Common use of Submission of Insurance Clause in Contracts

Submission of Insurance. (i). OWNER will not execute the Contract for PROFESSIONAL Services unless the PROFESSIONAL shall submit to the OWNER or the OWNER’s designee proof of insurance in such forms as requested and deemed acceptable by the OWNER, indicating the Project, and showing evidence of all insurance required under the Contract for PROFESSIONAL Services. Upon the OWNER’s request, the PROFESSIONAL shall provide a copy of each insurance policy required by the Contract for PROFESSIONAL Services certified by the insurance carrier as a true and complete copy. The OWNER may request such a certified copy of a policy at any time and may make such requests as often as the OWNER, in its sole and exclusive discretion, deems necessary. Each request may be for a certified copy of one or more policies. In addition, the PROFESSIONAL shall provide copies of certificates of insurance to the Construction Manager, if applicable. Certificates of insurance, notwithstanding anything to the contrary contained on the Certificate of Insurance, when submitted to the OWNER, constitute a warranty by the PROFESSIONAL and its insurance agent or broker, that the insurance coverage described is in effect for the policy term shown.

Submission of Insurance. (i)1. OWNER will not execute the Term Contract for PROFESSIONAL Professional Services unless the PROFESSIONAL CONSULTANT shall submit to the OWNER or the OWNER’s designee proof of insurance in such forms as requested and deemed acceptable by the OWNER, indicating the Project, and showing evidence of all insurance required under the Term Contract for PROFESSIONAL Professional Services. Upon the OWNER’s request, the PROFESSIONAL CONSULTANT shall provide a copy of each insurance policy required by the Term Contract for PROFESSIONAL Professional Services certified by the insurance carrier as a true and complete copy. The OWNER may request such a certified copy of a policy at any time and may make such requests as often as the OWNER, in its sole and exclusive discretion, deems necessary. Each request may be for a certified copy of one or more policies. In addition, the PROFESSIONAL CONSULTANT shall provide copies of certificates of insurance to the Construction Manager, if applicable. Certificates of insurance, notwithstanding anything to the contrary contained on the Certificate of Insurance, when submitted to the OWNER, constitute a warranty by the PROFESSIONAL CONSULTANT and its insurance agent or broker, that the insurance coverage described is in effect for the policy term shown.

Submission of Insurance. (i). OWNER will not execute the Contract for PROFESSIONAL Professional Services unless the PROFESSIONAL CONSULTANT shall submit to the OWNER or the OWNER’s designee proof of insurance in such forms as requested and deemed acceptable by the OWNER, indicating the Project, and showing evidence of all insurance required under the Contract for PROFESSIONAL CONSULTANT Services. Upon the OWNER’s request, the PROFESSIONAL CONSULTANT shall provide a copy of each insurance policy required by the Contract for PROFESSIONAL Professional Services certified by the insurance carrier as a true and complete copy. The OWNER may request such a certified copy of a policy at any time and may make such requests as often as the OWNER, in its sole and exclusive discretion, deems necessary. Each request may be for a certified copy of one or more policies. In addition, the PROFESSIONAL CONSULTANT shall provide copies of certificates of insurance to the Construction Manager, if applicable. Certificates of insurance, notwithstanding anything to the contrary contained on the Certificate of Insurance, when submitted to the OWNER, constitute a warranty by the PROFESSIONAL CONSULTANT and its insurance agent or broker, that the insurance coverage described is in effect for the policy term shown.