GeneralInsuranceRequirements.doc - GENERAL INSURANCE...

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Appendix D GENERAL INSURANCE REQUIREMENTS The Contractor shall maintain insurance to cover claims which may arise from operations under this Contract, The Contractor shall not commence work under the Contract until they have obtained all the insurance described below and the State of Minnesota has approved such insurance. The Contractor shall maintain such insurance in force and effect throughout the term of the Contract. All coverages and limits shall remain in force and effect throughout the term of the Contract. NOTICE TO THE CONTRACTOR: The failure of the State of Minnesota to obtain a Certificate of Insurance, for the policies required under this Contract or renewals thereof, or failure of the insurance company to notify the State of the cancellation of policies required under this Contract shall not constitute a waiver by the Owner to the Contractor to provide such insurance. The Owner reserves the right to immediately terminate the Contract if the Contractor is not in compliance with the insurance requirements and the Owner retains all rights to pursue any legal remedies against the Contractor. All insurance policies must be open to inspection by the State, and copies of policies must be submitted to the State’s authorized representative upon written request.
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