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11-30-2022 Council Packet
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11-30-2022 Council Packet
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5 <br /> <br />B. Grantee is required to secure the following coverages and comply with all provisions noted. <br />Certificates of Insurance must be issued evidencing such coverage to the Authority <br />throughout the term of this Grant Agreement. <br /> <br />1. Commercial General Liability Insurance: <br />$ 500,000 per claim <br />$1,000,000 per occurrence <br />$2,000,000 general aggregate <br />$2,000,000 products/completed operations total limit <br />$1,500,000 personal injury and advertising liability <br /> <br />This policy must be written on an occurrence basis using ISO form CG 00 01 or its <br />equivalent. Coverage shall include contractual liability and XCU. Grantee will be <br />required to provide proof of completed operations coverage for three years after <br />substantial completion. <br /> <br />Grantee is required to add the Authority, Ramsey County, their officials, employees, <br />volunteers, and agents as Additional Insured to Grantee’s Commercial General <br />Liability and Umbrella policies with respect to liabilities caused in whole or part by <br />Grantee’s acts or omissions, or the acts or omissions of those acting on Grantee’s behalf <br />in the performance of the ongoing operations, services, and completed operations of <br />Grantee under this Grant Agreement. The coverage provided must be primary and non- <br />contributory. <br /> <br />2. Automobile Insurance: <br />Coverage shall be provided for hired, non-owned and owned auto. <br />Minimum limits of $1,000,000 combined single limit <br /> <br />3. Workers’ Compensation and Employers’ Liability: <br />Workers’ Compensation as required by Minnesota Statutes; <br />Employers’ Liability Limits: <br />$500,000/$500,000/$500,000 <br /> <br />4. Professional Liability/Errors and Omissions Coverage (if applicable): <br />Per Claim Limit: $ 500,000 <br />Per Occurrence Limit: $1,500,000 <br />Aggregate Limit: $2,000,000 <br /> <br />This policy is to be written as acceptable to the Authority. <br /> <br />Certificates of Insurance must indicate if the policy is issued on a claims-made or <br />occurrence basis. If coverage is carried on a claims-made basis, then: 1) the retroactive <br />date must be noted on the Certificate and must be prior to or the day of the inception <br />of the Grant Agreement; and 2) evidence of coverage must be provided for three years <br />beyond expiration of the Grant Agreement. <br />
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