Common use of Professional Liability (Errors and Omissions Liability Clause in Contracts

Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 Annual Aggregate $1,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. In the event that the professional liability insurance is written on a claims- made basis, the contractor shall warrant that any retroactive date under the policy shall precede the effective date of the contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the contract.

Appears in 2 contracts

Samples: Technical Assistance Agreement, Grant Agreement

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Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 $1,000,000 • Annual Aggregate $1,000,0002,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. 5.34.5.1 In the event that the professional liability insurance required by this Contract is written on a claims- claims-made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy shall precede the effective date of the contractthis Contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. 5.34.5.2 The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the this contract.

Appears in 1 contract

Samples: Specialty Contract for Transplantation Services

Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 $1,000,000  Annual Aggregate $1,000,0002,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. In the event that the professional liability insurance required by this Contract is written on a claims- made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy shall precede the effective date of the contractthis Contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the this contract.

Appears in 1 contract

Samples: Cooperative Purchasing Agreement

Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 2,000,000 Annual Aggregate $1,000,000$ 4,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. In the event that the professional liability Professional Liability insurance required by this Contract is written on a claims- claims-made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy Policy shall precede the effective date of the contract; this Contract and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. The policy Policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the contractthis Contract.

Appears in 1 contract

Samples: Cooperative Purchasing Agreement

Professional Liability (Errors and Omissions Liability. 1.4.1 Each Claim $ 500,000 $1,000,000 1.4.2 Annual Aggregate $1,000,0002,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. 1.4.3 In the event that the professional liability insurance required by this Contract is written on a claims- claims-made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy shall precede the effective date of the contractthis Contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. 1.4.4 The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the contractthis Contract.

Appears in 1 contract

Samples: Contract

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Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 Annual Aggregate $1,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. In the event that the professional liability insurance required by this contract is written on a claims- made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy shall precede the effective date of the this contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract is completed. b. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the this contract.

Appears in 1 contract

Samples: Regulatory Compliance Addendum

Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 $1,000,000  Annual Aggregate $1,000,0002,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. i. In the event that the professional liability insurance required by this Contract is written on a claims- claims-made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy shall precede the effective date of the contractthis Contract; and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. ii. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the this contract.

Appears in 1 contract

Samples: Contract for Services

Professional Liability (Errors and Omissions Liability. Each Claim $ 500,000 2,000,000 Annual Aggregate $1,000,000$ 2,000,000 a. When using a contractor for professional services, the contractor shall provide professional liability insurance. In the event that the professional liability Professional Liability insurance required by this Contract is written on a claims- claims-made basis, the contractor shall warrant Contractor warrants that any retroactive date under the policy Policy shall precede the effective date of the contract; this Contract and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years beginning at the time work under this contract Contract is completed. b. The policy Policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of the contractthis Contract.

Appears in 1 contract

Samples: Cooperative Purchasing Agreement

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