Subcontractor Insurance Requirements
The subcontractor shall maintain during the progress of the Work, and if required to return during the warranty period, insurance with the minimum limits and coverage’s as shown below or, if higher, the requirements set forth in the Contract Documents:
A. WORKERS COMPENSATION including Occupational Disease insurance meeting the statutory requirements of the State in which work is to be performed together with a Broad Form All States Endorsement and containing Employers’ Liability Insurance in an amount of at least $500,000. Waiver of Subrogation required in favor of DeLauter Development.
B. COMMERCIAL GENERAL LIABILITY insurance providing limits of $1,000,000 each occurrence, and $2,000,000 aggregate.
The policy must include DeLauter Development, the Owner, the Architect and others if required in the Contract Documents as ADDITIONAL INSUREDS using Form CG2010 11/85 or an equivalent on a primary and non-contributory basis and must provide Premises-Operations, Elevators, Independent Contractors, Broad Form, Property Damage, Contractual Liability, Products & Completed Operations coverage (which shall be maintained in force for a period of two (2) years after substantial completion of the project or for such longer period of time as is described in the Contract Documents). XCU Exclusions must be deleted when applicable to operations performed by the Subcontractor. Per Project Aggregate must apply. Waiver of Subrogation required in favor of DeLauter Development
C. COMPREHENSIVE AUTOMOBILE LIABILITY subcontractor will maintain coverage of at least $1,000,000 per occurrence and $2,000,000 aggregate, covering all vehicles owned, used, or hired by Subcontractor.
D. UMBRELLA LIABILITY on an “occurrence” basis with the same Additional Insured as General Liability policy. Policy should be “Following Form” in coverage. $2,000,000 per Occurrence limit with $1,000,000 Aggregate limit.
E. A certificate of insurance on approved form must be delivered to DeLauter Development and must state coverage will not be altered, cancelled, or allowed to expire without thirty (30) days' written notice by registered Mail to DeLauter Development.
F. Property Insurance, it is agreed that the Subcontractor shall purchase and maintain property insurance for material and equipment used and left at the jobsite. Waiver of Subrogation; Subcontractor waives all rights of subrogation against Contractor and Owner for loss of, or damage to Subcontractor’s work, tools, machinery, equipment, materials or supplies.
G. Equivalent Insurance coverage must be obtained from each of your Subcontractors or Suppliers, if any, before permitting them on site of the project. Otherwise, their protection must be included within your insurance policies.
H. It is understood and agreed that the insurance coverage’s and limits, required above, shall not limit the extent of the Subcontractors responsibilities and liabilities specified within the Contract Documents or by law.
I. It is understood and agreed authorization is hereby granted to DeLauter Development to withhold payments to the Subcontractor until a properly executed Certificate of Insurance providing insurance as required herein accompanied by a signed subcontract or purchase order are received by DeLauter Development
Additional Insured Requirements:
Endorsements to the Certificate of Insurance shall include as named as additional independent insured:
1. DeLauter Development, Inc. General Contractor
2. Owner