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2021-185-E AMS-OTIS Elevator Company construction agreement
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2021-185-E AMS-OTIS Elevator Company construction agreement
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Last modified
5/12/2021 2:31:41 PM
Creation date
5/12/2021 2:30:37 PM
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Contract
Date
3/18/2021
Contract Starting Date
3/18/2021
Contract Ending Date
3/31/2021
Contract Document Type
Contract
Amount
$70,020.00
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DocuSign Envelope ID: E2377815-D922-4567-91C8-D342867F1906 <br /> 6. INSURANCE AND BONDS <br /> a. Contractor will obtain insurance and supply an insurance certificate evidencing the insurance <br /> carried by us which is conditioned on the understanding that it represents full compliance <br /> with all insurance requirements applying to us on this project. Contractor does not provide <br /> copies of its insurance policies, certified or otherwise, waiver our or our insurers' rights of <br /> subrogation nor name parties as additional insured. Coverage will be on an occurrence basis <br /> and in accordance with the coverage limits outlined in the contract documents. Renewal <br /> certificates will be provided during the term of the contract. In lieu of Commercial General <br /> Liability and naming parties as additional insured, such parties shall be named insured on an <br /> Owner's and Contractor's Protective (OCP) Liability policy with a limit of$2,000,000. <br /> b. If the project is covered by an Owner/Contractor Controlled Insurance Program <br /> (OCIP/CCIP), and if Contractor agrees to participate it shall be at no to Contractor and <br /> subject to its review and acceptance of the proposed program. Contractor does not allow <br /> credits, deducts, or the reduction of its goods and services in exchange for the participation <br /> in an OCIP/CLIP program. The OCP obligation is waived and any obligation of Contractor <br /> to name others as Additional Insured shall be for offsite operations only. Liability policies, <br /> Dec Pages, and all rating information have been deemed proprietary. As such, this <br /> information will not be shared under and circumstance. <br /> c. Owner shall maintain"Builder Risk"insurance upon the full value of our Work and material <br /> delivered to the job site, at no cost to Contractor. <br /> 7. INDEMNITY <br /> a. Contractor agrees to indemnify Owner and its agents and employees for any claims, <br /> damages, losses and expenses, including attorney's fees, due to personal injury, or property <br /> damage to the extent caused by Contractor negligent or wrongful acts or omissions, or the <br /> negligent or wrongful acts or omissions of Contractor employees, agents and <br /> subcontractors subcontractors during the performance of this contract, but not to the extent <br /> caused by others. Each party shall defend itself in the event of a lawsuit. 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 <br /> the Contractor or any subcontractor under workers' compensation acts, disability benefits <br /> acts, or other employee benefits acts. <br /> b. In the event any lien is filed against Owner's property, Contractor shall, at <br /> Contractor's expense, defend Owner against all such claims of lien. <br /> c. Upon completion of the Work the Contractor shall execute an affidavit stating there are no <br /> unpaid debts for any work that has been done or materials that have been furnished to the <br /> project prior to and as of the date of substantial completion and further stating that <br /> Contractor shall indemnify, save and protect Owner and Owner's lender, if any, harmless <br /> from and against any and all claims, liabilities, losses, damages, causes of action, and <br /> expenses (including court costs and reasonable attorney's fees related thereto) arising out <br /> of, in connection with, or resulting from any such debts and liens. Such indemnification <br /> shall be in a form and substance acceptable to Owner. <br /> 8. DISPUTE RESOLUTION AND GOVERNING LAW <br /> a. Any dispute with respect to any provision of, or the performance or non-performance of, this <br /> Agreement shall be subject to the Dispute Resolution Rules and Procedures for Orange <br /> County Design, Building Construction, Renovation, and Repair Projects. The policy is <br /> Revised 12/18 4 <br />
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