INSURANCE: Contractor and Subcontractor Insurance. The financial integrity of Contractor is of interest to the Owner, therefore, subject to the right of Contractor to maintain reasonable insurance deductibles in such amounts as are approved by the Owner. Contractor shall obtain and maintain in full force and effect for the entire duration of this agreement, and any extension hereof, at Contractor’s sole expense, insurance coverage written on an occurrence basis, by companies authorized and admitted to do business in the State of Texas and rated A- (VII) or better by A.M. Best Company (Best's Key Insurance Company Rating Guide, current edition and/or as amended) and/or otherwise acceptable to Xxxx County/Xxxx County Risk Manager, the following types and amounts:
Appears in 4 contracts
Samples: agenda.webbcountytx.gov:8085, agenda.webbcountytx.gov:8085, agenda.webbcountytx.gov:8085