Common use of Insurance and Security Clause in Contracts

Insurance and Security. A. For the period after the assignment of this Franchise by Company Name to the Utility Assignee under Section 18, below, the following insurance provisions shall apply: Prior to the effective date of this franchise and during its life, the franchisee shall obtain and maintain continuously liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer may further determine that Business Auto Liability Insurance may also be required. Such insurance shall include Garfield County, its officers, elected officials, agents, and employees as an additional insured and shall not be reduced or cancelled without thirty days written prior notice to the County. Such insurance, in its provision for additional insured, shall include a “Cross Liability Endorsement”, “Severability of Interests”, or “Separation of Insureds” provision indicating: “The inclusion of more than one insured under this policy shall not affect the rights of any insured as respects any claim, suit, or judgment made or brought by or for any other insured or by or for any employee of any other insured. The policy shall protect each insured in the same manner as though a separate policy had been issued to each except that nothing herein shall operate to increase the company’s liability beyond the amount or amounts for which the insurer would have been liable had only one insured been named.” All insurance policies will be issued on an occurrence basis. Claims made policies are unacceptable. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a signed certificate of insurance naming Garfield County as an additional insured. Proof of all insurance shall be in a form acceptable to the County, and all conditions and requirements of insurance stated in this clause 10.A shall be satisfied prior to commencement of construction. All insurance documentation shall be submitted and reviewed by the Garfield County Risk Manager prior to commencement of construction. The County may require additional bond, deposit or security as provided in the Garfield County Accommodation of Utility Policy. Acceptance by the County of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self- insure against such risks in such amounts as are consistent with good utility practice and the per occurrence minimum of $2,000,000.00. Grantee shall provide the County with a self-insurance letter as evidence that Grantee maintains a self- insurance program.

Insurance and Security. A. For the period after the assignment of this Franchise by (Company Name Name) to the Utility Assignee under Section 18, below, the following insurance provisions shall apply: Prior to the effective date of this franchise and during its life, the franchisee shall obtain and maintain continuously liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer Township Zoning Administrator may further determine that Business Auto Liability Insurance may also be required. Such insurance shall include Garfield CountyXxxxxxx Township, its officers, elected officials, agents, and employees as an additional insured and shall not be reduced or cancelled without thirty (30) days written prior notice to the CountyXxxxxxx Township. Such insurance, in its provision for additional insured, shall include a “Cross Liability Endorsement”, “Severability of Interests”, or “Separation of InsuredsInsured's” provision indicating: “The inclusion of more than one insured under this policy shall not affect the rights of any insured as respects any claim, suit, or judgment made or brought by or for any other insured or by or for any employee of any other insured. The policy shall protect each insured in the same manner as though a separate policy had been issued to each except that nothing herein shall operate to increase the company’s 's liability beyond the amount or amounts for which the insurer would have been liable had only one insured been named.” All insurance policies will be issued on an occurrence basis. Claims made policies are unacceptable. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a signed certificate of insurance naming Garfield County Xxxxxxx Township as an additional insured. Proof of all insurance shall be in a form acceptable to the County, and all conditions and requirements of insurance stated in this clause 10.A shall be satisfied prior to commencement of construction. All insurance documentation shall be submitted and reviewed by the Garfield County Risk Manager Xxxxxxx Township Zoning Administrator prior to commencement of construction. The County Xxxxxxx Township may require additional bond, deposit or security as provided in the Garfield County Accommodation of Utility PolicyXxxxxxx Township Zoning Ordinance and other ordinances. Acceptance by the County Township of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self- self-‐ insure against such risks in such amounts as are consistent with good utility practice and the per occurrence minimum of $2,000,000.00. Grantee shall provide the County Xxxxxxx Township with a self-insurance self-‐insurance letter as evidence that Grantee maintains a self- insurance self-‐insurance program.

Insurance and Security. A. For the period after the assignment of this Franchise by Company Name to the Utility Assignee under Section 18, below, the following insurance provisions shall apply: Prior to the effective date of this franchise and during its life, the franchisee shall obtain and maintain continuously liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer may further determine that Business Auto Liability Insurance may also be required. Such insurance shall include Garfield County, its officers, elected officials, agents, and employees as an additional insured and shall not be reduced or cancelled without thirty days written prior notice to the County. Such insurance, in its provision for additional insured, shall include a “Cross Liability Endorsement”, “Severability of Interests”, or “Separation of Insureds” provision indicating: “The inclusion of more than one insured under this policy shall not affect the rights of any insured as respects any claim, suit, or judgment made or brought by or for any other insured or by or for any employee of any other insured. The policy shall protect each insured in the same manner as though a separate policy had been issued to each except that nothing herein shall operate to increase the company’s liability beyond the amount or amounts for which the insurer would have been liable had only one insured been named.” All insurance policies will be issued on an occurrence basis. Claims made policies are unacceptable. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a signed certificate of insurance naming Garfield County as an additional insured. Proof of all insurance shall be in a form acceptable to the County, and all conditions and requirements of insurance stated in this clause 10.A shall be satisfied prior to commencement of construction. All insurance documentation shall be submitted and reviewed by the Garfield County Risk Manager prior to commencement of constructionconstruction on the Name of Project. The County may require additional bond, deposit or security as provided in the Garfield County Accommodation of Utility Policy. Acceptance by the County of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self- insure against such risks in such amounts as are consistent with good utility practice and the per occurrence minimum of $2,000,000.00. Grantee shall provide the County with a self-insurance letter as evidence that Grantee maintains a self- insurance program.

Insurance and Security. A. For the period after the assignment of this Franchise by Company Name to the Utility Assignee under Section 18, below, the following insurance provisions shall apply: Prior to the effective date of this franchise and during its life, the franchisee shall obtain and maintain continuously liability insurance necessary to comply with the hold harmless agreement herein with limits of liability not less than: $2,000,000.00 per occurrence The County Engineer may further determine that Business Auto Liability Insurance may also be required. Such insurance shall include Garfield County, its officers, elected officials, agents, and employees as an additional insured and shall not be reduced or cancelled without thirty days written prior notice to the County. Such insurance, in its provision for additional insured, shall include a “Cross Liability Endorsement”, “Severability of Interests”, or “Separation of Insureds” provision indicating: “The inclusion of more than one insured under this policy shall not affect the rights of any insured as respects any claim, suit, or judgment made or brought by or for any other insured or by or for any employee of any other insured. The policy shall protect each insured in the same manner as though a separate policy had been issued to each except that nothing herein shall operate to increase the company’s liability beyond the amount or amounts for which the insurer would have been liable had only one insured been named.” All insurance policies will be issued on an occurrence basis. Claims made policies are unacceptable. Grantee shall maintain coverage for the duration of this Franchise. Grantee shall provide the County annually a signed certificate of insurance naming Garfield County as an additional insured. Proof of all insurance shall be in a form acceptable to the County, and all conditions and requirements of insurance stated in this clause 10.A shall be satisfied prior to commencement of construction. All insurance documentation shall be submitted and reviewed by the Garfield County Risk Manager prior to commencement of construction. The County may require additional bond, deposit or security as provided in the Garfield County Accommodation of Utility Policy. Acceptance by the County of any work performed by the Grantee at the time of completion shall not be a ground for avoidance of this covenant. In lieu of the insurance requirements set forth in this Section 10, Grantee may self- self-insure against such risks in such amounts as are consistent with good utility practice and the per occurrence minimum of $2,000,000.00. Grantee shall provide the County with a self-insurance letter as evidence that Grantee maintains a self- self-insurance program.