Coffiers
<br /> INTEMNATIONAL
<br /> (b) Employer's Liability with limits for bodily injury each accident,disease each employee,disease per policy
<br /> limit in an amount not less than$1,000,000.
<br /> Pollution Liability: If Contractor is engaged for environmental abatement or remediation work, or if the Services involve the
<br /> use,treatment,storage, removal,transport, or otherwise of Hazardous Materials at,to,or from the Property, Contractor must
<br /> obtain Contractor's Pollution Liability or equivalent coverage in an amount no less than$5,000,000 each occurrence on terms
<br /> satisfactory to Owner and Agent.Coverage shall be provided in a"claims made"form and include defense expense within the
<br /> limit of liability. The Retroactive Date must be a date prior to the Effective Date of this Contract.
<br /> Professional Liability("Errors and Omissions"): If Contractor is engaged for professional services or Contractor's Services
<br /> include professional design or engineering services, by a professional on staff or under a consulting agreement, Contractor
<br /> must secure, acquire and maintain, or require its independent consultant or Subcontractor to acquire and maintain,
<br /> Professional Liability insurance in limits not less than$3,000,000 covering the professional services performed in connection
<br /> with the project and continuing in force by renewal or extended reporting provision for not less than three years after completion
<br /> of the Services. Coverage shall be provided in a"claims made"form and shall include defense expense.
<br /> Comprehensive Dishonesty, Disappearance and Destruction Bond(Employee Dishonesty/Crime/Fidelity Bond): If,
<br /> in order to perform the Services,or any portion thereof, Contractor's employees or agents are required to have access to the
<br /> Property, Contractor will obtain commercial crime insurance, including blanket coverage for employee dishonesty, for loss or
<br /> damage arising out of or in connection with any fraudulent or dishonest acts committed by any of Contractor's employees,
<br /> agents or representatives, whether acting alone or in collusion with others, including the property and funds of others in their
<br /> possession,care, custody or control,with a minimum limit per event of$500,000.
<br /> Property: Insurance for tools,equipment and other personal brought on to the Pro b the Contractor or its Subcontractors
<br /> P rtY� P 9 Property Y ( )
<br /> that includes a waiver of subrogation in favor of Agent and Owner.
<br /> Waiver of Subrogation: To the fullest extent permitted by law,there shall be a waiver of subrogation in favor of Owner and
<br /> Agent on the following policies: Commercial General Liability, Comprehensive Auto Liability, Workers' Compensation &
<br /> Employer's Liability. Contractor shall require similar waivers by Subcontractors.
<br /> Additional Insured: Each insurance policy shall be written to cover all claims arising out of occurrences taking place during
<br /> the Term of this Contract and the Commercial General Liability,Comprehensive Auto Liability and Umbrella Liability shall name
<br /> Owner, Agent, and any other entities and/or parties requested by Owner and/or Agent, as additional insureds by way of
<br /> endorsement,either individually or blanket,and extend to completed operations. Contractor shall require the same additional
<br /> insured endorsements from Subcontractors.
<br /> Primary and Non-Contributory: Each policy required hereunder shall be primary and non-contributory with any other
<br /> insurance available to Owner and Agent and shall not be subject to reduction of coverage as to Owner and Agent by reason
<br /> of any claim asserted against Contractor other than in connection with the rendition of Services hereunder or by reason of any
<br /> misstatement, act or omission of any party other than Owner and Agent applying for or insured by such insurance.
<br /> Cancellation, Reduction or Material Change: Insurers for insurance required under this Exhibit shall endeavor to provide
<br /> at least thirty(30)days'written notice in the event of cancellation of,or reduction or material change in,the required coverage.
<br /> Contractor shall provide immediate written notice to Owner and Agent should any of the above described policies be canceled,
<br /> reduced or materially changed.
<br /> Evidence of Insurance and Replacement Coverage: At least(10)days before the commencement of the Term, Contractor
<br /> shall supply Owner and Agent with either the policies themselves or certificates of insurance along with additional insured
<br /> endorsements satisfactory to Owner and Agent,evidencing compliance with all the foregoing requirements.Contractor agrees
<br /> that Owner and/or Agent may engage a third party vendor screening service provider to manage vendor screening and vendor
<br /> certificates of insurance,and that Contractor shall bear any and all costs associated with same. If evidence of insurance is not
<br /> received by Owner,Agent,and/or the third party vendor screening service provider or if such evidence of insurance expires at
<br /> any time during the Term of this Contract,the Contractor will not be authorized to perform any Services,and Owner and Agent
<br /> may withhold payment, until Owner and Agent receive a current certificate of insurance evidencing required insurance limits.
<br /> In the event Contractor fails to provide replacement coverage at least fifteen(15)days'prior to the expiration of any policy of
<br /> insurance, Owner and/or Agent may secure such insurance and deduct the cost thereof from any amounts due Contractor,
<br /> and Contractor shall pay any additional amounts due to Owner and/or Agent within fifteen(15)days'notice thereof from Owner
<br /> and/or Agent. Contractor shall be responsible for obtaining and/or maintaining in force any insurance on equipment,tools, or
<br /> personal effects (business personal property) owned by, rented to, or in the care, custody, or control of Contractor, its
<br /> employees or Subcontractors and for any deductible payable under said policy.
<br /> CONTRACT—Services Contract 10-30-13 9
<br /> I
<br />
|