Insurance Requirements
The Contractor shall obtain and pay for the following insurance prior to commencing supply to us:
I. Comprehensive general liability insurance in forms and with Insurers satisfactory to us, such approval not to be unreasonably withheld, with a coverage limit not less than five million dollars ($5,000,000) inclusive limit for any one occurrence, on any contract (the “Contractor’s Liability Insurance”); and
II. Owned Automobile Liability Insurance. (collectively the “Contractor’s Insurance”)
· Unless waived by notice in writing given by us to the Contractor before the Contractor commences supply, the Contractor shall ensure that the Contractor’s Liability Insurance contains the following provisions:
. we shall be named as an Additional Insured to the Contractor’s Liability Insurance policy;
I. The Contractor’s employees, agents and sub-contractors shall be named as Additional Insureds to the Contractor’s Liability Insurance policy;
II. The Contractor’s Liability Insurance shall not be cancelled or materially changed without us first being provided with thirty (30) days’ written notice;
III. A waiver of subrogation against us;
IV. A cross-liability clause;
V. Products and completed operations extension;
VI. Non-owned Automobile Liability;
VII. A “drift” coverage extension, if the Contractor is to, in the course of supply to us, use any product that involves outdoor spraying;
VIII. We shall be provided, by the Contractor’s Liability Insurance provider, with a notice in the event of any policy’s reduction in insurance coverage and/or cancellation.
· The Contractor shall not take any steps to supply any goods or services to us until the Contractor has first provided us with such written proof as we may reasonably require that the Contractor has obtained and paid for Contractor’s Insurance.
· The Contractor shall maintain Contractor’s Insurance for the duration of any supply contracts between us and the Contractor, including any extension thereof.
· The Contractor shall, within three (3) business days after receiving our written request, provide us with such written proof as we may reasonably require, that the Contractor has current Contractor’s Insurance.
· The Contractor shall immediately notify us in writing if Contractor’s Insurance is cancelled or materially changed.
· If for any reason the Contractor’s coverage under the Contractor’s Insurance lapses, or the Contractor fails to provide us with written proof of insurance, we may, at our absolute discretion, immediately terminate any supply contracts we may have with the Contractor.
WCB requirements?
The Contractor shall submit, with their offer, a clearance letter from the provincial Compensation Board for Workers (WCB, WSIB, CSST), stating that the Contractor has an account in good standing with the province’s Compensation Board for Workers; the Contractor must hold such accounts in all Provinces that the Contractor provides service to us. This letter will be in the name and account number of the Contractor who has offered to provide services and supplies under this agreement. The account must include personal coverage for, inter alia, all partners, proprietors or directors of the firm, company or corporation who are present, or may have cause to be present, at the work site. The Contractor shall ensure compliance by both the Contractor itself and sub-contractors with the requirements of the provinces Workers’ Compensation Legislation and all applicable rules and regulations thereunder, throughout the term of the Agreement. We reserve the right to request a clearance letter at any time. Should the Contractor’s provincial Compensation Board for Workers (WCB,WSIB, CSST) account not be in good standing at the time of payment, we reserve the right to hold back full payment until such time as clearance is received, or hold back the amount of the arrears so that payment may be made to the provincial Compensation Board for Workers (WCB, WSIB, CSST) on the Contractor’s behalf, where such liability exists.