Strength of Insurer. All insurance shall be placed with insurers that are reasonably acceptable to the Department and with an A.M. Best's rating of not less than a then-current rating of “A-” or better and a financial size category of Class XV or higher. All such insurers shall be licensed/approved to do business in the District of Columbia.
Appears in 3 contracts
Samples: Telecommunications Services Agreement, Strategic Management Consulting Services Agreement, Contract for Snow & Ice Removal and Snow Melt Services
Strength of Insurer. All insurance shall be placed with insurers that are reasonably acceptable to the Department and with an A.M. Best's rating of not less than a then-current rating of “A-” or better and a financial size category of Class XV or higher. All such insurers shall be licensed/approved to do business in the District of Columbia.
Appears in 2 contracts
Samples: Project Management Services Agreement, Project Management Services Agreement
Strength of Insurer. All insurance shall be placed with insurers that are reasonably acceptable to the Department and with an A.M. Best's rating of not less than a then-then- current rating of “A-” or better and a financial size category of Class XV or higher. All such insurers shall be licensed/approved to do business in the District of Columbia.
Appears in 2 contracts
Samples: Contract for Parking Lot Management Services, Contract for Snow and Ice Removal and Pretreatment Services
