Laserfiche WebLink
EIAF 7500 — Louisville City Service Facility <br />13. INSURANCE <br />Grantee and its Subgrantees shall obtain and maintain insurance as specified in this section at all times during <br />the term of this Grant: All policies evidencing the insurance coverage required hereunder shall be issued by <br />insurance companies satisfactory to Grantee and the State. <br />A. Grantee <br />i. Public Entities <br />If Grantee is a "public entity" within the meaning of the Colorado Governmental Immunity Act, CRS <br />§24 -10 -101, et seq., as amended (the "GIA "), then Grantee shall maintain at all times during the term <br />of this Grant such liability insurance, by commercial policy or self - insurance, as is necessary to meet <br />its liabilities under the GIA. Grantee shall show proof of such insurance satisfactory to the State, if <br />requested by the State. Grantee shall require each subgrant with Subgrantees that are public entities, <br />providing Goods or Services hereunder, to include the insurance requirements necessary to meet <br />Subgrantee's liabilities under the GIA. <br />ii. Non - Public Entities <br />If Grantee is not a "public entity" within the meaning of the GIA, Grantee shall obtain and maintain <br />during the term of this Grant insurance coverage and policies meeting the same requirements set forth <br />in §13(B) with respect to Subgrantees that are not "public entities ". <br />B. Grantees, Subgrantees and Subcontractors <br />Grantee shall require each subgrant with Subgrantees and each contract with Subcontractors, other than <br />those that are public entities, providing Goods or Services in connection with this Grant, to include <br />insurance requirements substantially similar to the following: <br />i. Workers' Compensation <br />Workers' Compensation Insurance as required by State statute, and Employer's Liability Insurance <br />covering all of Grantee, Subgrantee and Subcontractor employees acting within the course and scope <br />of their employment. <br />ii. General Liability <br />Commercial General Liability Insurance written on ISO occurrence form CG 00 01 10/93 or <br />equivalent, covering premises operations, fire damage, independent contractors, products and <br />completed operations, blanket contractual liability, personal injury, and advertising liability with <br />minimum limits as follows: (a) $1,000,000 each occurrence; (b) $1,000,000 general aggregate; (c) <br />$1,000,000 products and completed operations aggregate; and (d) $50,000 any one fire. <br />iii. Automobile Liability <br />Automobile Liability Insurance covering any auto (including owned, hired and non -owned autos) with <br />a minimum limit of $1,000,000 each accident combined single limit. <br />iv. Malpractice/Professional Liability Insurance <br />This section ® shall I ❑ shall not apply to this Grant. <br />Grantee, Subgrantees and Subcontractors shall maintain in full force and effect a Professional Liability <br />Insurance Policy in the minimum amount of $1,000,000 per occurrence and $1,000,000 in the <br />aggregate, written on an occurrence form, that provides coverage for its work undertaken pursuant to <br />this Grant. If a policy written on an occurrence form is not commercially available, the claims -made <br />policy shall remain in effect for the duration of this Grant and for at least two years beyond the <br />completion and acceptance of the work under this Grant, or, alternatively, a two year extended <br />reporting period must be purchased. The Grantee, Subgrantee or Subcontractor shall be responsible for <br />all claims, damages, losses or expenses, including attorney's fees, arising out of or resulting from such <br />party's performance of professional services under this Grant, a subcontract or subgrant. <br />v. Umbrella Liability Insurance <br />For construction projects exceeding $10,000,000, Grantee, Subgrantees and Subcontractors shall <br />maintain umbrella/excess liability insurance on an occurrence basis in excess of the underlying <br />insurance described in §13B(i) -(iv) above. Coverage shall follow the terms of the underlying <br />insurance, included the additional insured and waiver of subrogation provisions. The amounts of <br />insurance required in subsections above may be satisfied by the Grantee, Subgrantee and <br />Page 9 of 21 <br />