It is agreed that the contractor for all private developments shall comply with the following general requirements and provide the village with proof of the insurance requirement herein prior to the start of construction. All monetary amounts quoted herein may be revised at the discretion of the village at any time and without notice.
(A) Contractor's comprehensive general liability insurance.
(1) The contractor shall procure and shall maintain during the life of his or her contract, contractor's personal injury insurance in an amount not less than $1,000,000 for injuries, including accidental death, to each person, in an amount not less than $1,000,000 on account of each occurrence; and contractor's property damage insurance in an amount not less than $1,000,000 each occurrence; and $1,000,000 aggregate including completed operations and contractual liability coverage.
(2) This comprehensive general liability insurance shall include coverage for explosion, collapse, underground hazards, and flooding and coverage assumed in the indemnification clause of this section of the work.
(B) Owner's protective public liability insurance. The contractor shall procure and maintain during the life of his or her contract owner's protective public liability insurance in the name of the village and Village Engineer in an amount not less than $1,000,000 for injuries, including accidental death to each person, and in an amount not less than $1,000,000 on account of each occurrence; and property damage in an amount not less than $1,000,000 each occurrence, and $1,000,000 aggregate.
(C) Contractor's automobile bodily injury and property damage insurance.
(1) The contractor shall procure and shall maintain during the life of his or her contract automobile bodily injury insurance in an amount not less than $1,000,000 for injuries, including accidental death, to each person, and in an amount not less than $1,000,000 for each occurrence; and property damage in an amount not less than $ 1,000,000 for each occurrence.
(2) The contractor shall procure and shall maintain during the life of his or her contract hired and non-ownership automobile bodily injury and protection damage insurance in an amount not less than $1,000,000 for injuries, including accidental death, to each person; and in an amount not less than $1,000,000 for each occurrence; and property damage in an amount not less than $1,000,000 for each occurrence.
(D) Umbrella or excess liability. The contractor is granted the option of arranging under a single policy for the full limit required for general liability and/or automobile liability or by a combination of underlying policies with the balance provided by an excess or umbrella liability policy equal to the total limit(s) requested. The umbrella or excess liability shall be in an amount not less than $2,000,000 per occurrence and $2,000,000 aggregate.
(E) Worker's compensation insurance. If requested by the project owner, the contractor shall procure and shall maintain during the life of his or her contract, worker's compensation insurance, including employer's liability, in an amount not less than $500,000 for employer's liability and a statutory rate for compensation.
(F) Indemnification clause. The contractor shall indemnify, defend, and save harmless the village and the Engineer, their elected officials, officers, owners, consultants, agents, and employees, from and against all loss or expense (including costs and attorney fees) by reason of liability imposed by law upon the village and the Engineer, their elected officials, officers, owners, consultants, agents, and employees for damages because of bodily injury; including death at any time resulting therefrom, sustained by any person or persons or on account of damage to property, including loss of use thereof, arising out of or in consequence of the performance of this work, whether such injuries to persons or damage to property is due, or claimed to be due, to the negligence of the contractor, his or her subcontractors, the village, the Engineer, and their elected officials, officers, owners, consultants, agents, and employees, except only as such injury or damage shall have been occasioned by the sole negligence of the village, or their elected officials, officers, owners, agents, employees, or consultants.
(G) Proof of coverage of insurance. The contractor shall provide the village certificates of insurance for the required coverage. A guarantee that 30 days notice to the village prior to cancellation or non-renewal of or change in any such insurance shall be endorsed on each policy and certificate of insurance.
(H) Additional insured. All insurance policies with the exception of Worker's Compensation, are to include the following additional insured:
(1) Village of Lake Orion: all elected officials, officers, owners, consultants, agents, and employees.
(2) The Village Engineer: their owners, officers, consultants, owners, agents, and employees.
(I) Sample forms may be obtained from the village or Village Engineer.
(J) The village to be listed as the certificate holder.
(Ord. 31.26, passed 5-13-13)