Common use of Professional Errors & Omissions Insurance Clause in Contracts

Professional Errors & Omissions Insurance. The Contractor shall provide and maintain Professional Liability or Errors and Omissions Insurance in the amounts of one million dollars ($1,000,000) per occurrence, and two million dollars ($2,000,000) in the aggregate. Such insurance shall apply to professional acts or omissions arising out of the scope of services covered by the Agreement.

Appears in 5 contracts

Samples: Terms And, Terms And, Terms And

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