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ALDRIDGE ELECTRIC, INC. (5)
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Last modified
5/11/2026 1:35:04 PM
Creation date
5/11/2026 1:34:33 PM
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Contracts
Company Name
ALDRIDGE ELECTRIC, INC.
Contract #
A-2026-045
Agency
Public Works
Council Approval Date
4/21/2026
Expiration Date
12/31/2026
Insurance Exp Date
3/31/2027
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CNA <br /> CMA PARAMOUNT <br /> Contractors' General Liability Extension Endorsement <br /> 24. UNINTENTIONAL FAILURE TO DISCLOSE HAZARDS <br /> If the Named Insured unintentionally fails to disclose all existing hazards at the inception date of the Named <br /> insured's Coverage Part, the Insurer will not deny coverage under this Coverage Part because of such failure. <br /> 25. WAIVER OF SUBROGATION -BLANKET <br /> Under CONDITIONS, the condition entitled Transfer Of Rights Of Recovery Against Others To Us is amended to add <br /> the following: <br /> The Insurer waives any right of recovery the Insurer may have against any person or organization because of <br /> payments the insurer makes for injury or damage arising out of: <br /> 1. the Named Insured's ongoing operations; or <br /> 2. your work included in the products-completed operations hazard. <br /> However, this waiver applies only when the Named Insured has agreed in writing to waive such rights of recovery in <br /> a written contract or written agreement, and only if such contract or agreement: <br /> 1. is in effect or becomes effective during the term of this Coverage Part; and <br /> 2, was executed prior to the bodily injury, property damage or personal and advertising injury giving rise to the <br /> claim. <br /> 26. WRAP-UP EXTENSION: OCIP, CCIP, OR CONSOLIDATED (WRAP-UP) INSURANCE PROGRAMS <br /> Note: The following provision does not apply to any public construction project in the state of Oklahoma, nor to any <br /> construction project in the state of Alaska, that is not permitted to be insured under a consolidated (wrap-up) <br /> insurance program by applicable state statute or regulation. <br /> If the endorsement EXCLUSION — CONSTRUCTION WRAP-UP is attached to this policy, or another exclusionary <br /> endorsement pertaining to Owner Controlled Insurance Programs (O,C.I.P.) or Contractor Controlled Insurance <br /> Programs(C.C.I.P.)is attached, then the following changes apply: <br /> A. The following wording is added to the above-referenced endorsement: <br /> With respect to a consolidated (wrap-up) insurance program project in which the Named Insured is or was <br /> involved, this exclusion does not apply to those sums the Named Insured become legally obligated to pay as <br /> damages because of: <br /> 1. Bodily injury, property damage, or personal or advertising injury that occurs during the Named <br /> Insured's ongoing operations at the project, or during such operations of anyone acting on the Named <br /> Insured's behalf; nor <br /> 2. Bodily injury or property damage included within the products-completed operations hazard that arises <br /> out of those portions of the project that are not residential structures. <br /> B. Condition 4.Other Insurance is amended to add the following subparagraph 4.b.(1)(c): <br /> This insurance is excess over: <br /> (c) Any of the other insurance whether primary, excess, contingent or any other basis that is insurance available <br /> to the Named Insured as a result of the Named Insured being a participant in a consolidated (wrap-up) <br /> insurance program, but only as respects the Named Insured's involvement in that consolidated (wrap-up) <br /> insurance program. <br /> C. DEFINITIONS is amended to add the following definitions: <br /> Consolidated (wrap-up) insurance program means a construction, erection or demolition project for which the <br /> prime contractor/project manager or owner of the construction project has secured general liability insurance <br /> covering some or all of the contractors or subcontractors involved in the project, such as an Owner Controlled <br /> Insurance Program (O.C.I.P.) or Contractor Controlled Insurance Program (C.C.I.P.). <br /> Residential structure means any structure where 30% or more of the square foot area is used or is intended to <br /> be used for human residency,including but not limited to: <br /> CNA74705XX(1-15) Policy No: 7017964076 <br /> Page 15 of 16 Endorsement No: <br /> CONTINENTAL CASUALTY COMPANY Effective Date: 03/31/2025 <br /> Insured Name: ALDRIDGE ELECTRIC, INC. <br /> Copyright CNA All Rights Reserved. includes copyrighted material of Insurance Services Office,fnc.,with its permission. <br />
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