Insurance and Bond Reimbursements Sample Clauses

Insurance and Bond Reimbursements. At Project Completion, Contractor shall require reimbursement from its insurance brokers and/or insurers and its bond brokers and/or sureties, all portions of Contractor’s bond premiums, either paid or to be paid, that are not at-risk due to a reduction in the Guaranteed Project Cost. All amounts of premium reimbursement that Contractor receives from the Contractor’s insurance brokers and/or insurers and its bond brokers and or sureties, shall be withheld by District from Contractor’s Lease Payment(s). The District shall estimate this amount until Contractor indicates what the total amount of this reimbursement.
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Insurance and Bond Reimbursements. At Project Completion, Contractor shall require reimbursement from its insurance brokers and/or insurers and its bond brokers and/or sureties, all portions of Contractor’s bond premiums, either paid or to be paid, that are not at-risk due to a reduction in the Guaranteed Maximum Price. All amounts of premium reimbursement that Contractor receives from the Contractor’s insurance brokers and/or insurers and its bond brokers and or sureties, shall be withheld by District from Contractor’s Lease Payment(s). The District shall estimate this amount until Contractor indicates what the total amount of this reimbursement. EXHIBIT D TO MASTER FACILITIES LEASE GENERAL CONDITIONS TABLE OF CONTENTS ARTICLE 1 DEFINITIONS ARTICLE 2 DISTRICT – DUTIES OF ARTICLE 3 ARCHITECT – DUTIES OF ARTICLE 4 CONTRACTOR – DUTIES OF ARTICLE 5 SUBCONTRACTORS ARTICLE 6 CONTRACT TIME
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Insurance and Bond Reimbursements. At Project Completion, Contractor shall require reimbursement from its insurance brokers and/or insurers and its bond brokers and/or sureties, all portions of Contractor’s bond premiums, either paid or to be paid, that are not at-risk due to a reduction in the Guaranteed Project Cost. All amounts of premium reimbursement that Contractor receives from the Contractor’s insurance brokers and/or insurers and its bond brokers and or sureties, shall be withheld by District from Contractor’s Lease Payment(s). The District shall estimate this amount until Contractor indicates what the total amount of this reimbursement. EXHIBIT D TO FACILITIES LEASE GENERAL CONSTRUCTION PROVISIONS TABLE OF CONTENTS 1. CONTRACT TERMS AND DEFINITIONS 10 1.1. Definitions 10 1.2. Laws Concerning The Contract 13 1.3. No Oral Agreement 13 1.4. No Assignment 13 1.5. Notice And Service Thereof 14 1.6. No Waiver 14 1.7. Substitution for Specified Items 14 1.8. Materials and Work 14 2. [RESERVED] 15 3. ARCHITECT 15
Sample 1
Insurance and Bond Reimbursements. At Project Completion, Contractor shall require reimbursement from its insurance brokers and/or insurers and its bond brokers and/or sureties, all portions of Contractor’s bond premiums, either paid or to be paid, that are not at-risk due to a reduction in the Guaranteed Maximum Price. All amounts of premium reimbursement that Contractor receives from the Contractor’s insurance brokers and/or insurers and its bond brokers and or sureties, shall be withheld by District from Contractor’s Lease Payment(s). The District shall estimate this amount until Contractor indicates what the total amount of this reimbursement. the total amount of this reimbursement. EXHIBIT D TO MASTER FACILITIES LEASE RFP ATTACHMENT NO. 4 GMP AND OTHER COST COMPONENTS Item revised in Exhibit J, Negotiated Changes to Contract CZ20-0391-42 EXHIBIT E TO MASTER FACILITIES LEASE RFP ATTACHMENT NO. 5 SCHDULE OF VALUES Attached is a detailed Schedule of Values that complies with the requirements of the General Conditions (Exhibit G) and that has been approved by the District. Master Facilities Lease V-8.29.19 SDUSD – Balfour Xxxxxx Construction Innovations Project (LLB) Page 35 CZ20-0391-42 EXHIBIT F TO MASTER FACILITIES LEASE RFP ATTACHMENT NO. 3 DESIGNATED DVBE / SDVOB PARTICIPATION DOCUMENTATION AND DESIGNATED SUBCONTRACTORS LIST Master Facilities Lease V-8.29.19 SDUSD – Balfour Xxxxxx Construction Innovations Project (LLB) Page 36 DocuSign Envelope ID: 86105F65-9AAF-4137-AA40-5B430D1FB83C EXHIBIT G TO MASTER FACILITIES LEASE GENERAL CONDITIONS TABLE OF CONTENTS ARTICLE 1 DEFINITIONS ARTICLE 2 DISTRICT – DUTIES OF ARTICLE 3 ARCHITECT – DUTIES OF ARTICLE 4 CONTRACTOR – DUTIES OF ARTICLE 5 SUBCONTRACTORS ARTICLE 6 CONTRACT TIME ARTICLE 7 GUARANTEED MAXIMUM PRICE ARTICLE 8 DISTRICT’S SUBMITTALS ARTICLE 9 MATERIALS AND EQUIPMENT ARTICLE 10 CHANGES ARTICLE 11 SEPARATE CONTRACTS ARTICLE 12 PROTECTION OF PERSONS AND PROPERTY ARTICLE 13 TESTS AND INSPECTIONS ARTICLE 14 UNCOVERING AND CORRECTION OF WORK ARTICLE 15 WARRANTIES ARTICLE 16 SUSPENSION OR TERMINATION OF WORK ARTICLE 17 STATUTORY REQUIREMENTS
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Related to Insurance and Bond Reimbursements

