Ratify Contract - Madison Lifestyle Parking Garage CMc Proj No 123-074 - FA Wilhelm

Home Browse Search

AIA Document A133® - 2019 Standard Form of Agreement Between Owner and Construction Manager as Constructor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price § 14.3.1.3 The Construction Manager may achieve the required limits and coverage for Commercial General Liability and Automobile Liability through a combination of primary and excess or umbrella liability insurance, provided that such primary and excess or umbrella liability insurance policies result in the same or greater coverage as the coverages required under Sections 14.3.1.1 and 14.3.1.2, and in no event shall any excess or umbrella liability insurance provide narrower coverage than the primary policy. The excess policy shall not require the exhaustion of the underlying limits only through the actual payment by the underlying insurers. § 14.3.1.4 Workers' Compensation at statutory limits and Employers Liability with policy limits not less than « one hundred thousand dollars » ($ a I00,000 » ) each accident, «one hundred thousand dollars » ($ «.100,000 » ) each employee, and «one hundred thousand dollars » ($ «100,000 » ) policy limit. § 14.3.1.5 Professional Liability covering negligent acts, errors and omissions in the performance of professional services, with policy limits of not less than «Two Million Dollars ($ 2,000,000 ) per claim and Two Million Dollars ($ «2,000,000 ) in the aggregate. § 14.3.1.6 Other Insurance (List below any other insurance coverage to be provided by the Construction Manager and any applicable limits.) Coverage Limits Not applicable. Not applicable. § 14.3.1.7 Additional Insured Obligations. To the fullest extent permitted by law, the Construction Manager shall cause the primary and excess or umbrella polices for Commercial General Liability and Automobile Liability to include the Owner as an additional insured for claims caused in whole or in part by the Construction Manager's negligent acts or omissions. The additional insured coverage shall be primary and non-contributory to any of the Owner's insurance policies and shall apply to both ongoing and completed operations. § 14.3.1.8 The Construction Manager shall provide certificates of insurance to the Owner that evidence compliance with the requirements in this Section 14.3.1. § 14.3.2 Construction Phase After execution of the Guaranteed Maximum Price Amendment, the Owner and the Construction Manager shall purchase and maintain insurance as set forth in AIA Document A133TM-2019, Standard Form of Agreement Between Owner and Construction Manager as Constructor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price, Exhibit B, Insurance and Bonds, and elsewhere in the Contract Documents. IA. Document A133 - 2019. Copyright 1991, 2003, 2009, and 2019, all rights reserved_ "The American Institute of 36 Architects," "American Institute of Arch. -Its," "AIA," the AI?. Logo, and "AIA Contract Documents" are trademar:a of The 6 American Ina tit— o' Architects, This draft o orodu red at 05: 52:'b ET on io/1111013 under Order 14-2111477497 .ehich res on 10/10/2024, is not for resale, _s 1J7ensed for one-time use only, and mall o be used in accordance wa th the AIA contract Dor_umenta• '"ms of Seitfice. To report copyright'vlolations, _-mail docinno �aaiacontracts.com. User Notes: