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SABP, INC.
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Last modified
5/3/2024 11:55:56 AM
Creation date
5/3/2024 11:37:40 AM
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Contracts
Company Name
SABP, INC.
Contract #
N-2024-150
Agency
Public Works
Expiration Date
10/2/2024
Insurance Exp Date
5/20/2025
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COMMERCIAL GENERAL LIABILITY <br />CG 88 70 12 08 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />CONSTRUCTION PROJECT(S) - GENERAL AGGREGATE LIMIT <br />(PER PROJECT) <br />This endorsement modifies Insurance provided under the following: <br />COMMERCIAL GENERAL LIABILITY COVERAGE PART <br />A. For all sums which the insured becomes legally obligated to pay as damages caused by "occurrences" <br />under Section I - Coverage A - Bodily Injury And Property Damage Liability, and for all medical ex- <br />penses caused by accidents under Section I - Coverage C Medical Payments, which can be attributed <br />only to ongoing operations at a single construction project away from premises owned by or rented to <br />you: <br />1. A separate Construction Project General Aggregate Limit applies to each construction project, and <br />that limit is equal to the amount of the General Aggregate Limit shown in the Declarations . <br />2. The Construction Project General Aggregate Limit is the most we will pay for the sum of all <br />damages under Coverage A, except damages because of "bodily injury" or "property damage" <br />Included in the "products -completed operations hazard", and for medical expenses under Cov- <br />erage C regardless of the number of. <br />a. Insureds; <br />b. Claims made or "suits" brought; or <br />c. Persons or organizations making claims or bringing "suits". <br />3. Any payments made under Coverage A for damages or under Coverage C for medical expenses <br />shall reduce the Construction Project General Aggregate Limit for that construction project. Such <br />payments shall not reduce the General Aggregate Limit shown In the Declarations nor shall they <br />reduce any other Construction Project General Aggregate Limit for any other construction project. <br />4. The limits shown In the Declarations for Each Occurrence, Fire Damage and Medical Expense <br />continue to apply. However, Instead of being subject to the General Aggregate Limit shown in the <br />Declarations, such limits will be subject to the applicable Construction Project General Aggregate <br />Limit, <br />B. For all sums which the insured becomes legally obligated to pay as damages caused by "occurrences" <br />under Section I - Coverage A - Bodily Injury And Property Damage Liability, and for all medical ex- <br />penses caused by accidents under Section I - Coverage C Medical Payments, which cannot be attrib- <br />uted only to ongoing operations at a single construction project away from premises owned by or <br />rented to you: <br />1. Any payments made under Coverage A for damages or under Coverage C for medical expenses <br />shall reduce the amount available under the General Aggregate Limit or the Products -Completed <br />Operations Aggregate Limit, whichever is applicable; and <br />2. Such payments shall not reduce any Construction Project General Aggregate Limit. <br />C. When coverage for liability arising out of the "products -completed operations hazard" is provided, any <br />payments for damages because of "bodily Injury" or 'property damage" included in the "products. <br />completed operations hazard" will reduce the Products -Completed Operations Aggregate Limit, and not <br />reduce the General Aggregate Limit nor the Construction Project General Aggregate Limit. <br />D. If the applicable construction project has been abandoned, delayed, or abandoned and then restarted, <br />or if the authorized contracting parties deviate from plans, blueprints, designs, specifications or <br />timetables, the project will still be deemed to be the same construction project. <br />E. The provisions of Section III - Limits Of Insurance not otherwise modified by this endorsement shall <br />continue to apply. <br />CG 88 70 12 08 Includes copyrighted material of 180 Properties, Inc., with Its permission. <br />;. <br />Risk MMMpne Ettvielcn <br />Rt ntweo 6 MPRov®Bv: <br />R,.jj:r Acweafo <br />®' <br />Ruk Management Specialist <br />
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