Extended Reporting. If any of the required liability insurance is permitted to be and is on a "claims made" basis, the Contractor or Subcontractor who provided the insurance coverage, shall obtain an extended reporting period on the claims made policy or maintain the claims made policy for a duration of at least 24 months from the date the applicable work has been completed and accepted by Owner or the date of Final Completion. This extended reporting requirement shall be satisfied with documentation of one of the following: o Maintaining the applicable continuous claims made policy with liability coverage; o Extended Reporting Endorsement; or o Tail Coverage.
Appears in 3 contracts
Sources: Public Improvement Agreement, Public Improvement Agreement, Public Improvement Agreement