Orange County NC Website
� 011 <br /> I ' <br /> types of insurance shall be maintained continuously during the life of the Project until Einal <br /> Completion of the Work. Coverages shall be maintained continuously during the life of the ; ' <br /> Project until Final Completion of the Work for the following types of insurance in the amounts � <br /> listed: � <br /> i. Worker's Compensation Insurance vvith limits for Coverage A Statutory - State of ' <br /> North Cazolina and Ccaverage B Employers Liability $500,000 each accident and <br /> policy limit and disease each employee. <br /> ii. Comprehensive General Liability and Property Darnage Insurance ($500,000 Each ` ' <br /> Occurrence;$1,000,000 Aggregate). <br /> iii. Contractual Liability(Bodily Injury and Property Damage $500,000 Ea.ch Occurrence; � <br /> Property Damage$1,000,000 Aggregate). ' <br /> iv. Personal Injury,with Employment Excbsion deleted($1,U00,000 Aggregate). <br /> v. Comprehensive Automobile Liability Insurar►ce (Bodily Injury $100,000 Each <br /> Person/Each Accident, $300,000 Each Occurrence; Property Damage $100,000 Each <br /> Occurrence). <br /> � <br /> b. Additional Insured — The Owner shall be named as additional insured on all forms of ' <br /> insurance except Worker's Compensation. Each certificate of insurance and policy required ; ' <br /> hereunder, except the worker's compensation policy, shall bear the pmvision that "The policy ' <br /> cannot be canceled or reduced in amount and that covera.ge cannot be eliminated in iess than <br /> thirty (30) days after mailing written notice to tt►e Owner of such alteration, cancellation, or � <br /> elimination,the written notice to be sent by Certified Mail." � <br /> c. Performance Bonds—Contractor shall furnish bonds covering the faithful performance of the <br /> Contract and payment of all obligations arising under any of the Contract Documents or related ' <br /> in any way to the Work. Contractor shall immediately furnish a copy of such bonds to any <br /> requesting person who appears to be a potential beneficiary of bonds covering payment ' <br /> obligations arising under any of the Contract Documents. This subsection 6(c)applies only to <br /> Contracts of fifty thousand dollars ($50,000.00) or more where the total cost for the project is ' <br /> three hundred thousand doliars($300,000.00)or more. ', <br /> 7. INDEMNITY <br /> a. The Contractor shall indemnify and hold harmless to the extent permitted by law the Owner <br /> and its agents and employees from and against any and all claims, damages, losses and ' <br /> expenses, including attorney's fees, arising out of or resulting from the performance or <br /> nonperformance of the Work, provided that any such claim, damages, loss or expense (A) is ' <br /> attributable to bodily injury, sickness, disease or death or injury to,or destruction of,property, ' <br /> including the loss of use resulting therefrom; and (B) is caused in whole or in part by any <br /> breach of any provision of the Agreement or by any negligent or wrongful act or omission of ' <br /> the Contractor, any Subcontractor, or supplier of the Contractor, anyone directly or indirectly ' <br /> employed by any of them or anyone for whose acts any of them may be liable. The <br /> indemnification obligation under this paragraph shall not be limited in any way by any ' <br /> limitation of the amount or type of damages, compensation or benefits payable by or for the ' <br /> Contractor or any subcontractor under workers' compensation acts, disability benefits acts or • ' <br /> other employee benefit acts. I <br /> Revised November 2011 . <br />