Insurance & Bonding. The Subrecipient shall carry sufficient insurance coverage to protect contractor's assets from loss due to theft, fraud and/or undue physical damage, and as a minimum, shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the Grantee. The Subrecipient shall comply with the bonding and insurance requirements of 2 CFR 200.304.
Insurance & Bonding. The Recipient shall carry sufficient insurance coverage to protect contract assets from loss due to theft, fraud and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the Grantee.
Insurance & Bonding. The Subrecipient shall comply with the bonding and insurance requirements of 2 CFR §200.325 and §200.310.
Insurance & Bonding. The Subrecipient shall carry sufficient insurance coverage in compliance with the terms in the Manual (Exhibit 1) to protect Contract Agreement assets from loss due to theft, fraud, and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the City of Providence. Subrecipient shall provide the City of Providence with proof of Commercial General Liability insurance in the amount of one million dollars ($1,000,000) for each occurrence and One Million Dollars ($1,000,000) in the aggregate for bodily injury and property damage, naming the City of Providence, its departments, employees, and/or agents, as additional insureds. The Subrecipient shall also comply with the bonding and insurance requirements of 2 CFR 200.310- Insurance and 2 CFR 200.326, -Bonding. The Subrecipient agrees to recognize the role of the City of Providence and USDT in providing assistance pursuant to this Contract Agreement by referencing the support provided in all publications and media efforts that relate to this Program. All activities, facilities and items utilized pursuant to this Contract Agreement shall be prominently labeled as to this funding source. Program income includes, but is not limited to, income from fees for services performed, the use or rental or real or personal property acquired under Federal awards and principal and interest on loans made with Federal award funds. Program income does not include interest earned on advances of Federal funds, rebates, credits, discounts, or interest on rebates, credits, or discounts. The Subrecipients of SLFRF funds should calculate, document, and record the program income. Additional controls that your organization should implement include written policies that explicitly identify appropriate allocation methods, accounting standards and principles, compliance monitoring checks for program income calculations, and records. The Subrecipient shall comply with The Uniform Guidance outlines the requirements that pertain to program income at 2 CFR 200.307.
Insurance & Bonding. Agency shall require a Contractor to maintain liability insurance for protection against claims for damages because of bodily injury or death, claims for damages, to property which may arise out of or result from the Contractor’s operation under a contract whether such operations be by the Contractor or by any Subcontractor or anyone directly or indirectly employed by any of them. This specific coverage amount for each project shall be identified in the ensuing contract for each specific project and the Contractor shall, upon request, present the Agency with a certificate of such insurance.
Insurance & Bonding. The Grantee shall carry sufficient insurance coverage to protect Agreement assets from loss due to theft, fraud and/or undue physical damage, and as a minimum shall purchase a blanket fidelity bond covering all employees in an amount equal to cash advances from the County Board.
Insurance & Bonding. (a) The Company has delivered to QSI, as set forth on and attached to Schedule 4.17, (i) an accurate list as of the Balance Sheet Date of all insurance policies carried by the Company, (ii) an accurate list and copies of all insurance loss runs for the past five (5) policy years and (iii) true, complete and correct copies of all insurance policies which were in effect the past three (3) years and which are currently in effect. Such insurance policies evidence all of the insurance that the Company is required to carry pursuant to all of its contracts and other agreements and pursuant to all applicable laws. All of such insurance policies are currently in full force and effect and shall remain in full force and effect through the Funding and Consummation Date. No insurance carried by the Company has ever been canceled by the insurer and the Company has never been unable to obtain insurance coverage for its assets and operations.
(b) Schedule 4.17 includes an accurate list of all performance bonds securing obligations of the Company, together with the amount bonded and any guaranty issued by a Stockholder or other third party with respect thereto.
Insurance & Bonding. The Sub-recipient shall carry Commercial General Liability (CGL) insurance, covering claims for injuries to persons or damages to property, which may arise from or in connection with the performance of the work under this agreement by the Sub-recipient, and Sub recipient’s agents, representatives, employees or subcontractors, with limits of insurance of not less than $500,000 for each occurrence and $1,000,000 annual aggregate. The City of Manhattan, Kansas shall be included as additional insured’s on the CGL, and the CGL shall apply as Primary and non- contributory insurance before any other insurance or self-insurance, including any deductible, maintained by, or provided to, the additional insured. The Sub-recipient shall comply with the bonding and insurance requirements of 2 CFR 200, Bonding and Insurance.
Insurance & Bonding. 6.1 CONTRACTOR shall procure and maintain for the duration of the contract, insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the CONTRACTOR, its agents, representatives, or employees.
Insurance & Bonding. The Subrecipient shall comply with the bonding and insurance requirements of 24 CFR §200.325 and §200.310. The Subrecipient shall carry sufficient insurance coverage to protect CDBG- acquired assets from loss due to theft, fraud and/or undue physical damage, and acquire a blanket fidelity bond covering all employees in an amount equal to CDBG-NDR funds provided by the Grantee.
