4 contracts

Samples: Standard Form of Agreement Between Owner and Construction Manager at Risk (Cmr) for Guaranteed Maximum Price (Gmp), Standard Form of Agreement Between Owner and Construction Manager at Risk (Cmr) for Guaranteed Maximum Price (Gmp), Subcontract Agreement

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Inland Marine/Transit Insurance. With respect to property with values in excess of $100,000 which is rigged, hauled or situated at the site pending installation, the Contractor shall maintain inland marine/transit insurance insur- ance provided the coverage is not afforded by a Builder’s Risk policy.

Appears in 1 contract

Samples: Bid Proposal

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