CONSTRUCTION MANAGER INSURANCE Clause Samples
The Construction Manager Insurance clause requires the construction manager to obtain and maintain specific types of insurance coverage throughout the duration of a project. Typically, this includes general liability, workers’ compensation, and professional liability insurance, with minimum coverage amounts and named insured parties specified in the contract. By mandating these insurance policies, the clause protects both the owner and the construction manager from financial losses arising from accidents, property damage, or professional errors during the construction process, thereby allocating risk and ensuring all parties are adequately protected.
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CONSTRUCTION MANAGER INSURANCE. The Construction Manager shall purchase and maintain for the duration of this Agreement insurance for protection from
(a) claims under worker's compensation acts in at least the minimum statutory amounts as listed below and (b) claims resulting from negligent acts for which the Construction Manager is legally liable arising from (i) claims for damages because of bodily injury, including personal injury, sickness, disease or death of any of the Construction Manager's employees or any other person and (ii) claims for damages because of injury to or destruction of tangible personal property equivalent protection acceptable to Owner.
CONSTRUCTION MANAGER INSURANCE. (a) The Construction Manager shall obtain and maintain during the term of this Agreement all policies of insurance coverage as may be required pursuant to law and this Section. The Construction Manager may maintain the insurance coverage required pursuant to this Section through a combination of primary and excess policies covering the Project. Each liability insurance policy required pursuant to this Section must be primary and not contributing with respect to any insurance or self- insurance programs covering or maintained by the District and/or any of the District Agents. Insurance proceeds received by the Construction Manager attributable to claims or damages for which the District is liable shall serve to offset the District’s liability for such claims or damages. The Construction Manager having in effect the insurance policies required pursuant to this Section is a material part of the consideration given to the District for this Agreement and any failure by the Construction Manager to maintain or renew such policies as provided herein shall be deemed a material breach by the Construction Manager of its obligations pursuant to this Agreement. If the Construction Manager fails to maintain the insurance policies as required pursuant to this Section, the District, in its sole discretion, may obtain and maintain such insurance coverage as it determines necessary and may withhold funds from the Construction Manager due hereunder, without liability or recourse by the Construction Manager, to pay the cost of such insurance coverage.
(b) Prior to performing any CM Services pursuant to this Agreement, the Construction Manager must provide to the District duly-authorized and executed certificates of insurance evidencing that the insurance policies required pursuant to this Section are in effect (each a “Certificate of Insurance”). In addition, within fifteen days after the Effective Date, the Construction Manager shall provide to the District copies of all insurance policies required pursuant to this Section. The District shall review the insurance policies and Certificates of Insurance required pursuant to this Section to determine whether they comply with the requirements of this Agreement, but no such review of, or failure to review or appropriately review, such documentation shall be deemed or construed to relieve the Construction Manager from its obligations pursuant to this Section. The Construction Manager shall provide updated Certificates of Insurance...
CONSTRUCTION MANAGER INSURANCE. The Construction Manager will take out insurance policies to cover the Construction Managers responsibilities including but not limited to those responsibilities set out in Clause 5.2 of the Construction Management Agreement.