Landlord requires all on site vendors / contractors, whether contracted by building management or by the Tenant, to provide us with an original, current certificate of insurance for the building. This certificate must have additional insured language that reads exactly as stated below:
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The certificate should name the following as additional insured’s:
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The following are insurance limitations that are required of our vendors / contractors:
Vendors /contractors will be required to maintain, at all times and at its sole expense, the following insurance. All such insurance shall be written through insurance carriers acceptable to building management and Landlord, and licensed in the state these services are to be performed.
• Worker’s compensation insurance with statutory limits and employer’s liability coverage per the terms of your lease.
• Commercial general liability insurance with limits per the terms of your lease.
• The foregoing insurance shall cover, but not be limited to, the following:
− Premises-Operations
− Products/Completed Operations Hazard
− Contractual Liability
− Broad Form property Damage
− Independent Contractors
− Personal Injury Liability
The liability insurance policy or policies required hereunder shall name building management and Landlord as additional insured’s. Each policy shall be endorsed to provide that a written notice of cancellation, lapse, or change of vendor / contractor’s insurance will be sent to building management and Landlord but vendor / contractor’s insurance carrier per the terms of your lease.
Vendor / contractor agree to provide replacement cost property insurance to cover all equipment and supplies that it owns and brings onto the building.
Vendor / contractor shall hold building management and Landlord free and harmless from and against any and all liability to vendor / contractor or third parties resulting from the loss of, or damage to, property or equipment owned or rented by vendor / contractor which is used, or contemplated for use, by vendor / contractor in the performance of the work, including liability caused in part, but not exclusively, by the negligence of building management or Landlord, but excluding liability for any loss or damage to such property or equipment caused exclusively by building management’s or Landlord’s negligence.
