Construction Insurance definition

Construction Insurance means the insurance contemplated under GC 11.1 - INSURANCE of the Construction Contract.

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Construction Insurance means all insurance customarily maintained by prudent owners in connection with the construction of a facility similar to the Seller’s Plant, including course of construction insurance.

Construction Insurance means the insurance coverage applicable to Design and Construction Work for the NWRRDS, procured and maintained as provided in Section 15 and Exhibit D.

Examples of Construction Insurance in a sentence

• Pollution Liability Insurance in the minimum amount of $1,000,000 per occurrence Garage Keepers Insurance in the minimum amount of $1,000,000 per occurrence Fidelity / Crime / Dishonesty Bond in the minimum amount of $ MCS-90 Endorsement to Business Automobile insurance for transportation of hazardous materials and pollutants Builder’s Risk / Course of Construction Insurance in the minimum amount of $ .

• For Infrastructure Program Projects the Recipient shall provide General Liability, Automobile Liability, Worker’s Compensation and Employer’s Liability, Builder’s Risk Course of Construction Insurance, and Professional Liability as specified in the Insurance Manual: ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇/wp- content/uploads/2019/06/Insurance-Manual-revised-May-2019.pdf B-35.

• Area Fees Construction Insurance Construction Interest Construction Taxes Land Interest (if any) Temporary Facilities All site work to include: Site clearing and grading Excavating/Fill Soil compaction Site drainage Site utilities Paving Curbs and gutters Sidewalks Parking lot lights Curb painting and parking lot striping and markings as required by the City.

• Further, the Replacement Contractor must provide replacement or otherwise ensure continued maintenance of the Construction Insurance and the Construction Security under the Construction Contract in the event of a Construction Contract Assignment or under the Replacement Construction Contract in the event a Replacement Construction Contract is entered into.

• Pollution Liability Insurance in the minimum amount of $1,000,000 per occurrence MCS-90 Endorsement to Business Automobile insurance for transportation of hazardous materials and pollutants Builder’s Risk / Course of Construction Insurance in the minimum amount of $ .

• Owner requires that all contractors submit a monthly report of man-hours and payroll to Construction Insurance Partners as per the following form.

• THIS FORM MUST BE RETURNED TO Construction Insurance Partners, LLC by the Contractor prior to the Contractor going onto the job-site.

• The approval of the Administrative Committee shall be obtained by the Project Manager before any said claim or combination of said claims against any or all Participants arising out of the same transaction or incident is settled for more than $250,000 unless it shall be established that the entire amount of the settlement in excess of $250,000 is recoverable from an insurer providing Construction Insurance.

• If the Project Manager or Operating Agent does so combine coverages, the Administrative Committee shall determine the portion of the total premium cost which is allocable to Construction Insurance or Operating Insurance.

• They must advise Construction Insurance Partners, LLC of name, address, contact name, telephone number and fax number of all contractors that will be working on-site on this project.

More Definitions of Construction Insurance

Construction Insurance means the following insurance policies covering the Construction Facilities: (i) hazard or builder's risk insurance with an extended coverage endorsement acceptable to the Purchaser in an amount equal to the full replacement cost of the Construction Facilities, and (ii) comprehensive public liability insurance insuring against bodily injury and property damage, and which shall contain an endorsement in favor of Purchaser or name Purchaser as first loss payee, as the case may be, and shall require written notification to Purchaser not less than thirty (30) days before cancellation or expiration and shall not permit amendment or modification without Purchaser's prior written consent. The Construction Insurance may be consolidated in one insurance policy at Sellers' option. The builder's risk policy must be written on an all-risk basis and on a completed-value form (non-reporting basis) for the full replacement cost of the Improvements. Upon Purchaser's request, Sellers shall deliver to Purchaser a certificate of insurance addressed to Purchaser evidencing worker's compensation and public liability insurance of the construction manager or general contractor, as the case may be, for the Construction Facilities.