_GENERAL DOCUMENTS - C1981017 ‎(206)‎

• Permit No: C1981017
• IBM Index Class Name: GENERAL DOCUMENTS
• Doc Name: Bid Documents ‎(IMP)‎
• Permit Index Doc Type: General Correspondence
• Media Type: D
• Archive: No

D. Any and all deductibles or self-insured retention contained in any insurance policy shall
be assumed by and at the sole risk of the Contractor.
E. If any of the said policies shall be or at any time become unsatisfactory to the State of
Colorado as to the form or substance, or if a company issuing any such policy shall be
or at any time become unsatisfactory to the Stat of Colorado, the Contractor shall
promptly obtain a new policy, submit the same to the Principle Representative for
approval and thereafter submit a Certificate of insurance as specified above.
Upon failure of the Contractor to furnish, deliver and maintain such insurance as
provided above, the Contract at the sole discretion of the State of Colorado may be
immediately declared suspended, discontinued or terminated. Failure of the Contractor
in obtaining and/or maintaining any required insurance shall not relieve the contractor
from any liability under the Contract, nor shall the insurance requirements be construed
to conflict with the obligations of the Contractor concerning indemnification.
F. Prior to cancellation of or material change in any requisite policy, a minimum of ten (10)
days written notice shall be given to the Principle Representative.
G. All requisite insurance shall be obtained from financially responsible insurance
companies, licensed in the Stat of Colorado and acceptable to the State.
7. Receipt, review or acceptance by the State of all Insurance Policies, Certificates of
Insurance and Bonds required under this Contract shall not be construed as a waiver or
relieve the Contractor from hits obligations to meet the insurance and bond
requirements of the Contract.
Bidders are advised to consult with their insurance carrier conceming these requirements. Submit a
bid only if you are prepared to complete these requirements.
Article 4. THREE-WAY AGREEMENT
If a three-way Agreement for Reclamation Activities is required, the Contractor shall enter into a
three-way agreement between the Contractor, the State of Colorado and the private landowner (a
sample is included in Appendix 1), and maintain for the duration of the work, in addition to that
specified above, additional insurance coverage of:
a. Comprehensive General Liability Insurance, which includes operations & premises
coverage, products/completed operation coverage, all on an occurrence basis, all with
combined single limit of liability of $1,000,000;
b. Statutory Worker's Compensation and Occupational Disease Disability Insurance;
C. Employers' Liability I surance with limits of $500,000 each occurrence; and
d. Automobile Insuran4 with a combined single limit of liability of $1,000,000.
and furnish evidence of the insurance coverage as prescribed the three-way agreement.
If a three-way Agreement for Reclamation Activities is required, the Contractor will be required to
furnish lien waivers to the private landowner. See Number 5 of the sample three-way Agreement for
Reclamation Activities. The landowner's address will be furnished to the Contractor with the Notice
to Proceed.
Article 5. PROJECT SCHEDULE
The successful bidder shall, prior to the execution of an Agreement, furnish a plan for construction of
the work showing (1)the date(s) he expects to move various pieces of equipment onto the work site,
and (2) the dates and period(s) he proposes to perform each phase of the project work.
Colorado Division of Minerals & Geology GENERAL BID SPECIFICATIONS
1996 Page 3