Prequalified Contractor definition
Examples of Prequalified Contractor in a sentence
Any failure of Prequalified Contractor or Customer to comply with any or all of the insurance provisions of this Release and Indemnity or any failure to secure endorsements on policies as may be necessary to carry out the terms and provisions for this Release and Indemnity, shall not be construed to limit or relieve Prequalified Contractor from any of its obligations under this Release and Indemnity, including this Insurance article.
Prequalified Contractor further acknowledges and agrees that PEC will not provide any insurance coverage for either the Customer or the Prequalified Contractor, and that the Customer and Prequalified Contractor shall be responsible and shall agree among themselves to procure adequate insurance coverage against any and all hazards relating to the Equipment, any service or material, to protect persons and property.