Errors and Omissions Liability Insurance

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Item Information

ID
G2002C
Effective Date
2018-06-21
SACC Manual item status
Active
Parent Section
Insurance
SACC Item usage
Full text

Revision History

Date Status ID Title
2018-06-21 Active G2002C Errors and Omissions Liability Insurance (2018-06-21) G2002C
2008-05-12 Superseded G2002C ARCHIVED: Errors and Omissions Liability Insurance (2008-05-12) G2002C

Remarks – Recommended Use of SACC Item

Use the following clause in professional services contracts, for example: consulting, design, training, educational, management, architectural, engineering, research & development.

Use this clause in conjunction with G2001C.

If the professional services are medical in nature or related to healthcare, use clause G2004C.

Contracting officers must consult PWGSC Risk Management Advisory Services, at: NCR.RMIAS-SCGRA@pwgsc.gc.ca if the suggested limit of $1,000,000 per accident or occurrence is not considered adequate as alternate limits may be established.

Legal text for SACC item

  1. The Contractor must obtain Errors and Omissions Liability (a.k.a. Professional Liability) insurance, and maintain it in force throughout the duration of the Contract, in an amount usual for a contract of this nature but for not less than $1,000,000 per loss and in the annual aggregate, inclusive of defence costs.
  2. If the policy is written on a claims-made basis, coverage must be in place for a period of at least 12 months after the completion or termination of the Contract.
  3. The following endorsement must be included:
    Notice of Cancellation: The Contractor will provide the Contracting Authority thirty (30) days prior written notice of policy cancellation or any changes to the insurance policy.
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