Valuable Papers and Records. The Consulting Engineer shall secure and maintain a Valuable Papers Insurance Policy at no direct cost to the Municipality, until the work has been completed and accepted by the Municipality. Said Policy will assure the Municipality that all records, papers, maps, statistics, survey notes and other data shall be reestablished, recreated, or restored if made unavailable by fire, theft, flood, or any other cause. This policy shall provide coverage in the amount of Fifty Thousand Dollars ($50,000) regardless of the physical location of the insured items.
Appears in 3 contracts
Sources: Construction Engineering & Inspection Agreement, Construction Inspection Services Agreement, Construction Inspection Services Agreement