What it does
CG 25 45 12 19 is the Designated Project(s) Products-Completed Operations Aggregate Limit endorsement. It extends the per project concept of CG 25 03 (which covers only ongoing operations) to the products-completed operations aggregate for scheduled projects.
Who needs it
General contractors and subcontractors on large or long-tail projects where owners require completed operations limits that are not shared with the insured's other work.
Key provisions and limits
- Projects are scheduled.
- Works alongside CG 25 03; together they give per project limits for both ongoing and completed operations.
