Lakeside Industries Inc. 6/21/2021

1 F. The Contractor shall not begin work under the Contract until the required insurance has 2 been obtained and approved by the Contracting Agency 3 4 G. Failure on the part of the Contractor to maintain the insurance as required shall ' 5 constitute a material breach of contract, upon which the Contracting Agency may, after 6 giving five business days' notice to the Contractor to correct the breach, immediately 7 terminate the Contract or, at its discretion, procure or renew such insurance and pay any 8 and all premiums in connection therewith, with any sums so expended to be repaid to the 9 Contracting Agency on demand, or at the sole discretion of the Contracting Agency, 10 offset against funds due the Contractor from the Contracting Agency. 11 12 H. All costs for insurance shall be incidental to and included in the unit or lump sum prices 13 of the Contract and no additional payment will be made. 14 15 1-07.18(2) Additional Insured 16 All insurance policies, with the exception of Workers Compensation, and of Professional 17 Liability and Builder's Risk (if required by this Contract) shall name the following listed 18 entities as additional insured(s) using the forms or endorsements required herein: 19 ■ the Contracting Agency and its officers, elected officials, employees, agents, and I 20 volunteers 21 ■ *** $2,000,000.00*** 22 23 The above-listed entities shall be additional insured(s) for the full available limits of liability 24 maintained by the Contractor, irrespective of whether such limits maintained by the 25 Contractor are greater than those required by this Contract, and irrespective of whether the 26 Certificate of Insurance provided by the Contractor pursuant to 1-07.18(4) describes limits 27 lower than those maintained by the Contractor. 28 29 For Commercial General Liability insurance coverage, the required additional insured 30 endorsements shall be at least as broad as ISO forms CG 20 10 10 01 for ongoing 31 operations and CG 20 37 10 01 for completed operations. 32 33 1-07.18(3) Subcontractors 34 The Contractor shall cause each Subcontractor of every tier to provide insurance coverage 35 that complies with all applicable requirements of the Contractor-provided insurance as set 36 forth herein, except the Contractor shall have sole responsibility for determining the limits of 37 coverage required to be obtained by Subcontractors. 38 39 The Contractor shall ensure that all Subcontractors of every tier add all entities listed in 40 1-07.18(2) as additional insureds, and provide proof of such on the policies as required by 41 that section as detailed in 1-07.18(2) using an endorsement as least as broad as ISO CG 20 42 10 10 01 for ongoing operations and CG 20 37 10 01 for completed operations. 43 44 Upon request by the Contracting Agency, the Contractor shall forward to the Contracting 45 Agency evidence of insurance and copies of the additional insured endorsements of each 46 Subcontractor of every tier as required in 1-07.18(4) Verification of Coverage. 47 48 1-07.18(4) Verification of Coverage 49 The Contractor shall deliver to the Contracting Agency a Certificate(s) of Insurance and 50 endorsements for each policy of insurance meeting the requirements set forth herein when 51 the Contractor delivers the signed Contract for the work. Failure of Contracting Agency to 52 demand such verification of coverage with these insurance requirements or failure of 2021 PAVEMENT MAINTENANCE OVERLAY PAGE 23 OF 84 DIVISION T WORK ORDER 3751 MARCH 29,2021