  • Insurance and Bonds Unless otherwise specified in this Contract, Grantee shall acquire and maintain, for the duration of this Contract, insurance coverage necessary to ensure proper fulfillment of this Contract and potential liabilities thereunder with financially sound and reputable insurers licensed by the Texas Department of Insurance, in the type and amount customarily carried within the industry as determined by the System Agency. Grantee shall provide evidence of insurance as required under this Contract, including a schedule of coverage or underwriter’s schedules establishing to the satisfaction of the System Agency the nature and extent of coverage granted by each such policy, upon request by the System Agency. In the event that any policy is determined by the System Agency to be deficient to comply with the terms of this Contract, Grantee shall secure such additional policies or coverage as the System Agency may reasonably request or that are required by law or regulation. If coverage expires during the term of this Contract, Grantee must produce renewal certificates for each type of coverage. In addition, if required by System Agency, Grantee must obtain and have on file a blanket fidelity bond that indemnifies System Agency against the loss or theft of any grant funds, including applicable matching funds. The fidelity bond must cover the entirety of the grant term and any subsequent renewals. The failure of Grantee to comply with these requirements may subject Grantee to remedial or corrective actions detailed in section 10.1, General Indemnity, above. These and all other insurance requirements under the Grant apply to both Grantee and its Subcontractors, if any. Grantee is responsible for ensuring its Subcontractors’ compliance with all requirements.

  • INSURANCE AND BOND Contractor shall at all times during the term of the Agreement with the County maintain in force, at minimum, those insurance policies and bonds as designated in the attached Exhibit C, and will comply with all those requirements as stated therein. The County and all parties as set forth on Exhibit C shall be considered an additional insured or loss payee if applicable. All of Contractor’s available insurance coverage and proceeds in excess of the specified minimum limits shall be available to satisfy any and all claims of the County, including defense costs and damages. Any insurance limitations are independent of and shall not limit the indemnification terms of this Agreement. Contractor’s insurance policies, including excess and umbrella insurance policies, shall include an endorsement and be primary and non-contributory and will not seek contribution from any other insurance (or self-insurance) available to County. Contractor’s excess and umbrella insurance shall also apply on a primary and non- contributory basis for the benefit of the County before County’s own insurance policy or self-insurance shall be called upon to protect it as a named insured.

  • Insurance and Indemnity (a) The Hirer shall be liable for:

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