Agenda - Council - 05/14/2024 - Laserfiche WebLink

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statement: "The insurance covered by this certificate will not be cancelled or materially altered, except after 10 days written notice has been received by the Owner." 34.3 In case of the breach of any provision of this Article, the Owner, at his option, may take out and maintain, at the expense of the Contractor, such insurance as the Owner may deem proper and may deduct the cost of such insurance from any monies which may be due or become due the Contractor under this Agreement. ARTICLE 35. Contractor and Subcontractor Insurance The Contractor shall not commence Work on this Agreement until he has obtained all the insurance and it has been reviewed by the Owner, nor shall the Contractor allow any Subcontractor to commence Work on his subcontract until all similar insurance required for that portion of the Work has been so obtained and reviewed. Review of the insurance by the Owner shall not relieve or decrease the liability of the Contractor hereunder. ARTICLE 36. Compensation and Employer's Liability Insurance The Contractor shall maintain during the life of this Agreement the statutory Worker's Compensation, in addition to, Employer's Liability Insurance in an amount not less than $100,000 for each occurrence and a combined single limit of liability of $1,000,000 for each occurrence for all of his employees to be engaged in Work on the Project under this Agreement and, in case any such Work is sublet, the Contractor shall require the Subcontractor similarly to provide Worker's Compensation and Employer's Liability Insurance for all of the latter's employees to be engaged in such Work. Where Work under this Agreement includes any water or navigational exposure, coverage shall be included to cover the Federal Longshoremen's and Harborworker's Act and the Federal Jones Act. ARTICLE 37. Public Liability (including Automotive) and Property Damage Insurance 37.1 The Contractor shall maintain during the life of this Agreement such public liability and property damage insurance and automobile public liability and property damage insurance and shall protect him, the Owner, the Engineer, and any Subcontractor performing Work covered by this Agreement from claims for damages for personal injury, including accidental death, as well as from claims for property damage, which may arise from negligent operations under this Agreement, whether such operations are by himself or by any Subcontractor or by anyone directly or indirectly employed by either of them, and the amounts of such insurance shall be not less than: (1) Public liability insurance in an amount not less than $500,000 for injuries, including wrongful death to any one person, and subject to the same limit for each person in an amount not less than $1,000,000 for each occurrence. (2) "Broad Form" property damage liability insurance in an amount not less than $500,000 for each occurrence. GC 24