Common use of Owners/Contractors Protective Liability Insurance Clause in Contracts

Owners/Contractors Protective Liability Insurance. The Contractor shall obtain a separate Owners/Contractors Protective Liability (OCP) Policy written on a project basis for the benefit of the Authority, its officers, agents, and employees, and the People of the State of New York, with respect to all operations under this Agreement by the Contractor or its subcontractors, including in such coverage any omissions and supervisory acts of the Authority, its officers, agents, and employees. The New York State Thruway Authority shall be the named insured in the OCP Policy, which shall be promptly furnished to the Authority. OCP policy limits shall be no less than: $1,000,000 per occurrence/$2,000,000 aggregate.

Owners/Contractors Protective Liability Insurance. The Contractor shall obtain a separate Owners/Contractors Protective Liability (OCP) Policy written on a project basis for the benefit of the Authority, its officers, agents, and employees, and the People of the State of New York, with respect to all operations under this Agreement by the Contractor or its subcontractorsSubcontractors, including in such coverage any omissions and supervisory acts of the Authority, its officers, agents, and employees. The New York State Thruway Authority shall be the named insured in the OCP Policy, which shall be promptly furnished to the Authority. OCP policy limits shall be no less than: $1,000,000 per occurrence/$2,000,000 aggregate.