CONTRACT AND INSURANCE Clause Samples

The CONTRACT AND INSURANCE clause establishes the requirements for maintaining valid contracts and appropriate insurance coverage throughout the duration of an agreement. It typically outlines the types and minimum amounts of insurance that parties must carry, such as general liability or workers’ compensation, and may require proof of coverage before work begins or at specified intervals. This clause ensures that all parties are protected against potential risks and liabilities, thereby reducing financial exposure and clarifying responsibilities in the event of accidents or claims.
CONTRACT AND INSURANCE. 2.1 Within ten (10) calendar days after the award of bid, the Contractor(s) should execute a written Unit Price Construction Contract between the Contractor and the Owners which includes the required Performance/Payment Bonds (if applicable), insurance and any other documentation requested in the bid.
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CONTRACT AND INSURANCE. 2.1 The awarded Vendor shall furnish the Owner with a Certificate of Insurance ▇▇▇▇▇ and associated endorsements in the kinds and minimum amounts as detailed in the attached "Insurance Requirements for all Contracts" at time of award. 2.2 All certificates of insurance and endorsements shall be filed with the Owner on the standard ▇▇▇▇▇ Certificate of Insurance form showing specific limits of insurance coverage required and showing City of Lincoln as “Named Additional Insured” as pertains to these services. 2.3 Vendors are strongly encouraged to send the insurance requirements and endorsement information to their Insurance Agent during the bid process in order to ensure contract execution within 10 days of award notice.
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CONTRACT AND INSURANCE. 2.1 The awarded Vendor shall furnish the Owners with a Certificate of Insurance ▇▇▇▇▇ and associated endorsements in the kinds and minimum amounts as detailed in the attached "Insurance Requirements for all Contracts" at time of award. 2.2 All certificates of insurance and endorsements shall be filed with the Owners on the standard ▇▇▇▇▇ Certificate of Insurance form showing specific limits of insurance coverage required and showing Lancaster County as “Named Additional Insured” as pertains to these services. 2.3 Vendors are strongly encouraged to send the insurance requirements and endorsement information to their Insurance Agent during the bid process in order to ensure contract execution within 5 days of award notice.
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CONTRACT AND INSURANCE. 2.1 Within ten (10) calendar days after the award of bid the Contractor(s) must execute a written Unit Price Construction Contract between the Contractor and the Owners which includes the required Performance/Payment Bonds (if applicable), insurance and any other documentation requested in the bid. 2.1.1 Vendor must furnish insurance documents with the executed contract in accordance with the “Insurance Clause for All City of Lincoln, Lancaster County and Public Building Commission Contracts. 2.1.1.1 Specific insurance requirements include, but are not limited to, additional insured, builders’ risk and work comp endorsements.
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CONTRACT AND INSURANCE. 12.1 T h e awarded Contractor shall furnish the Owners with a Certificate of Insurance ▇▇▇▇▇ and associated endorsements in the kinds and minimum amounts as detailed in the attached "Insurance Requirements for all Contracts" at time of award. 12.2 A l l certificates of insurance and endorsements shall be filed with the Owners on the standard ▇▇▇▇▇ Certificate of Insurance form showing specific limits of insurance coverage required and showing City of Lincoln as “Named Additional Insured” as pertains to these services. 12.3 B i d d e r s are strongly encouraged to send the insurance requirements and endorsement information to their Insurance Agent during the bid process to ensure contract execution within 5 days of award notice.
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CONTRACT AND INSURANCE. 2.1 The awarded Vendor shall furnish the Owners with a Certificate of Insurance ▇▇▇▇▇ and associated endorsements in the kinds and minimum amounts as detailed in the attached "Insurance Requirements for all Contracts" at time of award. 2.2 All certificates of insurance and endorsements shall be filed with the Owners on the standard ▇▇▇▇▇ Certificate of Insurance form showing specific limits of insurance coverage required and showing City of Lincoln as “Named Additional Insured” as pertains to these services. 2.3 Vendors are strongly encouraged to send the insurance requirements and endorsement information to their Insurance Agent during the bid process in order to ensure contract execution as soon as possible upon award notice.
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CONTRACT AND INSURANCE. 7.1. Within ten (10) calendar days after the award of bid the Contractor(s) must execute a written Unit Price Construction Contract between the Contractor and the Owners which includes the required Performance/Payment Bonds (if applicable), insurance and any other documentation requested in the bid. 7.1.1 Vendor must furnish insurance documents with the executed contract in accordance with the “Insurance Clause for All City of Lincoln, Lancaster County and Public Building Commission Contracts. 7.1.1.1 Specific insurance requirements include, but are not limited to, additional insured, builders’ risk and work comp endorsements. Submission date: 18 October 2022, 2:43PM Receipt number: 581 Related form version: 17 The requirements herein apply to contracts to be issued by the City of Lincoln, Lancaster County, the ▇▇▇▇▇▇▇- ▇▇▇▇▇▇▇▇▇ County Public Building Commission, and the West Haymarket Joint Public Agency. For purposes of certificates, endorsements and other proof required herein, only include the entity issuing the contract.
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CONTRACT AND INSURANCE. The Matrix Consulting Group confirms that, if awarded contract, we will obtain a City of Saratoga business license and provide the requisite insurances.
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Related to CONTRACT AND INSURANCE

