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No. 2687 approving/authorizing the execution of an addendum to the Master Agency Agreement (Trade Drive Project)
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No. 2687 approving/authorizing the execution of an addendum to the Master Agency Agreement (Trade Drive Project)
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10/18/2012 12:55:18 PM
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• <br />• <br />• <br />8. Status of Claims <br />The ENGINEER shall be responsible for keeping the OWNER currently advised <br />as to the status of any claims made for damages against the ENGINEER which are <br />known resulting from services performed under this Agreement. The ENGINEER shall <br />send notice of claims related to work under this Agreement to OWNER within thirty (30) <br />days. <br />9. Workmen's Compensation and Liability Insurance <br />The ENGINEER shall procure and maintain, until final payment by the OWNER <br />for the services covered by this Agreement, insurance of the kinds and in the amounts <br />hereinafter provided in insurance companies authorized to do such business in the <br />State of Indiana covering all operations under this Agreement whether performed by <br />him or by his subcontractor. The ENGINEER will not be given a notice to proceed until <br />the ENGINEER has furnished a certificate or certificates in a form satisfactory to the <br />OWNER, showing that this section has been complied with. During the life of this <br />Agreement, the ENGINEER shall furnish the OWNER with certificates showing that the <br />required insurance coverage is maintained. The certificate or certificates shall provide <br />that the policies shall not be changed or canceled until ten (10) clays written notice has <br />been given to the OWNER. In the event that such written notice of change or <br />cancellation is given, the OWNER may at its option terminate this Agreement and no <br />further compensation shall in such case be made to the ENGINEER. <br />The kinds and amounts of insurance required are as follows: <br />(A) Policy covering the obligations of the ENGINEER in accordance with <br />the provisions of the Workmen's Compensation Law. This Agreement <br />shall be void and of no effect unless the ENGINEER procures such <br />policy and maintains it until acceptance of the work. <br />(B) Comprehensive Policies of Bodily Injury Liability and Property Damage <br />Liability Insurance, including OWNER'S or Contractor's Protective <br />Coverage (naming the OWNER as an additional insured). Limits of <br />liability to be not less than $500,000 for each person, including death <br />at any time resulting therefrom, and not less than $1,000,000 in any <br />one occurrence, and not less than $500,000 for all damages arising <br />out of injury to or destruction of property or a combined single limit of <br />$1,000,000. <br />(C) Automobile Policies of Bodily Injury and Property Damage Liability <br />Insurance of the types herein specified with bodily injury limits of <br />liability of not less than $500,000 for each person, including death at <br />any time resulting therefrom, and not less than $1,000,000 in any one <br />accident, and not less than $500,000 for all damages arising out of <br />injury to or destruction of property, including hired or non -owned <br />vehicles, or a combined single limit of $1,000,000. <br />Page 4 of 8 <br />
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