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  2. Finance Committee - Agenda - 5/18/2022 - P173

Finance Committee - Agenda - 5/18/2022 - P173

By dnadmin on Sun, 11/06/2022 - 21:42
Document Date
Wed, 05/18/2022 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 05/18/2022 - 00:00
Page Number
173
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__051820…

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INSURANCE REQUIREMENTS

Throughout the term of the Agreement (including any renewal thereof and
whether MCAT is providing operations and/or maintenance services), MCAT
shall obtain and maintain at its own expense, including the cost of any
applicable deductible, the following policies of insurance:

Commercial General Liability Insurance, written on CGO0001 0413 or its
equivalent, including but not limited to bodily and personal injury liability,
property damage, products liability, completed operations liability, owners
& contractor’s protective liability, blanket contractual liability, premises
liability, and contingent employer's liability coverage, having an inclusive
limit of not less than $1,000,000 per occurrence and $2,000,000 in the
aggregate. Such policy shall include Customer as an additional insured, to
the extent of MCAT’s obligations to the Customer under this Agreement.
Standard Form Automobile Liability Insurance, having an inclusive limit of
not less than $1,000,000 per occurrence for third party liability, in respect
of the use or operation of vehicles owned, operated or leased by MCAT for
the provision of services under this Agreement.

Non-Owned Automobile Liability Insurance in standard form having an
inclusive limit of not less than $1,000,000 per occurrence, in respect of
vehicles not owned by MCAT, that are used or operated on its behalf for the
provision of services under this Agreement.

Worker's Compensation Insurance (or qualification as a self-insurer)
sufficient to satisfy the laws of the state in which MCAT’s work under this
Agreement is being performed.

MCAT shall maintain in effect at all times during the performance under this
contract all specified insurance coverage with insurers. None of the
requirements as to types and limits to be maintained by MCAT are intended
to and shall not in any manner limit or qualify the liabilities and obligations
assumed by MCAT under this contract. The Customer shal] not maintain any
insurance on behalf of MCAT. Subcontractors are subject to the same
insurance requirements as MCAT and it shall be MCAT’s responsibility to
ensure compliance of this requirement. MCAT will provide the Customer
with certificates of insurance for coverage and endorsements as specified
under this contract within ten calendar days after the Customer issues the
notice of award and is responsible for filing updated certificates of
insurance with the Customer’s Risk Management Department during the life
of the contract.

Customer shall maintain property insurance, as may be applicable, with
respect to loss or damage (including fire, theft, burglary, etc.) of its own
property and property in its care, custody and control, including its
equipment, tools, and stock used in connection with the Agreement.
All polices of insurance within the scope of this Section 13 shall:

be maintained continuously during the course of carrying out the services
under this Agreement;

provide waivers of subrogation as required by any written agreement; and

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Finance Committee - Agenda - 5/18/2022 - P173

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