Self-Insured Retentions. Self-insured retentions must be declared to and approved by the District. The District may require the Contractor to provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or District. Consultant shall carry a 10% retention until project completion.
Appears in 4 contracts
Samples: Grant Agreement, Professional Service Agreement by And, Grant Agreement
Self-Insured Retentions. Self-insured retentions must be declared to and approved by the District. The District may require the Contractor to provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or District. Consultant shall may carry a 105% retention until project Project completion.
Appears in 2 contracts
Samples: Professional Service Agreement by And, Professional Service Agreement
Self-Insured Retentions. Self-insured retentions must be declared to and approved by the District. The District may require the Contractor to provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- insured retention may be satisfied by either the named insured or District. Consultant shall may carry a 10% retention until project Project completion.
Appears in 1 contract
Samples: Grant Agreement
Self-Insured Retentions. Self-insured retentions must be declared to and approved by the District. The District may require the Contractor to provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide, that the self- self-insured retention may be satisfied by either the named insured or District. Consultant shall carry a 10% retention until project completion.
Appears in 1 contract
Samples: Professional Services Agreement
