Laserfiche WebLink
<br />CONTRACTOR INSURANCE REQUIREMENTS <br /> <br />Contractor's Insurance Company <br />rating in "Best" Guide* <br /> <br />Coverage required <br />for all contracts <br />grea ter than <br />$25,000 <br /> <br />AID <br /> <br />Contractor's Liability Insurance <br />A. Workers Compensation <br />Coverage A <br />Coverage B (employer's liab.) <br /> <br />B. Automobile Liability <br />All owned/operated vehicles <br /> <br />Sta tutOY'y <br />$100,000 <br /> <br />$1,000,000 <br /> <br />C. Comprehensive General Liability <br />Premises/Operations <br />PrOducts/Operations <br />Pro fess i ona I Li abil ity <br />Contractual <br />Broad Form Property <br /> <br />$1,000,000 <br /> <br />Damage** <br /> <br />D. <br /> <br />Umbrella Liability <br /> <br />$5,000,OOC <br /> <br />*Most famil iar names have an adequate rating. However, if in doubt, call Ol~ner. <br /> <br />**This Insurance covers damage by the contractor to any of Owner.'s property, excluding thaI: <br />which is under his .care". <br /> <br />310.1.3 <br /> <br />The Contr/lctor should have all the insurance informaUon readily available and is <br />to be included in the "Certificate of Insurance" that is required by the Contractor <br />to issue to the Owner. <br /> <br />310.1.4 The insurance coverage under this section shan also be suff-iciently <br />broad to enable the Contractor to fully indemni fy the Owner and the <br />Engineer according to the terms of Sect;on 310.4 of the General Conditions <br />of this Contract. <br /> <br />310.2 Workmen's Compensation Insurance <br /> <br />The Contractor and all Subcontractors shall obtain full workmen's <br />compensation insurance coverage for the entire period of the Contract. <br />Such insurance shall be in full conformity with all requirements of <br />applicable laws. <br /> <br />GC - 14 <br />