COM 0660.000 2020-2022 - Laserfiche WebLink

Home

3 t i Products/Completed Operations Aggregate, and $1,000,000 Personal and Advertising Injury; (C) Umbrella or Excess Liability Insurance policy with minimum limits of [$10,000,000 (each occurrence) and $10,000,000 (aggregate)l; (D) comprehensive automobile liability insurance policy, naming the County and its officials and employees as additional insureds, with limits of not less than $1,000,000 for bodily injury and property damage, in combined or equivalent split limits, for each sing?e accident; (E) workers compensation (statutory limits) and employers' liability insurance (with minimum limits of $1,000,000 for Each Accident; $1,000,000 By Disease — Each Employee; and $1,000,000 By Disease — Policy Limit); (F) Professional Liability Insurance (Errors and Omissions Insurance), which may be on a claims-made basis if coverage retroactive to commencement of Work, with minimum coverages of$1,000,000 Each Loss/$2,000,000 Policy Aggregate Limit of Insurance; and (G) Contractor's Pollution Liability (CPL) insurance, naming the County and its officials and employees as additional insureds, covering the Work on an occurrence basis with a limit not less than $5,000,000. All policies of insurance providing such coverages shall be issued by an insurer or insurers licensed to provide such coverages in the State of Hawaii and having an AM Best rating of A- or better; except that workers compensation insurance may be provided by an insurer that is not rated by AM Best, provided that the insurer is domiciled in the State of Hawaii, is certified or authorized as a workers compensation insurer by the appropriate agency of such State has been accepted to provide workers compensation insurance for similar projects by the State within the last 12 months. Additional details regarding policy requirements may be obtained upon-request to DEM. (viii) Not later than three (3) business days after the Notice to Proceed is given pursuant to Subsection (b)(i) below, and in any event prior to the commencement of the Work, the Developer shall provide or cause the Contractor to provide to DEM copies of the payment and performance bonds required under Subsection (a)(v) above and all insurance policies (or certificates of insurance with respect thereto) required under Subsection (a)(vii) above. In addition, not later than three (3) business days after the Substantial Completion date under Subsection (b)(ii) below, the Developer shall provide or cause the Contractor to provide to DEM a copy of the maintenance, bond required under Subsection(a)(vi) above. (b) The Developer represents and agrees to construct or direct the construction of the Improvements in accordance with the following: (i) The Developer shall issue its notice to proceed with the Work (the "Notice to Proceed") to the Contractor not later than five (5) business days after the adoption by the Council of the initial Series Resolution pursuant to Section 4 hereof At or prior to the time of issuance of the Notice to Proceed, the Developer shall (A) obtain all governmental permits and approvals required for the construction of the Improvements and provide satisfactory evidence to DEM with respect thereto, and (B) provide to DEM the then-current construction schedule for the Improvements (subject to revision as hereinafter provided,the "Project Construction Schedule"). 8