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iv. $50,000 any 1 fire. <br /> The Borrower shall also ensure that at all times during the Project Performance Term each <br /> Subcontractor shall obtain and maintain insurance as specified in this section All insurance <br /> policies required by this Contract shall be issued by insurance companies as approved by the <br /> State. <br /> B. Workers' Compensation <br /> Workers' compensation insurance as required by state statute, and employers' liability <br /> insurance covering all Borrower or Subcontractor employees acting within the course and <br /> scope of their employment. <br /> C. Automobile Liability <br /> Automobile liability insurance covering any auto (including owned, hired and non-owned <br /> autos)with a minimum limit of$1,000,000 each accident combined single limit. <br /> D. Primacy of Coverage <br /> Coverage required of Borrower and each Subcontractor shall be primary over any insurance <br /> or self-insurance program carried by Borrower or the State. <br /> E. Cancellation <br /> The above insurance policies shall include provisions preventing cancellation or non- <br /> renewal,except for cancellation based on non-payment of premiums,without at least 30 days <br /> prior notice to Borrower and Borrower shall forward such notice to the State in accordance <br /> with §25.,within 7 days of Borrower's receipt of such notice. <br /> F. Subrogation Waiver <br /> All insurance policies secured or maintained by Borrower or its Subcontractors in relation to <br /> this Contract shall include clauses stating that each carrier shall waive all rights of recovery <br /> under subrogation or otherwise against Borrower or the State, its agencies, institutions, <br /> organizations, officers, agents,employees,and volunteers. <br /> G. Public Entities <br /> If Borrower is a"public entity"within the meaning of the Colorado Governmental Immunity <br /> Act, §24-10-101,et seq., C.R.S. (the"GIA"),Borrower shall maintain,in lieu of the liability <br /> insurance requirements stated above,at all times during the term of this Contract such liability <br /> insurance,by commercial policy or self-insurance,as is necessary to meet its liabilities under <br /> the GIA. If a Subcontractor is a public entity within the meaning of the GIA, Borrower shall <br /> ensure that the Subcontractor maintain at all times during the terms of this Contract, in lieu <br /> of the liability insurance requirements stated above, such liability insurance,by commercial <br /> policy or self-insurance, as is necessary to meet the Subcontractor's obligations under the <br /> GIA. <br /> Page 11 of 19 <br /> Contract Number:CT2018-2832 <br />