LAO+Energy+-+Amendment+2+-+02_13_2023_SIGNED.pdf

This document is a Contract Amendment (Amendment Number 2) for Contract #003 - Land Title Services between the State of North Dakota, acting through its State Procurement Office (STATE), and LAO Energy, LLC (CONTRACTOR). The amendment was executed on 2/13/2023 and involves modifications to the existing contract's insurance provisions.

The amendment focuses on updating the insurance requirements, specifically modifying Subsection 1 for commercial general liability with a $2,000,000 per occurrence limit, Subsection 2 for automobile liability with minimum limits of $500,000 per person and $2,000,000 per occurrence, and Subsection 4 which replaces the previous workers' compensation language. The amendment ensures that the contractor maintains appropriate insurance coverage and provides indemnification to the State of North Dakota, while maintaining all other original contract terms and conditions.