Completed Operations Coverage Sample Clauses
Completed Operations Coverage is an insurance clause that provides protection for claims arising from work that has been finished and handed over to the client. This coverage typically applies to contractors or service providers after their project or service is completed, such as a construction company being covered for damages caused by faulty workmanship discovered after a building is finished. Its core function is to safeguard businesses from liability for injuries or property damage that occur after their work is done, addressing the risk of post-completion claims.
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Completed Operations Coverage. With respect to completed operations liability, when the entire Work has been determined complete by the Developer and General Contractor and accepted by the Owner, ▇▇▇▇▇▇▇▇▇ agrees to cause General Contractor to furnish evidence of such insurance coverage for one (1) twelve
Completed Operations Coverage. Contractor shall provide Owner with evidence that completed operations insurance is maintained in effect covering loss sustained during a period of four (4) years following Owner's filing for record a Notice of Completion.
Completed Operations Coverage. With respect to completed operations liability, when the entire Work has been determined complete by the Subcontractor and accepted by Contractor, Subcontractor agrees to furnish evidence of equivalent continuing coverage for the next two (2) successive twelve (12) months.
Completed Operations Coverage. Contractor shall maintain and provide completed operations coverage and to the additional insured using ISO form CG 20 37. Contractor shall maintain insurance as required by this Agreement to the fullest amount allowed by law and shall maintain insurance for a minimum of five (5) years following the completion of this project. In the event Contractor fails to obtain or maintain completed operations coverage as required by this Agreement, the City at its sole discretion may purchase the coverage required and the cost will be paid by Contractor. Contractor shall provide auto liability coverage for owned, non-owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or the exact equivalent, with a limit of no less than one million dollars ($1,000,000) per accident. If Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the CGL policy. Contractor shall provide auto liability coverage for owned, non-owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or the exact equivalent, with a limit of no less than five million dollars ($5,000,000) per accident. If Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the CGL policy. Contractor shall maintain professional liability insurance that insures against professional errors and omissions that may be made in performing the Services to be rendered in connection with this Agreement, in the minimum amount of one million dollars ($1,000,000) per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this agreement, and Contractor agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this agreement. Contractor shall maintain professional liability insurance that insures against professional errors and omissions that may be made in performing the Services to be rendered in connection with this Agreement, in the minimum amount of two million dollars ($2,000,000) per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this agreement, and Contractor agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this agreement.
Completed Operations Coverage. Coverage must remain in effect for at least one (1) year after project/service completion. Form Type: ISO CG 20 37 or equivalent.
Completed Operations Coverage. Subcontractor, and any subcontractor of Subcontractor, shall maintain and evidence Completed Operations Coverage for a minimum of three (3) years subsequent to the completion of any Project per the limits shown above.
B. Copies of all insurance policies shall be provided to General Contractor by Subcontractor within twenty-four (24) hours of General Contractor’s request for such policies, whether such request be made in person or in writing.
C. The General Contractor, its subsidiaries, officers, members, directors, employees, and agent shall be named as an Additional Insured for ongoing Projects and completed Projects by having the insurance carrier issue an Additional Insured Endorsement(s) with the ISO CG2010 11/85 or its equivalent on all such policies. Copies of these endorsements should be attached to the Certificate of Insurance and shall be updated for any insurance renewals. Subcontractor hereby authorizes General Contractor to contact insurer, speak with agents and representatives of insurer.
D. Certificates of insurance must also include a waiver of subrogation issued by the Subcontractor’s or its subcontractor’s insurance carrier in favor of the General Contractor, its subsidiaries, officers, members, directors, employees, and agents for General Liability, Auto Liability, and Workers
Completed Operations Coverage. Contractor shall maintain and provide completed operations coverage and to the additional insured using ISO form CG 20 37. Contractor shall maintain insurance as required by this Agreement to the fullest amount allowed by law and shall maintain insurance for a minimum of five (5) years following the completion of this project. In the event Contractor fails to obtain or maintain completed operations coverage as required by this Agreement, the City at its sole discretion may purchase the coverage required and the cost will be paid by Contractor. X_ Contractor shall provide auto liability coverage for owned, non-owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or the exact equivalent, with a limit of no less than one million dollars ($1,000,000) per accident. If Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the CGL policy. Contractor shall provide auto liability coverage for owned, non-owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or the exact equivalent, with a limit of no less than five million dollars ($5,000,000) per accident. If Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the CGL policy. Contractor shall maintain professional liability insurance that insures against professional errors and omissions that may be made in performing the Services to be rendered in connection with this Agreement, in the minimum amount of two million dollars ($2,000,000) per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this agreement, and Contractor agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this agreement.
Completed Operations Coverage. _X Contractor shall maintain and provide completed operations coverage and to the additional insured using ISO form CG 20 37. Contractor shall maintain insurance as required by this Agreement to the fullest amount allowed by law and shall maintain insurance for a minimum of five (5) years following the completion of this project. In the event Contractor fails to obtain or maintain completed operations coverage as required by this Agreement, the City at its sole discretion may purchase the coverage required and the cost will be paid by Contractor. _X Contractor shall provide auto liability coverage for owned, non-owned, and hired autos using ISO Business Auto Coverage form CA 00 01, or the exact equivalent, with a limit of no less than one million dollars ($1,000,000) per accident. If Contractor owns no vehicles, this requirement may be met through a non-owned auto endorsement to the CGL policy. _X Contractor shall maintain professional liability insurance that insures against professional errors and omissions that may be made in performing the Services to be rendered in connection with this Agreement, in the minimum amount of two million dollars ($2,000,000) per claim and in the aggregate. Any policy inception date, continuity date, or retroactive date must be before the effective date of this agreement, and Contractor agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this agreement.