  • BONDS AND INSURANCE 10.1 The Contractor shall provide performance and payment bonds on forms prescribed by Owner and in accordance with the requirements set forth in the UTUGCs. The penal sum of the payment and performance bonds shall be equal to the Contract Sum. 10.2 The Contractor shall not commence work under the Agreement until it has obtained all insurance coverage as required by the UTUGCs and until evidence of the required insurance has been reviewed and approved by the Owner. Owner’s review of the insurance shall not relieve nor decrease the liability of the Contractor. 10.3 In the event that the Owner does implement an Owner Controlled Insurance Program (OCIP) for this Project, the Contractor shall refer to the OCIP specification for a complete listing of coverages provided by the OCIP. Any coverages required by the UTUGCs that is not provided through the OCIP shall be provided by the Contractor.

  • RISK AND INSURANCE With effect from exchange of this contract, the Property is at the Buyer’s risk and the Seller is under no obligation to the Buyer to insure the Property. No damage to or destruction of the Property nor any deterioration in its condition, however caused, shall entitle the Buyer either to any reduction of the Purchase Price or to refuse to complete or to delay completion. Conditions 8.2.2, 8.2.3 and 8.2.4(b) do not apply to this contract.

  • Maintenance and Insurance (a) The Company shall maintain or cause to be maintained, at its own expense, all of its assets and properties in good working order and condition, making all necessary repairs thereto and renewals and replacements thereof. (b) The Company shall maintain or cause to be maintained, at its own expense, insurance in form, substance and amounts (including deductibles), which the Company deems reasonably necessary to the Company's business, (i) adequate to insure all assets and properties of the Company, which assets and properties are of a character usually insured by persons engaged in the same or similar business against loss or damage resulting from fire or other risks included in an extended coverage policy; (ii) against public liability and other tort claims that may be incurred by the Company; (iii) as may be required by the Transaction Documents and/or applicable law and (iv) as may be reasonably requested by Secured Party, all with adequate, financially sound and reputable insurers.

  • Properties and Insurance (a) HUBCO and its Subsidiaries have good and, as to owned real property, marketable title to all material assets and properties, whether real or personal, tangible or intangible, reflected in HUBCO's consolidated balance sheet as of December 31, 1997, or owned and acquired subsequent thereto (except to the extent that such assets and properties have been disposed of for fair value in the ordinary course of business since December 31, 1997), subject to no encumbrances, liens, mortgages, security interests or pledges, except (i) those items that secure liabilities that are reflected in said balance sheet or the notes thereto or that secure liabilities incurred in the ordinary course of business after the date of such balance sheet, (ii) statutory liens for amounts not yet delinquent or which are being contested in good faith, (iii) such encumbrances, liens, mortgages, security interests, pledges and title imperfections that are not in the aggregate material to the business, operations, assets, and financial condition of HUBCO and its subsidiaries taken as a whole and (iv) with respect to owned real property, title imperfections noted in title reports. Except as disclosed in the HUBCO Disclosure Schedule, HUBCO and its Subsidiaries as lessees have the right under valid and subsisting leases to occupy, use, possess and control all property leased by HUBCO or its Subsidiaries in all material respects as presently occupied, used, possessed and controlled by HUBCO and its Subsidiaries. (b) The business operations and all insurable properties and assets of HUBCO and its Subsidiaries are insured for their benefit against all risks which, in the reasonable judgment of the management of HUBCO, should be insured against, in each case under policies or bonds issued by insurers of recognized responsibility, in such amounts with such deductibles and against such risks and losses as are in the opinion of the management of HUBCO adequate for the business engaged in by HUBCO and its Subsidiaries. As of the date hereof, neither HUBCO nor any of its Subsidiaries has received any notice of cancellation or notice of a material amendment of any such insurance policy or bond or is in default under any such policy or bond, no coverage thereunder is being disputed and all material claims thereunder have been filed in a timely fashion.

  • Bonding and Insurance All expenses of bond, liability, and other insurance coverage required by law or regulation or deemed advisable by the Trustees of the Trust, including, without limitation, such bond, liability and other insurance expenses that may from time to time be allocated to the Fund in a manner approved by its Trustees.