[Ord. 918, 6/19/2002]
Each applicant, upon the receipt of a permit, shall provide
the Borough with an acceptable certificate of insurance indicating
that he is insured against claims for damages which may arise from
or out of the performance of the work, whether such performance be
by himself, his subcontractor, or anyone directly or indirectly employed
by him. Such insurance shall cover collapse, explosive hazards, and
underground work by equipment on the street, and shall include protection
against liability arising from completed operations. The amount of
the insurance shall be prescribed by the Borough Manager in accordance
with the nature of the risk involved; provided, however, that the
liability insurance for bodily injury in effect shall not be in an
amount less than $500,000 for all accidents. Public utilities and
authorities may be relieved of the obligation of submitting such a
certificate if they are insured in accordance with all the requirements
of this Part.
