INSURANCE AND BONDING REQUIREMENTS Sample Clauses
INSURANCE AND BONDING REQUIREMENTS. Service Provider shall comply with the insurance and bonding requirements set forth on Appendix B.
INSURANCE AND BONDING REQUIREMENTS. .1 The Property Manager shall, without limiting his obligations or liabilities herein and at his own expense, provide and maintain the following insurance in forms acceptable to the Minister:
.1 The Property Manager shall, at his own expense and without limiting his liabilities herein, insure his operations under a contract of General Liability Insurance, in accordance with the Alberta Insurance Act in an amount not less than $2,000,000.00 per occurrence, insuring against bodily injury, personal injury, and property damage including loss of use thereof. If applicable, such insurance shall extend to include Broad Form Tenant’s Legal Liability in an amount adequate to respond in the event of loss to the premises of the Minister occupied exclusively by the Property Manager.
.2 Automobile Liability on all vehicles owned, operated or licensed in the name of the Property Manager in an amount not less than $1,000,000.00.
.3 Worker’s Compensation coverage in accordance with the requirements of the Worker’s Compensation Act of the Province of Alberta.
.2 All required insurance policies shall be in effect for the term of the Contract, and shall state that coverage provided will not be materially changed nor cancelled until 30 days after written notice of such material change or cancellation has been given to the Minister.
.3 The Property Manager shall provide the Minister with a certificate of insurance, prior to the award of the Contract.
.4 The Property Manager is responsible for insuring his owned property against loss or damage on an “All Risks” basis.
.5 The Property Manager shall require and ensure that each subcontractor provides and maintains comparable insurance to that set forth above.
.6 The Property Manager shall provide a Fidelity Bond in an amount not less than $25,000.00. Such bond shall extend to include all owned and non-owned property for which the insured is legally liable.
.7 The Property Manager shall provide the Minister with the required Fidelity Bond prior to the award of the Contract.
.8 The Property Manager shall ensure his Subcontractors carry adequate Fidelity Bonding.
INSURANCE AND BONDING REQUIREMENTS. .1 The Property Manager shall, without limiting his obligations or liabilities herein and at his own expense, provide and maintain the following insurance in forms acceptable to the Minister:
.1 General Liability Insurance, in accordance with the Alberta Insurance Act in an amount not less than $2,000,000.00 per occurrence, insuring against bodily injury, personal injury, and property damage including loss of use thereof. Such insurance shall include blanket contractual liability, and if applicable, such insurance shall extend to include Broad Form Tenant’s Legal Liability in an amount adequate to respond in the event of loss to the premises of the Minister occupied exclusively by the Property Manager.
.2 Automobile Liability on all vehicles owned, operated or licensed in the name of the Property Manager in an amount not less than $1,000,000.00.
INSURANCE AND BONDING REQUIREMENTS. Insurance / Bond Type Required Limits
INSURANCE AND BONDING REQUIREMENTS. LICENSEE shall carry and keep in force, while this Agreement is in effect, insurance contracts, policies and protection in a reliance company or companies satisfactory to Licensor in amounts and for coverage deemed necessary for its protection by LICENSEE, but in no event for amounts or coverage less than the following minimum requirements:
(A) Comprehensive general liability insurance and independent contractors insurance, with minimum limits of $500,000 each occurrence for bodily injury, and $250,000 each occurrence and $500,000 aggregate for property damage, including coverage for damage caused by blasting, collapse of structural injury, and/or damage to underground facilities, protecting LICENSEE against and in respect to all matters, liabilities, contingencies, and responsibilities created, referred to or touched upon in this Agreement, including, without limiting the foregoing, contractual liability insurance covering LICENSEE’ obligations under this Agreement with minimum limits of $500,000 each occurrence for bodily injury, and $250,000 each occurrence and $500,000 aggregate for property damage to indemnify and to so hold Licensor harmless.
(B) LICENSEE shall also carry and keep in force, while this Agreement is in effect, Workers’ Compensation insurance in compliance with the laws of this State and employer's liability insurance with minimum limits of $500,000.
(C) LICENSEE shall furnish Licensor with certificates of insurance showing that such insurance is in force and will not be cancelled or modified without thirty (30) days’ prior written notice to the General Manager of Licensor. Neither acceptance nor knowledge (by and of Licensor) of the procurement of LICENSEE of insurance protection of lesser scope than that required to be procured by them under this Agreement shall in any manner or for any purpose constitute or be deemed a waiver by Licensor of the requirements imposed respecting insurance protection, nor shall any such acceptance or knowledge of insurance protection of lesser scope in any manner or for any purpose lessen or modify or constitute a limiting interpretation of the scope of the matters covered by and obligations of LICENSEE under this Agreement.
