Common use of Insurance & Bonding Clause in Contracts

Insurance & Bonding. The Grantee shall carry sufficient insurance coverage to protect contract assets from loss due to theft, fraud, and/or undue physical damage, and as a minimum shall purchase a blank fidelity bond covering all employees in an amount equal to the cash advances from the City. The Grantee shall comply with the bonding and insurance requirements of 2 CFR Chapter I, Chapter II, Part 200, xx.xx., Bonding and Insurance.

Appears in 2 contracts

Samples: www.lafayette.in.gov, www.lafayette.in.gov

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Insurance & Bonding. The Grantee shall carry sufficient insurance coverage to protect contract Agreement assets from loss due to theft, fraud, fraud and/or undue physical damage, and as a minimum shall purchase a blank blanket fidelity bond covering all employees in an amount equal to the cash advances from the City. The Grantee shall comply with the bonding and insurance requirements of 2 CFR Chapter I, Chapter II, Part 200, xx.xxCounty Board., Bonding and Insurance.

Appears in 2 contracts

Samples: Agreement, Grant Agreement

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