Subcontractor Agreement (Page 2 of 2) in pdf

and Owner, as Additional Insureds, shall not be less than $1 million dollars Each Occurrence, $2

million General Aggregate (subject to a per project general aggregate provision applicable to the

project), $2 million Products/Completed Operations Aggregate and $1 million Personal and

Advertising Injury limits. Such insurance shall cover liability arising from premises, operations,

independent contractors, products-completed operations, personal and advertising injury, and

liability assumed under an insured contract (including the tort liability of another assumed in a

business contract). There shall be no endorsement or modification of the Commercial General

Liability form arising from pollution, explosion, collapse, underground property damage or work

performed by subcontractors. All coverage shall be placed with an insurance company duly

admitted in the State of South Carolina. All Subcontractor insurance carriers must be “A” rated

by A.M. Best rating service. Coverage shall be afforded to the Additional Insureds whether or

not a claim is in litigation.

The insurance coverage required under paragraph B shall be of sufficient type, scope, and

duration to ensure coverage for ___________________________ or Owner for liability related

to any manifestation date within the applicable statutes of limitation and/or repose which pertain

to any work performed on behalf of the Contractor or Owner in relation to the Project.

Each Certificate of Insurance shall provide that the insurer must give ______________________

at least 30 days’ prior written notice of cancellation and termination of____________________’s

coverage thereunder. Not less than two weeks prior to the expiration, cancellation or termination

of any such policy, the Subcontractor shall supply the _________________________ with a new

and replacement Certificate of Insurance and Additional Insured endorsement as proof of renewal

of said original policy. Said new and replacement endorsements shall be similarly endorsed in

favor of ______________________ and Owner as set forth above.

C. Additionally, and prior to commencement of the Work, the Subcontractor shall

provide ________________ with a Certificate of Insurance showing liability insurance coverage

for the Subcontractor and any employees, agents, or Sub-Subcontractors of the Subcontractor for

any Workers’ Compensation, Employer’s Liability and Automobile Liability. In the event any of

these policies are terminated, Certificates of Insurance showing replacement coverage shall be

provided to _______________________________. Coverages shall be no less than the

following: Workers’ Compensation and Employers’ Liability Insurance: As required by law and

affording thirty (30) days written notice to ______________________ prior to cancellation or

non-renewal, providing coverage of not less than ($500,000 for bodily injury caused by accident

and $500,000 for bodily injury by disease.)

Business Auto Liability Insurance: Written in the amount of not less than $500,000 each

accident.

Job Description:_____________________________________________________________

_____________________________

Signature of Subcontractor

Signature of Contractor

_____________________________

Printed Name & Title

_____________________________

Date

Subcontractor Agreement Page 2