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B. The insurance policies required by this Agreement are to contain, or be endorsed to contain,
<br />the following provisions:
<br />1) The Entity, its officers, officials, employees, and volunteers are to be covered as
<br />additional insureds on the CGL policy with respect to liability arising out of work
<br />or operations performed by or on behalf of the Contractor including materials, parts,
<br />or equipment furnished in connection with such work or operations and
<br />automobiles owned, leased, hired, or borrowed by or on behalf of the Contractor.
<br />General liability coverage can be provided in the form of an endorsement to the
<br />Contractor's insurance (at least as broad as ISO Form CG 20 10, CG 11 85 or both
<br />CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 forms if later revisions
<br />used).
<br />2) For any claims related to this project, the Contractor's insurance coverage shall be
<br />rip mary insurance coverage at least as broad as ISO CG 20 0104 13 as respects the
<br />Entity, its officers, officials, employees, and volunteers. Any insurance or self-
<br />insurance maintained by the Entity, its officers, officials, employees, or volunteers
<br />shall be excess of the Contractor's insurance and shall not contribute with it.
<br />3) Each insurance policy required by this clause shall provide that coverage shall not
<br />be canceled, except with notice to the Entity.
<br />C. Builder's Risk (Course of Construction) Insurance - Contractor may submit evidence of
<br />Builder's Risk insurance in the form of Course of Construction coverage. Such coverage
<br />shall name the Entity as a loss payee as their interest may appear.
<br />If the project does not involve new or major reconstruction, at the option of the Entity, an
<br />Installation Floater may be acceptable. For such projects, a Property Installation Floater
<br />shall be obtained that provides for the improvement, remodel, modification, alteration,
<br />conversion or adjustment to existing buildings, structures, processes, machinery and
<br />equipment. The Property Installation Floater shall provide property damage coverage for
<br />any building, structure, machinery or equipment damaged, impaired, broken, or destroyed
<br />during the performance of the Work, including during transit, installation, and testing at
<br />the Entity's site.
<br />D. Claims Made Policies— (If at all possible avoid and require occurrence type CGLpolicies)
<br />- If any coverage required is written on a claims -made coverage form:
<br />1) The retroactive date must be shown, and this date must be before the execution date
<br />of the contract or the beginning of contract work.
<br />2) Insurance must be maintained and evidence of insurance must be provided for at
<br />least five (5) years after completion of contract work.
<br />3) If coverage is cancelled or non -renewed, and not replaced with another claims -
<br />made policy form with a retroactive date prior to the contract effective, or start of
<br />work date, the Contractor must purchase extended reporting period coverage for a
<br />minimum of five (5) years after completion of contract work.
<br />4) A copy of the claims reporting requirements must be submitted to the Entity for
<br />review.
<br />5) If the services involve lead -based paint or asbestos identification/remediation, the
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