Adequacy of Performance. Any insurance bearing on adequacy of performance shall be maintained after completion of the project for the full guaranty period. Should such insurance be cancelled before the end of the guaranty period and the Contractor fails immediately to procure other insurance as specified, the Owner reserves the right to procure such insurance and to charge the cost thereof to the Contractor.
Appears in 29 contracts
Sources: Construction Contract, Construction Contract, Construction Contract
Adequacy of Performance. Any insurance bearing on adequacy of performance shall be maintained after completion of the project for the full guaranty period. Should such insurance be cancelled canceled before the end of the guaranty period and the Contractor fails immediately to procure other insurance as specified, the Owner reserves the right to procure such insurance and to charge the cost thereof to the Contractor.
Appears in 4 contracts
Sources: Contract Agreement, Professional Services Agreement, Contract Agreement
Adequacy of Performance. Any insurance bearing on adequacy of performance shall be maintained after completion of the project for the full guaranty period. Should such insurance be cancelled before the end of the guaranty period and the Contractor Company fails immediately to procure other insurance as specified, the Owner Client reserves the right to procure such insurance and to charge the cost thereof to the ContractorCompany.
Appears in 1 contract
Sources: Technical Assistance Agreement