POLICIES AND PROCEDURES
Tenant Requirements – Please refer to your lease agreement for required coverage and obligations.
Contractor Requirements – Contractor shall furnish Owner with a Certificate of Insurance showing current policies of insurance in effect for (a) Commercial General Liability and, if necessary, Commercial Umbrella Insurance with a limit not less than $2,000,000 each occurrence; and (b) contractual liability coverage sufficient to cover Contractor’s indemnity obligations.
Such certificate shall name Owner and Schostak Brothers & Company, Inc., Managing Agent, as additional insureds and provide primary coverage for all covered claims. In addition, the Certificate shall show current primary policies of insurance in effect for automobile liability and Workers’ Compensation and shall provide for thirty days written notice of cancellation or nonrenewal to Owner. Contractor shall furnish such Certificate(s) of Insurance to Owner prior to performing any work under this contract and shall keep the policies in force at all times during the term of this contract.