Common use of Required Not required Clause in Contracts

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ per claim. Annual aggregate limit shall not be less than $ . If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Coverage as stated below.

Appears in 2 contracts

Sources: Contract for Services, Contract for Services

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000.00 per claim. Annual aggregate limit shall not be less than $ $2,000,000.00. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Intergovernmental Agreement

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000 per claimoccurrence. Annual aggregate limit shall not be less than $ $1,000,000. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Contract for the Purchase of Services

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract Price Agreement by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000 per claimoccurrence. Annual aggregate limit shall not be less than $ $2,000,000. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Price Agreement for Services

Required Not required. Professional Liability insurance Insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract Subcontract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000 per claim. Annual aggregate limit shall must not be less than $ $3,000,000. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall must be included in the Professional Liability insurance Insurance coverage, or the Contractor and subcontractors shall provide Continuous Claims Made Coverage coverage as stated below.

Appears in 1 contract

Sources: Intergovernmental Agreement

Required Not required. Contractor shall provide Professional Liability insurance Insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000.00 per claim. Annual aggregate limit shall claim and not be less than $ $2,000,000.00annual aggregate limit. If coverage is provided on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Coverage coverage as stated below.

Appears in 1 contract

Sources: Personal/Professional Services Contract

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000 per claim. Annual aggregate limit shall not be less than $ $2,000,000. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Coverage as stated below.

Appears in 1 contract

Sources: Contract for Services

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract Agreement by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000 per claim. Annual aggregate limit shall not be less than $ $2,000,000. If coverage is on a claims claim made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Professional Services

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $2,000,000 per claim. Annual aggregate limit shall not be less than $ $4,000,000. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Intergovernmental Grant Agreement

Required Not required. Contractor shall provide Professional Liability insurance Insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $1,000,000.00 per claim. Annual aggregate limit shall claim and not be less than $ $2,000,000.00 annual aggregate limit. If coverage is provided on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Coverage coverage as stated below.

Appears in 1 contract

Sources: Personal/Professional Services Contract

Required Not required. Contractor shall provide Professional Liability insurance Insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor less than $1,000,000.00 per claim and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ per claim. Annual $2,000,000.00 annual aggregate limit shall not be less than $ limit. If coverage is provided on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Coverage coverage as stated below.

Appears in 1 contract

Sources: Personal/Professional Services Contract

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $_______________ per claim. Annual aggregate limit shall not be less than $ $__________________. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Price Agreement for Information Technology Professional Services

Required Not required. Professional Liability insurance covering any damages caused by an error, omission or any negligent acts related to the services to be provided under this Contract by the Contractor and Contractor’s subcontractors, agents, officers or employees in an amount not less than $ $_______________ per claimoccurrence. Annual aggregate limit shall not be less than $ $__________________. If coverage is on a claims made basis, then either an extended reporting period of not less than 24 months shall be included in the Professional Liability insurance coverage, or the Contractor shall provide Continuous Claims Made Tail Coverage as stated below.

Appears in 1 contract

Sources: Contract for the Purchase of Services