Paragraph 165 InsuranceF1

the undertaker must at all times when carrying out specified work, insure at its own cost for its liability under paragraphs 159 and 160 for the sum of twenty million euros (€20,000,000) for any one incident (or series of connected incidents) and forty million euros (€40,000,000) in total for any incident or series of incidents, related or unrelated, in any 12 month period;

all such policies of insurance must be placed with are placed with an insurance office approved to do business in Germany or the United Kingdom; and

the undertaker must provide the Company with evidence of that such insurance is in place (via a brokers’ confirmation or similar) as may be reasonably requested by the Company from time to time.