Professional Errors and Omissions Liability Sample Clauses

Professional Errors and Omissions Liability. The Architect/Engineer promises and agrees to maintain in full force and effect an Errors and Omissions Professional Liability Insurance Policy in the amounts (indicated in the following table) as minimum coverage or such other minimum coverage as determined by the Principal Representative and approved by the State Buildings Program. The policy, including claims made forms, shall remain in effect for the duration of this Agreement and for at least three years beyond the completion and acceptance of the Work. The Architect/Engineer shall be responsible for all claims, damages, losses or expenses, including attorney's fees, arising out of or resulting from the performance of Professional Services contemplated in this Agreement, provided that any such claim, damage, loss or expense is caused by any negligent act, error or omission of the Architect/Engineer, any consultant or associate thereof, or anyone directly or indirectly employed by Architect/ Engineer. The Architect/Engineer shall submit a Certificate of Insurance verifying said coverage at the signing of this Agreement and also any notices of Renewals of said policy as they occur. $999,999 and under $250,000 $500,000 $1,000,000 to $4,999,999 $500,000 $1,000,000 $5,000,000 to $19,999,999 $1,000,000 $2,000,000 $20,000,000 and Above $2,000,000 $2,000,000
AutoNDA by SimpleDocs
Professional Errors and Omissions Liability. (If this contract is for one of the following professional pre-design services such as; geotechnical investigation and reporting, environmental assessment or land surveying or for construction administrative services such as material testing, than the following Professional Errors and Omissions Liability Insurance coverage applies) The Consultant promises and agrees to maintain in full force and effect an Errors and Omissions Professional Liability Insurance Policy in the amounts (indicated in the following table) as minimum coverage or such other minimum coverage as determined by the Principal Representative and approved by the State Buildings Program. The policy, including claims made forms, shall remain in effect for the duration of this Agreement and for at least three years beyond the completion and acceptance of the Work. The Consultant shall be responsible for all claims, damages, losses or expenses, including attorney's fees, arising out of or resulting from the performance of Professional Services contemplated in this Agreement, provided that any such claim, damage, loss or expense is caused by any negligent act, error or omission of the Consultant, any consultant or associate thereof, or anyone directly or indirectly employed by Architect/ Engineer. The Consultant shall submit a Certificate of Insurance verifying said coverage at the signing of this Agreement and also any notices of Renewals of said policy as they occur. $999,999 and under $250,000 $500,000 $1,000,000 to $4,999,999 $500,000 $1,000,000 $5,000,000 to $19,999,999 $1,000,000 $2,000,000 $20,000,000 and Above $2,000,000 $2,000,000 .
Professional Errors and Omissions Liability. Insurance protecting the Development Consultant, its Consultants and sub-consultants and their respective servants, agents, or employees against losses, claims, damages, actions, and causes of action that the Client may sustain, incur, suffer or be put to at any time either before or after the expiration or termination of this Agreement, that arise out of errors, omissions or negligent acts of the Development Consultant, or its Consultants, sub-consultants, servants, agents, or employees under this Agreement. Such insurance shall be in an amount usual for an agreement of this nature but for no less than $1,000,000 per occurrence and $2,000,000 in the aggregate;
Professional Errors and Omissions Liability. Professional Liability in an amount not less than $1 million per claim, insuring the Contractor's liability resulting from errors and omissions in the performance of professional services under this Agreement.
Professional Errors and Omissions Liability. If during the course of performing work under this Purchase Order the Supplier provides professional services including but not limited to design, architectural, engineering and surveying, then the Supplier shall provide, prior to the start of work, insurance covering the Supplier and any other firms or persons under the Supplier’s direction for professional acts, errors and omissions with liability limits in an amount at least as large as the total dollar amount of professional services under the Purchase Order but not less than $1,000,000 each occurrence and $2,000,000 in aggregate. The Supplier agrees to maintain this coverage for a minimum period of two (2) years after the date of final completion of the work under the Purchase Order.
Professional Errors and Omissions Liability. $1,000,000 per claim with an aggregate limit of not less than $2,000,000. Any self-retained limit shall not be greater than $25,000 per occurrence/event without County’s Risk Manager’s approval. Coverage shall include contractual liability coverage. If policy contain one or more aggregate limit, a minimum of 50% of any such aggregate limit must remain available at all times; if over 50% of any such aggregate limit has been paid or reserved, County will require additional coverage to be purchased by Consultant to restore the required limits. This coverage shall be maintained for a minimum of two years following termination of completion of Consultant’s work pursuant to the Contract.
Professional Errors and Omissions Liability. CONSULTANT shall maintain professional liability insurance applying to liability for a professional, error, act, or omission arising out of the scope of CONSULTANT’S services provided under this Agreement with a limit of not less than $1,000,000 each claim and annual aggregate. CONSULTANT shall maintain professional liability insurance during the term of this Agreement and, if coverage is provided on a “claims made” or “claims made and reported” basis, shall maintain coverage or purchase an extended reporting period for a period of at least three (3) years following the termination of this Agreement.
AutoNDA by SimpleDocs
Professional Errors and Omissions Liability. Insurance with policy limits of not less than $1,000,000.00 combined single limits, per claim and annual aggregate.
Professional Errors and Omissions Liability. Minimum limit of $1,000,000 per claim and $3,000,000 aggregate. The Town is to be included as an additional insured on each of the liability policies above. A Certificate of Insurance shall be forwarded to the Town at the beginning of each policy year.
Professional Errors and Omissions Liability applying to all activities performed under this Agreement in a form acceptable to CITY. CONSULTANT will maintain professional liability insurance during the term of this Agreement and for a period of six (6) years from the date of substantial completion of the project unless waived by the CITY. In the event the CONSULTANT goes out of business during the term of this Agreement or the six (6) year period described above, CONSULTANT shall purchase Extended Reporting coverage for claims arising out of CONSULTANT’s negligence acts, errors and omissions committed during the term of the Professional Liability Policy.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!