Professional Errors and Omissions Insurance. Contractor shall maintain Professional Errors and Omissions Insurance. Said insurance shall be in an amount of two million dollars ($2,000,000) (and Contractor shall require that its subcontractors have such insurance in an amount of five million dollars ($5,000,000)), and the coverage shall remain in effect for at least 2 years following completion.
Appears in 2 contracts
Sources: Engineering, Procurement and Construction Agreement (BioFuel Energy Corp.), Engineering, Procurement and Construction Agreement (BioFuel Energy Corp.)