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If the above documents are not submitted properly by the date specified in the award letter, the <br /> Division of Reclamation, Mining and Safety may elect to award the project to the next lowest <br /> bidder. <br /> The apparent low bidder must submit a certificate of insurance with the following limits: <br /> THREE-WAY AGREEMENT <br /> A three way "Agreement for Reclamation Activities" is/is not required for this job. Please see <br /> Article 4 of the General Conditions for the applicable insurance requirements. <br /> INSURANCE <br /> A. The contractor shall obtain at his own expense, and maintain at all times during the term <br /> of this contract, insurance listed below. Proof of insurance must be submitted on <br /> certificates showing the following minimum coverage: <br /> 1) Worker's Compensation Insurance as required by state statute, and Employer's <br /> Liability Insurance covering all of contractor's employees acting within the course <br /> and scope of their employment. <br /> 2) Commercial General Liability Insurance written on ISO occurrence form CG 00 01 <br /> 10/93 or equivalent, covering premises operations, fire damage, independent <br /> contractors, products and completed operations, blanket contractual liability, <br /> personal injury, and advertising liability with minimum limits as follows: <br /> a. $1,000,000 each occurrence; <br /> b. $1,000,000 general aggregate; <br /> C. $1,000.00 products and completed operations aggregate; and <br /> d. $50,000.00 any one fire. <br /> If any aggregate limit is reduced below$1,000,000 because of claims made or paid, <br /> the contractor shall immediately obtain additional insurance to restore the full <br /> aggregate limit and furnish to the State a certificate or other document satisfactory <br /> to the State showing compliance with this provision. <br /> 3) Automobile Liability Insurance covering any auto (including owned, hire and non <br /> -owned autos)with a minimum limit as follows: $1.000,000 each accident combined <br /> single limit. <br /> The Certificates of Insurance and insurance policies required above shall be subject to the <br /> following stipulations: <br /> B. The State of Colorado shall be named as additional insured on the Commercial General <br /> Liability Policy (leases and construction contracts will require the additional insured <br /> coverage for completed operations on endorsements CG 2010 11/85, CG 2037 or <br /> equivalent). Coverage required of the contract will be primary over any insurance or self- <br /> insurance program carried by the State of Colorado. <br /> Page 6 of 17 <br />