Technology Errors and Omissions Insurance Sample Clauses

Technology Errors and Omissions Insurance. The Contractor shall procure and maintain Technology Errors and Omissions insurance with a limit of at least $2,000,000.00 per claim and aggregate covering the negligent acts, errors or omissions of the Contractor in the provision of professional services required under this Contract, for damages arising from computer-related services including, but not limited to, the following:
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Technology Errors and Omissions Insurance covering professionals employed or retained by the Contractor to work on this Agreement. The Contractor shall procure and maintain during, and for a period of three (3) years after completion of the Agreement, Technology Errors and Omissions Insurance in the amount of $2,000,000 for claims for damages arising from computer related services including the following: consulting, data processing, programming, system integration, software development, customization, installation, distribution or maintenance, systems analysis or design, training, staffing or other support services, any electronic equipment, computer hardware or software developed, manufactured, distributed, licensed, marketed or sold. The Technology Errors and Omissions Insurance may be issued on a claims-made policy form, in which case the Contractor shall purchase at its sole cost and expense, extended Discovery Clause coverage of up to three (3) years after work is completed if coverage is cancelled or not renewed.
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Technology Errors and Omissions Insurance. 10.1 Ntrepid will maintain a technology errors and omissions insurance to cover certain losses related to cybersecurity incidents.
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Technology Errors and Omissions Insurance. 8.25.9.1 Insurance for liabilities arising from errors, omissions, or negligent acts in rendering or failing to render computer or information technology services and technology products. Coverage for violation of software copyright should be included. Technology services should at a minimum include systems analysis; systems programming; data processing; systems integration; outsourcing including outsourcing development and design; systems design, consulting, development and modification; training services relating to computer software or hardware; management, repair and maintenance of computer products, networks and systems; marketing, selling, servicing, distributing, installing and maintaining computer hardware or software; data entry, modification, verification, maintenance, storage, retrieval or preparation of data output, and any other services provided by the vendor with limits of not less than one million dollars ($1,000,000).
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Technology Errors and Omissions Insurance a. Minimum Limit: $2,000,000 per claim or per occurrence, $2,000,000.00 aggregate.
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Technology Errors and Omissions Insurance. The Vendor must continuously maintain technology error and omissions insurance in the face amount of five million dollars ($5,000,000). Vendor will indemnify, defend, and hold harmless the Department and its employees and agents, from and against any third-party claims, demands, loss, damage or expense caused by Vendor in connection with the performance of the Services related to professional liability and error and omissions. Each insurance certificate for such policy must include an agreement that the insurer will provide thirty (30) Calendar Days prior written Notice to the Department of cancellation for any coverage. The Vendor will provide all certifications of insurance as proof of insurance including renewed or replacement evidence of coverage at least thirty (30) Calendar Days prior to the expiration or termination of any insurance policy. Performance Bond‌ In accordance with subsection 110.123(3)(d)2, prior to execution of this Contract, Vendor will deliver to the Department’s Contract Manager a performance bond or irrevocable letter of credit in the amount of seven hundred fifty thousand dollars ($750,000) for the performance under the Contract. The bond or letter of credit shall be used to guarantee at least satisfactory performance by Vendor throughout the term of the Contract (including renewal years). The bond shall be maintained throughout the term of the Contract and shall be in effect for four (4) years thereafter, issued by a reliable surety company which is licensed to do business in the State of Florida, as determined by the Department, and must include the following conditions:
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Technology Errors and Omissions Insurance. Technology Errors and Omissions Insurance with limits not less than $1,000,000 per claim.
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Related to Technology Errors and Omissions Insurance

  • Errors and Omissions Insurance Errors and Omissions Insurance to be maintained by the Servicer in accordance with Section 3.13.

  • Professional Liability (Errors and Omissions) Insurance Limits shall not be less than the following:

  • Errors and Omissions All reports, files and other documents prepared and submitted by Contractor shall be complete and shall be carefully checked by the professional(s) identified by Contractor as project manager and key personnel attached hereto, prior to submission to the County. Contractor agrees that County review is discretionary and Contractor shall not assume that the County will discover errors and/or omissions. If the County discovers any errors or omissions prior to approving Contractor’s reports, files and other written documents, the reports, files or documents will be returned to Contractor for correction. Should the County or others discover errors or omissions in the reports, files or other written documents submitted by the Contractor after County approval thereof, County approval of Contractor’s reports, files or documents shall not be used as a defense by Contractor in any action between the County and Contractor, and the reports, files or documents will be returned to Contractor for correction.

  • Professional Liability (Errors and Omissions) For consultant contracts, insurance appropriate to Consultant’s profession, with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate. If Contractor maintains broader coverage and/or higher limits than the minimums shown above, City requires and shall be entitled to the broader coverage and/or the higher limits maintained by Contractor. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to City.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

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