Common use of PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Clause in Contracts

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 per claim or per occurrence for each wrongful act and $2,000,000 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services.

Appears in 11 contracts

Samples: Risk Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 per claim or per occurrence for each wrongful act and $2,000,000 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services. Limits may not be shared with other lines of coverage.

Appears in 6 contracts

Samples: Architectural and Engineering Services Agreement, Agreement, Agreement

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 1,000,000.00 per claim or per occurrence for each wrongful act and $2,000,000 2,000,000.00 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services.

Appears in 3 contracts

Samples: Agreement, Design Build Agreement, Agreement

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 5,000,000 per claim or per occurrence for each wrongful act and $2,000,000 5,000,000 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services.

Appears in 2 contracts

Samples: Agreement, This Agreement

AutoNDA by SimpleDocs

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 per claim or per occurrence for each wrongful act and $2,000,000 1,000,000 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services.

Appears in 1 contract

Samples: www.bidnet.com

PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS). The Contractor shall provide Professional Liability Insurance (Errors and Omissions) to cover liability resulting from any error or omission in the performance of professional services under this Contract. The policy shall provide limits of $1,000,000 5,000,000 per claim or per occurrence for each wrongful act and $2,000,000 10,000,000 annual aggregate. The Contractor warrants that any applicable retroactive date precedes the date the Contractor first performed any professional services for the Government of the District of Columbia and that continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least ten years after the completion of the professional services.

Appears in 1 contract

Samples: Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.