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2024-040-E-AMS- Harris Bros Electric - Install 4 EVC's 3rd level of ERPD
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2024-040-E-AMS- Harris Bros Electric - Install 4 EVC's 3rd level of ERPD
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Last modified
1/25/2024 2:39:57 PM
Creation date
1/25/2024 2:39:30 PM
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Contract
Date
1/19/2024
Contract Starting Date
1/19/2024
Contract Ending Date
1/23/2024
Contract Document Type
Contract
Amount
$12,341.00
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13 <br /> <br />reduce the General Aggregate Limit or the Construc- <br />tion Project Aggregate Limit. <br />4. If the applicable construction project has been aban- <br />doned, delayed, or abandoned and then restarted, or if <br />the authorized contracting parties deviate from plans, <br />blueprints, designs, specifications, or timetables, the <br />project will still be deemed to be the same construc- <br />tion project. <br />B. Voluntary Property Damage <br />Under Section I – Coverages - Coverage A - Bodily In- <br />jury And Property Damage Liability – Insuring <br />Agreement of the Commercial General Liability Cover- <br />age Form, the following is added: <br />1. Insuring Agreement <br />We will pay those sums that the insured becomes le- <br />gally obligated to pay as damages because of unin- <br />tentional damage to property of others: <br />a. Caused by the insured or while the property is in <br />the possession of the insured; and <br />b. Arising out of your operations described in the <br />Declarations and covered by this policy. <br />This insurance applies to "property damage" only if: <br />a. The "property damage" is caused by an "occur- <br />rence" that takes place in the "coverage territo- <br />ry"; and <br />b. The "property damage" occurs during the policy <br />period. <br />Damage does not include disappearance, abstraction, <br />or loss of use. <br />2. Under Section I – Coverages - Coverage A - Bodily <br />Injury And Property Damage Liability - Exclu- <br />sions, Paragraphs 2.j.3), 2.j.4), and 2.j.5) of the <br />Commercial General Liability Coverage Form are de- <br />leted, but only for this coverage. <br />3. Section III - Limits Of Insurance of the Commer- <br />cial General Liability Coverage Form is deleted and <br />replaced by the following, but only for this coverage: <br />a. The Limits of Insurance for this coverage and the <br />rules below fix the most we will pay regardless <br />of the number of: <br />1) Insureds; <br />2) Claims made or "suits" brought, or <br />3) Persons or organizations making claims or <br />bringing "suits". <br />b. The $25,000 Occurrence Limit for this coverage <br />is the most we will pay for the sum of all damag- <br />es arising out of damage to property of one or <br />more persons or organizations as a result of any <br />one "occurrence". <br />c. The $50,000 Aggregate Limit for this coverage <br />is the most we will pay for all damages as a re- <br />sult of all "occurrences" which take place during <br />a policy period. <br />d. The deductible amount of $500 applies to all <br />"property damages" sustained by any one person <br />or organization as the result of any one "occur- <br />rence". <br />We may pay any part of, or all, of the deductible <br />amount to effect settlement of any claim or "suit" <br />and, upon notification of the action taken; you shall <br />promptly reimburse us for such part of the deductible <br />amount as has been paid by us. <br />4. Under Section IV - Commercial General Liability <br />Conditions - Other Insurance, Paragraph 4. is de- <br />leted and replaced by the following, but only for this <br />coverage. <br /> Other Insurance <br />If any other valid and collectible insurance carried by <br />you or others applies to a loss covered by this Volun- <br />tary Property Damage Coverage, this insurance shall <br />apply only as excess insurance over the other valid <br />and collectible insurance. <br />5. The following condition is added to Section IV - <br />Commercial General Liability Conditions of the <br />Commercial General Liability Coverage Form: <br />Labor And Materials <br />If damage occurs, you shall, if requested by us, re- <br />place the property or furnish the labor and materials <br />necessary for repairs, at actual cost to you, excluding <br />prospective profit, or overhead charges of any nature. <br /> <br /> <br /> <br /> <br /> <br /> <br />DocuSign Envelope ID: E6637551-8B99-40C0-80BF-5A6D58F8B34A
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