Common use of Insurance for Preconstruction Services Clause in Contracts

Insurance for Preconstruction Services. As of the Effective Date and for the duration of this Agreement, including the Preconstruction Services Phase and any Work performed under a Work Package, the CMR shall maintain in effect insurance policies providing the coverages and with the policy limits as required by TFC and as detailed in “Exhibit H”. TFC will designate the policies and policy limits required during for Work performed under a Work Package as set forth in any Work Package Authorization. Payment and performance bonds will be required for the Work under any Work Package as dictated by the UGC and Texas law.

Insurance for Preconstruction Services. As of the Effective Date and for the duration of this Agreement, including the Preconstruction Services Phase and any Work performed under a Work Package, the CMR shall maintain in effect insurance policies providing the coverages and with the policy limits as required by TFC and as detailed in “Exhibit H”. TFC will designate the policies and policy limits required during for Work performed under a Work Package as set forth in any Work Package Authorization. Payment and performance bonds will be required for the Work under any Work Package as dictated by the UGC and Texas law.