INSURANCE AND BONDING REQUIREMENTS. A. Contractor shall obtain and maintain at its own expense, during the entire term of this Contract the following type(s) and amounts of insurance:
1. Commercial General Liability in the amount of $2,000,000.00 combined, single limit Bodily Injury and Property Damage. Pima County is to be named as an additional insured for all operations performed within the scope of the Contract between Pima County and Contractor;
2. Commercial or Business automobile liability coverage for owned, non-owned and hired vehicles used in the performance of this Contract with limits in the amount of $1,000,000.00 combined single limit or $1,000,000.00 Bodily Injury, $1,000,000.00 Property Damage;
3. If required by law, workers compensation coverage including employees liability coverage;
4. Contractor shall provide a Performance Bond for not less than one hundred percent (100%) of the Contract amount, or another method of assurance, approved by the Pima County Board of Supervisors, that the project will be completed; and
5. Once vertical construction begins, Contractor shall obtain Builder’s Risk Insurance in an amount equal to the outstanding amount of the contractual obligations entered into with respect to the New Units, with coverage written on an all risk, replacement cost basis and including coverage for soft costs, flood and earth movement.
B. Contractor shall provide County with current certificates of insurance. All certificates of insurance must provide for guaranteed thirty (30) days written notice of cancellation, non-renewal or material change.
INSURANCE AND BONDING REQUIREMENTS. The Contractor shall maintain adequate insurance coverage throughout the term of this Agreement, including the warranty period. Insurance coverage shall include, but is not limited to, General Liability Insurance, Workers Compensation Insurance, and Property Insurance. Contractor agrees that no less than ten (10) days before beginning any work under this Agreement, and as a condition precedent hereto, the Contractor shall provide the Community with a Certificate of Insurance demonstrating that the insurance required in this section has been purchased and is in effect. The Contractor shall provide documentary proof of insurance showing the following: Commercial General Liability Insurance- Commercial general liability insurance with minimum limits of $1,000,000 per occurrence and $2,000,000 general aggregate (on a 1993 ISO CGL form or its equivalent, including without limitation, broad form contractual liability, bodily injury, property damage, fire, legal liability, and products and completed operations coverage) under which the Community and Department shall be named as additional insured. This policy shall be written or endorsed to include the following provisions: Waiver of subrogation as set forth herein below. No Explosion, Collapse or Underground Exclusions. No Subsidence Limitations. AM Best Rating of A-8 or better. No Claims Made Policy forms acceptable on commercial general liability policy. An endorsement providing limited coverage with respect to property under the care, custody and control of Contractor. Completed Operations Aggregate of $2,000,000.00. Excess Liability- in the amount of $2,000,000. Automobile Liability Insurance- Automobile liability insurance shall cover all owned, non-owned and hired vehicles, with $1,000,000 combined single limits. Pollution Liability- If Contractor’s work may involve asbestos or lead, mold or other pollutant abatement, Contractor shall provide liability insurance coverage for claims arising out of abatement, removal and storage, transportation, and/or disposal activities. Such insurance shall be written on an occurrence basis with no sunset clause, or on a claim made basis with a minimum 5 year extended reporting period (Tail) with limits of not less than $2,000,000.
INSURANCE AND BONDING REQUIREMENTS. Requirements shall be at least the minimum as required by the RFP.
INSURANCE AND BONDING REQUIREMENTS. Subcontractors’ Insurance
INSURANCE AND BONDING REQUIREMENTS. Insurance requirements are found in the Agreement, Attachment D. A valid ce1iificate of insurance shall be provided with the signed Agreement. Failure to provide such information within five (5) calendar days thereof may be grounds for termination of the Agreement. DRAFT Policies shall have no exclusions by endorsements which nullify the required lines of coverage, nor decrease the limits of said coverage unless such endorsements are approved by the City. In the event a contract has been bid or executed and the exclusions are determined to be unacceptable or the City desires additional insurance coverage, and the City desires the Contractor to obtain such coverage, the contract price shall be adjusted by the cost of the premium for such additional coverage plus 10%. Bonding requirements are described in the Call, Part II, Section 9.2. If said bonds are required, the forms will be attached to the Agreement as Attachment D-1.