Contractor Provided Coverages Sample Clauses
The "Contractor Provided Coverages" clause requires the contractor to obtain and maintain specific types of insurance or other protective coverages during the course of a project. Typically, this includes general liability, workers’ compensation, and property insurance, and the clause may specify minimum coverage amounts, policy terms, and the need to name the client as an additional insured. By mandating these coverages, the clause ensures that both the contractor and the client are protected from financial losses arising from accidents, injuries, or property damage, thereby allocating risk and promoting project security.
Contractor Provided Coverages. All insurance obtained by the Contractor pursuant to this Agreement shall be written by insurance companies licensed to do business in Tennessee and acceptable to Owner. Prior to the commencement of any operations by or on behalf of the Contractor relating to the Project, and with respect to any and all such operations, the Contractor shall procure, maintain and provide to Owner and the Program Manager:
Contractor Provided Coverages. All insurance obtained by the Contractor pursuant to this Agreement shall be written by insurance companies licensed to do business in Tennessee and acceptable to Owner. In no event shall the companies have an A. M. Best rating of less than A-, financial size VIII. Prior to the commencement of any operations by or on behalf of the Contractor relating to the Project, and with respect to any and all such operations, the Contractor shall procure and provide to Owner and the Program Manager.
Contractor Provided Coverages. For any work under this contract, and until completion and final acceptance of the Project Work all ineligible contractors/subcontractors as defined in paragraph 12.1 of this document shall provide certificates of insurance giving evidence that the following coverages are in force. The Project site should be shown on the certificate and the Owner, Contractor and their affiliates, directors; officers, representatives, agents and employees shall be endorsed as Additional Insureds, ATIMA (As Their Interest may appear) on the Commercial General Liability Policy and Automobile Policy and that such coverages are primary to any policies of insurance provided by Owner or Contractor. For any work under this contract, and until completion and final acceptance of the Project Work, all eligible subcontractors, at their own expense, shall promptly furnish to the Insurance Administrator, certificates of insurance giving evidence that the following coverages are in force: