Common use of Insurance & Bonding Clause in Contracts

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.

Appears in 3 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Insurance & Bonding. The Grantee shall carry sufficient insurance coverage to protect Agreement contract assets from loss due to theft, fraud fraud, and/or undue physical damage, and as a minimum shall purchase a blanket blank fidelity bond covering all employees in an amount equal to the cash advances from the County BoardCity. The Grantee shall comply with the bonding and insurance requirements of 2 CFR Chapter I, Chapter II, Part 200, xx.xx., Bonding and Insurance.

Appears in 2 contracts

Samples: Agreement Between City of Lafayette and Big Brothers Big Sisters of Greater Lafayette for the Youth Mentoring Program, Agreement Between City of Lafayette and Ywca of Greater Lafayette for the Domestic Violence Intervention and Prevention Program

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