Errors and Omissions; Professional Liability. Errors and Omissions or Professional Liability insurance, as may be required, covering damages arising out of negligent acts, errors, or omissions committed by Contractor in the performance of this Contract, with a liability limit of not less than $1,000,000 each claim. Contractor shall maintain this policy for a minimum of two
Errors and Omissions; Professional Liability. The Contractor shall have, maintain, and provide proof of Errors and Omissions or Professional Liability insurance.
Errors and Omissions; Professional Liability. A minimum limit of liability of one million ($1,000,000) dollars per incident and in annual aggregate. Failure by the Contractor to supply such written evidence of required insurance and to maintain same for the duration of this contract shall result in default under this contract.
Errors and Omissions; Professional Liability. A minimum limit of liability of one million ($1,000,000) dollars per incident and in annual aggregate. Failure by the CONTRACTOR to supply such written evidence of required insurance and to maintain same for the duration of this contract shall result in default under this contract. The insurance companies for the above coverages must be licensed by the State of New Jersey and acceptable to the CITY. The CONTRACTOR shall take no action to cancel or materially change any of the insurance required under this Contract without the CITY’s prior approval. The maintenance of insurance under this section shall not relieve the CONTRACTOR of any liability greater than the limits or scope of the applicable insurance coverage. EXHIBIT “C” SCOPE OF SERVICES Contractor shall provide the following services to the City in reference to its Community Development Block Grant/Home Grant Program ( “CDBG”):
Errors and Omissions; Professional Liability. A minimum limit of liability of one million ($1,000,000) dollars per incident and an annual aggregate of two million ($2,000,000.00) dollars.
Errors and Omissions; Professional Liability. A minimum limit of liability of one million ($1,000,000) dollars per incident and in annual aggregate. Failure by the Contractor to supply such written evidence of required insurance and to maintain same for the duration of this contract shall result in default under this contract. The insurance companies for the above coverages must be licensed by the State of New Jersey and acceptable to the “Municipality”. The “Contractor”Shall take no action to cancel or materially change any of the insurance required under this Contract without the “Municipality’s” prior approval. The maintenance of insurance under this section shall not relieve the “Contractor” of any liability greater than the limits or scope of the applicable insurance coverage.
Errors and Omissions; Professional Liability. A policy of professional liability issuance written on a claims made basis in an amount not less than One Million Dollars ($1,000,000).
Errors and Omissions; Professional Liability. Insurance in an amount not less than One Million Dollars ($1,000,000.00) per claim; One Million Dollars ($1,000,000.00) annual aggregate.
Errors and Omissions; Professional Liability. Errors & omissions insurance for liability resulting from the negligent performance of professional duties or operations. The policy shall contain limits of liability in the amount of $5,000,000 each claim and $5,000,000 in the aggregate per project. The policy shall name the Town as an additional insured. The Engineer must agree to maintain continuous professional liability coverage for the entire duration of this Project and for seven (7) years beyond substantial completion of the Project. If the Engineer does not maintain continuous coverage, the Engineer shall provide for an Extended Reporting Period in which to report claims for seven (7) years following the conclusion of the Project. Each Policy of Insurance shall include a waiver of subrogation in favor of the Town and shall provide no less than thirty (30) days’ notice to the Town in the event of a cancellation or change in conditions or amounts of coverage. The Commercial General Liability, Automobile and Excess/Umbrella Liability shall name the Town as an additional insured.
Errors and Omissions; Professional Liability. Errors and Omissions or Professional Liability insurance, as may be required, covering damages arising out of negligent acts, errors, or omissions committed by Contractor in the performance of this Agreement, with a liability limit of not less than $1,000,000 each claim. Contractor shall maintain this policy for a minimum of two (2) years after completion of the work or shall arrange for a two year extended discovery (tail) provision if the policy is not renewed. The intent of this policy is to provide coverage for claims arising out of the performance of professional Services under this contract and caused by any error, omission, breach or negligent act, including infringement of intellectual property (except patent and trade secret) of the Contractor. *Required whenever service provider is required to be certified, licensed or registered by a regulatory entity and/or where the provider’s judgment in planning and design could result in economic loss to City/County/PBC.
