(70 ILCS 1905/23) (from Ch. 114, par. 383)
Sec. 23.
Contractor's insurance.
Any contract let for the construction, repair, alteration, or
improvement of any building or buildings, the demolition thereof, or
removal of debris resulting therefrom, or any other contract let for any
other type of construction or repair work, shall contain provisions
requiring the contractor or other person, firm or corporation undertaking
such work to give bond in such amount and with such surety, conditioned for
the faithful performance of the contract as the Board of Commissioners may
determine. The Board of Commissioners shall also require such contractor or
other person, firm or corporation to furnish insurance of a character and
amount to be determined by the Board of Commissioners, protecting the
Authority, its Commissioners, officers, agents, and employees, and the
railroads using the terminal and Terminal Facilities, their officers,
agents and employees against any claims for personal injuries (including
death) and property damage that may be asserted because of the doing of the
work.
(Source: Laws 1957, p. 786.)
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