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8.1 SR 07-07-2025
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8.1 SR 07-07-2025
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<br />229446v1 <br />4476897.v2 <br />workers’ compensation claims and property damage, bodily and personal injury which may arise <br />from operations under this Contract, whether such operations are by Developer and its general <br />contractor or anyone directly or indirectly employed by either of them. The minimum amounts of <br />insurance shall be as follows: <br />Commercial General Liability (or in combination with an umbrella policy) <br />$2,000,000 Each Occurrence <br /> $2,000,000 Products/Completed Operations Aggregate <br /> $2,000,000 Annual Aggregate <br /> <br />The following coverages shall be included: <br /> <br />Premises and Operations Bodily Injury and Property Damage <br />Personal and Advertising Injury <br />Blanket Contractual Liability <br />Products and Completed Operations Liability <br /> <br />Automobile Liability <br /> $2,000,000 Combined Single Limit – Bodily Injury & Property Damage <br /> Including Owned, Hired & Non-Owned Automobiles <br /> <br /> Workers Compensation <br />Workers’ Compensation insurance in accordance with the statutory requirements of the State <br />of Minnesota, including Employer’s Liability with minimum limits are as follows: <br />• $500,000 – Bodily Injury by Disease per employee <br />• $500,000 – Bodily Injury by Disease aggregate <br />• $500,000 – Bodily Injury by Accident <br /> <br />The Developer’s and general contractor’s insurance must be “Primary and Non-Contributory”. <br /> All insurance policies (or riders) required by this Contract shall be (i) taken out by and <br />maintained with responsible insurance companies organized under the laws of one of the states <br />of the United States and qualified to do business in the State of Minnesota, (ii) shall name the <br />City, its employees and agents as additional insureds (CGL and umbrella only) by endorsement <br />which shall be filed with the City and (iii) shall identify the name of the plat. A copy of the <br />endorsement must be submitted with the certificate of insurance. <br /> Developer’s and general contractor’s policies and Certificate of Insurance shall contain a <br />provision that coverage afforded under the policies shall not be cancelled without at least thirty <br />(30) days’ advanced written notice to the City, or ten (10) days’ notice for non-payment of <br />premium. <br />Page 233 of 309
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