(A) (1) The contractor shall at all times during the contract maintain in full force and effect employer’s liability, worker’s compensation, public liability and property damage insurance, including contractual liability coverage for the provisions of § 17-207 of this chapter.
(2) All insurance shall be by insurers and for policy limits acceptable to the city and before commencement of work hereunder the contractor agrees to furnish the city certificates of insurance or other evidence satisfactory to the city to the effect that such insurance has been procured and is in force.
(3) The certificates shall contain the following express obligation: “This is to certify that the policies of insurance described herein have been issued to the insured for whom this certificate is executed and are in force at this time. In the event of cancellation or material change in a policy affecting the certificate holder, 30 days’ prior written notice will be given the certificate holder.”
(B) (1) For the purpose of this contract, the contractor shall carry the following types of insurance in at least the limits specified below:
Coverages | Limits of Liability |
Coverages | Limits of Liability |
Automobile bodily injury liability | $500,000 each occurrence and $1,000,000 aggregate |
Automobile property damage liability | $500,000 each occurrence |
Bodily injury liability except automobile | $500,000 each occurrence and $1,000,000 aggregate |
Employer’s liability | $500,000 |
Excess umbrella liability | $5,000,000 each occurrence |
Property damage liability, except automobile | $500,000 each occurrence and $500,000 aggregate |
Worker’s compensation | Statutory |
(2) As an alternative to the above, contractor may insure the above public liability and property coverages under a plan of self-insurance. Each insurance policy with respect to public liability insurance may provide for a self-insured retention of an amount of $250,000, with the result that the contractor is its own insurer to that extent. The coverages may be provided by the contractor’s parent corporation.
(2011 Code, § 17-209)