Contractor to insure. The Contractor must:
Contractor to insure. The Contractor must take out and maintain for the Term of this Agreement the following insurance policies:
Contractor to insure. The Contractor must take out and maintain for the Term of this Agreement (and in the case of professional indemnity insurance, for the Term of this Agreement and a period of six (6) years after the Date of Completion) the following insurance policies:
Contractor to insure. The Contractor must: Insure against Public Liability: arrange and maintain public liability insurance until issue of the Final Completion Certificate to indemnify the Principal and the Contractor against legal liability to third parties for damage, loss, or injury caused by an act or omission of the Contractor arising out of the performance of the Works. The insurance must be for at least the amount stated in the Special Conditions. Insure the Works: where required by the Special Conditions, arrange and maintain Works insurance in the joint names of the Principal and the Contractor until Practical Completion of the Works. The insurance must be sufficient to cover the Contract Price plus any increased costs, professional fees, Principal supplied items not included in the Contract Price and the estimated cost of demolition, disposal and preparation for replacement work necessarily incurred following any loss or damage to the Works. The insurance shall also continue to cover loss or damage resulting from an act or omission of the Contractor in the performance of its obligations in the period between Practical Completion and the issue of the Final Completion Certificate.
