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Subcontract#: 061804-017 <br /> Page 31 /Rev 171204 <br /> ATTACHMENT"B" -INSURANCE REQUIREMENTS <br /> These Insurance Requirements are attached to and incorporated into the Contract Documents <br /> and shall be applicable for off-site exposures and lines of coverage not covered in CDOT's <br /> Owner Controlled Insurance Program (OCIP), please see the Project Information Manual (PIM) <br /> for additional information. Subcontractor shall purchase and maintain prior to the commencement <br /> of any Work the following insurance coverages and minimum limits to protect Subcontractor, <br /> Contractor, Owner and all other Indemnified Parties subject to the terms set forth below. However, the <br /> lines of coverage and limits provided by the Subcontractor shall never be less than as required of the <br /> Contractor by the Prime Contract. <br /> Insurers : Subcontractor shall purchase and maintain insurance from a company(ies) that has an A <br /> VII or better rating and is authorized to do business in the state where the Work will take place. <br /> Term of Insurance: All insurance policies required herein shall be maintained from the date of <br /> commencement of the Work until the date of final payment by the Contractor to Subcontractor for the <br /> Work, with the exception of Products and Completed Operations coverage which shall be maintained <br /> for not less than two (2) years after the date of final payment to Subcontractor or in accordance with <br /> the statute of repose for the applicable state, whichever is longer. <br /> Additional Insured Status: Subcontractor shall name Owner, Contractor, Joint Venturers, and all other <br /> Indemnified Parties as additional insureds on all policies, including Completed Operations, except <br /> Professional Liability and Workers' Compensation insurance policies. <br /> If Subcontractor should subcontract or assign any of the Work to a third-party, Subcontractor shall <br /> ensure that such third-party complies with these Insurance Requirements and name Owner, <br /> Contractor, affiliates and all other Indemnified Parties as additional insureds on all policies, including <br /> Completed Operations, except Professional Liability, Workers' Compensation, Motor Truck Cargo and <br /> Contractor's equipment insurance policies, and shall furnish evidence thereof. <br /> Primary Insurance: With respect to Subcontractor's Work, this insurance shall apply as primary and <br /> non-contributory insurance with no right of contribution from any other insurance available to any <br /> Additional Insured. <br /> Insurance Limits: The exhaustion of insurance and policy limits shall not release Subcontractor from <br /> its responsibility for the Work or from its liability and indemnity obligations under the Contract <br /> Documents. <br /> Limitations on Deductibles or Self-Insured Retentions: All deductibles or self-insured retentions, on <br /> the insurance policies referenced herein, including Property and Marine, shall be borne by <br /> Subcontractor. Under no circumstances may Subcontractor maintain an insurance policy with a <br /> deductible or self-insured retention greater than $25,000,without written consent of the Contractor. <br /> Certificate of Insurance: A certificate of insurance shall be furnished to Contractor executed by a duly <br /> authorized representative of the insurer(s), indicating compliance with the insurance requirements <br /> stated herein. Certificates of insurance shall be provided to Contractor prior to the start of <br /> Subcontractor's Work and Contractor may withhold payment from Subcontractor until Subcontractor <br /> complies with this requirement. <br /> Equal Opportunity/Affirmative Action Employer <br />