NYC 9/11 Public Portal Document
SUPPLY and SERVICE CONTRACT Page 6 of 7
GENERAL CONDITIONS
INSURANCE
The policy shall contain the following endorsement:
a. "This policy insures against loss or damage only on work
done under Contract with the New York City Department of
Environmental Protection, which is susceptible to damage or
loss."
b. The policy will not be terminated or modified without 30 days
prior written notice to the Department's CONTRACT
MANAGEMENT OFFICE.
c. Any exclusion for faulty materials, workmanship, or design
shall not exclude loss or damage arising as a consequence
of faulty workmanship, materials, or design.
The policy shall be stamped PAID, or receipted bills of payment of
premium shall be delivered with the policy. If the premium is to be paid in
installments, a copy of the installment schedule shall be furnished to the
Department's CONTRACT MANAGEMENT OFFICE together with proof that the
first installment has been paid prior to purchasing any materials or
equipment.
If the insurance policy is that of mutual company, it shall contain the
following: "The City of New York shall not be liable for any premium or
assessment under this policy of insurance. The Contractor who has
entered into the contract referred to in this policy with the City of New York
is solely liable."
III. Protection of City Property
A. During the performance and up to the date of final acceptance, the
Contractor must take all reasonable precautions to protect the property of
the City of New York from loss, damage, or destruction resulting from its
subcontractor's operations under this contract.
B. If City property is lost, damaged, or destroyed as result of the operations
of the Contractor or its subcontractors in the performance of this contract,
or from Contractor's or subcontractor's failure to comply with any of the
provisions of this contract, or by law, the Contractor shall indemnify and
hold the City harmless from any and all costs and expense which the City
may be subjected to which it may suffer or incur by reason thereof.
IV. Duration of Insurance
DEP SUPPLY & SERVICE INSURANCE PROVISIONS: March 13, 2000
NYC-WTC 000108843
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