Common use of OWNER’S PROTECTIVE LIABILITY INSURANCE Clause in Contracts

OWNER’S PROTECTIVE LIABILITY INSURANCE. A policy issued to and covering the liability for damages imposed by law upon the Fund, the Dormitory Authority of the State of New York, the State of New York and the State University of New York, their trustees, officers, agents or employees, with respect to all operations under the Contract by the Contractor and its subcontractors, and/or their interest in the Project and the property upon which work under the Contract is to be performed, including omissions and supervisory acts of the former. Said insurance policy limits shall be no less than $1,000,000 each occurrence and $2,000,000 general aggregate.

Appears in 5 contracts

Samples: University Construction Fund Agreement, University Construction Fund Agreement, Agreement

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