Common use of THIS COVERAGE IS REQUIRED Clause in Contracts

THIS COVERAGE IS REQUIRED. Attach Certificate of Insurance. If Contractor does not have coverage and claims to be exempt, attach Exhibit D in lieu of Certificate. Professional Liability / Errors & Omissions (E&O) insurance with a combined single limit of not less than: $500,000, $1,000,000, $2,000,000 each claim, incident, or occurrence, with an annual aggregate limit of $500,000, $1,000,000, $2,000,000. This is to cover damages caused by error, omission, or negligent acts related to professional services provided under this Contract. The policy must provide extended reporting period coverage for claims made within two years after this Contract is completed. Required by District Not required by District Commercial General Liability insurance, on an occurrence basis, with a combined single limit of not less than: $500,000, $1,000,000, $2,000,000 each occurrence for Bodily/Personal Injury and Property Damage, with an annual aggregate limit of $500,000, $1,000,000, $2,000,000. This insurance must include contractual liability coverage. Required by District Not required by District Commercial Automobile Liability insurance with a combined single limit, or the equivalent of not less than: $500,000, $1,000,000, $2,000,000 each occurrence for Bodily Injury / Personal Injury, and Property Damage, including coverage for owned, hired or non-owned vehicles. Required by District Not required by District Excess Umbrella Liability insurance, on an occurrence basis, issued as broad form excess to all other Professional Liability, Errors and Omissions, Commercial General Liability, and Commercial Auto Liability coverage’s not less than: $2,000,000, $5,000,000, each occurrence with an annual aggregate limit of $5,000,000, $10,000,000, Required by District Not required by District Builders All-Risk or Installation Floater: insurance policy to cover the course of construction and all materials or equipment furnished or incorporated into the Work. The policy shall be equal to 100% of the contracted value of the work, and cover all property of an insurable nature, which is either in place or intended to be used as part of the permanent structure. This insurance shall include the interest of District in the Work and shall insure against the perils of fire and extended coverage and shall include "all risk" insurance for physical loss or damage, including without limitation and without duplication of coverage, for theft, vandalism, and malicious mischief. Losses up to the deductible amount shall be the responsibility of the Contractor. This insurance shall be primary and not contributory to any District provided insurance. No Work shall be performed, nor shall Contractor's equipment or materials be stored on District's premises until a certificate evidencing such insurance has been delivered to and approved by District. Required by District Not required by District Additional Requirements. Coverage must be provided by an insurance company admitted to do business in Oregon or rated A- or better by Best’s Insurance Rating. Contractor shall pay all deductibles and retentions. A cross-liability clause or separation of insured’s condition must be included in all commercial general liability policies required by this Contract. Contractor’s coverage shall be primary in the event of loss.

THIS COVERAGE IS REQUIRED. Attach Certificate of Insurance. If Contractor does not have coverage and claims to be exempt, attach Exhibit D 4 in lieu of Certificate. Professional Liability / Errors & Omissions (E&O) insurance with a combined single limit of not less than: $500,000, $1,000,000, $2,000,000 each claim, incident, or occurrence, with an annual aggregate limit of $500,000, $1,000,000, $2,000,000. This is to cover damages caused by error, omission, or negligent acts related to professional services provided under this Contract. The policy This coverage must provide extended reporting period coverage be provided and remain in force for claims made within two years after this Contract is completedthe completion of the Contract. Required by District Owner X Not required by District Owner Commercial General Liability insurance, on an occurrence basis, with a combined single limit of not less than: $500,000, X $1,000,000, $2,000,000 each occurrence for Bodily/Personal Injury and Property Damage, with an annual aggregate limit of $500,000, $1,000,000, $2,000,000. This insurance must include contractual liability coverage. Required by District Owner Not required by District Owner Commercial Automobile Liability insurance with a combined single limit, or the equivalent of not less than: $500,000, X $1,000,000, $2,000,000 each occurrence for Bodily Injury/Personal Injury / Personal Injury, and Property Damage, including coverage for owned, hired hired, or non-owned vehicles. Required by District Owner Not required by District Excess Umbrella Liability insurance, on an occurrence basis, issued as broad form excess to all other Professional Liability, Errors and Omissions, Commercial General Liability, and Commercial Auto Liability coverage’s not less than: $2,000,000, $5,000,000, each occurrence with an annual aggregate limit of $5,000,000, $10,000,000, Required by District Not required by District Owner Builders All-Risk or Installation Floater: insurance policy to cover the course of construction and all materials or equipment furnished or incorporated into the Work. The policy shall be equal to 100% of the contracted value of the workWork, and cover all property of an insurable nature, which is either in place or intended to be used as part of the permanent structure. This insurance shall include the interest of District Owner in the Work and shall insure against the perils of fire and extended coverage and shall include "all risk" insurance for physical loss or damage, including without limitation and without duplication of coverage, for theft, vandalism, and malicious mischief. Losses up to the deductible amount shall be the responsibility of the Contractor. This insurance shall be primary and not contributory to any District Owner-provided insurance. No Work shall be performed, nor shall Contractor's equipment or materials be stored on DistrictOwner's premises premises, until a certificate evidencing such insurance has been delivered to and approved by DistrictOwner. Required by District Owner X Not required by District Owner Additional Requirements. Coverage must be provided by an insurance company admitted to do business in Oregon or rated A- or better by Best’s Insurance Rating. Contractor shall pay all deductibles and retentions. A cross-liability clause or separation of insured’s insureds condition must be included in all commercial general liability policies required by this Contract. Contractor’s coverage shall will be primary in the event of loss. Within 10 days after the receipt of Notice of Award, the successful Offeror shall be prepared to execute the Contract provided by the Owner. At the same time, the successful Offeror shall furnish a separate Performance and Payment Bond in a form and with surety satisfactory to the Owner in an amount equal to the full Contract sum for the faithful performance of the Contract and all provisions thereof. Owner shall be named as the obligee on the Bond. In addition, for contracts exceeding $100,000, the Performance and Payment Bond shall remain in force for one year after completion and acceptance by the Owner.