Professional Liability Insurance Requirements. Professional liability insurance shall cover the CM against claims the CM may become obligated to pay arising out of the performance of the CM under the agreement and caused by any breach or negligence of the CM or of any person employed by the CM, or any others for whom the CM is liable. The required coverage is stated in the agreement. The limit amount of the insurance shall be on a per claim basis.
Appears in 4 contracts
Samples: Construction Management Services Agreement, Construction Management Services Agreement, Construction Management Services Agreement