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8G Consent 2007 0507
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8G Consent 2007 0507
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Last modified
5/4/2007 11:11:49 AM
Creation date
5/4/2007 9:56:30 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
5/7/2007
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PERM
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_CC Agenda 2007 0507
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0507
Reso 2007-062
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
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<br />b. Insurance must be maintained and evidence of insurance must be <br />provided for at least five years after completion of the Agreement <br />or the work, so long as commercially available at reasonable rates. <br /> <br />c. If coverage is canceled or not renewed and it is not replaced with <br />another claims-made policy form with a retroactive date that <br />precedes the date of this Agreement, Consultant must provide <br />extended reporting coverage for a minimum of five years after <br />completion of the Agreement or the work. The City shall have the <br />right to exercise, at the Consultant's sole cost and expense, any <br />extended reporting provisions of the policy, if the Consultant <br />cancels or does not renew the coverage. <br /> <br />d. A copy of the claim reporting requirements must be submitted to <br />the City prior to the commencement of any work under this <br />Agreement. <br /> <br />4.4 AIJ Policies Requirements. <br /> <br />4.4.] Accevtability of insurers. All insurance required by this section is to be <br />placed with insurers with a Bests' rating of no less than A:VII. <br /> <br />4.4.2 Verification. of covera2e. Prior to beginning any work under this <br />Agreement, Consultant shall furnish City with complete certified copies of <br />all policies, including complete certified copies of all endorsements. All <br />copies of policies and certified endorsements shall show the signature of a <br />person authorized by that insurer to bind coverage on its behalf. <br /> <br />4.4.3 Notice of Reduction in or Cancellation of Covera2e. A certified <br />endorsement shall be attached to all insurance obtained pursuant to this <br />Agreement stating that coverage shall not be suspended, voided, canceled <br />by either party, or reduced in coverage or in limits, except after thirty (30) <br />days' prior written notice by certified mail, return receipt requested, has <br />been given to the City. In the event that any coverage required by this <br />section is reduced, limited, cancelled, or materially affected in any other <br />manner, Consultant shall provide written notice to City at Consultant's <br />earliest possible opportunity and in no case later than ten (10) working <br />days after Consultant is notified of the change in coverage. <br /> <br />4.4.4 Additional insured; vrimary insurance. A certified endorsement at <br />least as broad as Insurance Services Office form number CG 20 10 (11/85 <br />ed.) shall be attached to all policies stating that the City and its officers, <br />employees, agents, and volunteers shall be covered as additional insureds <br />with respect to each of the following: liability arising out of activities <br />performed by or on behalf of Consultant, including the insured's general <br /> <br />Marina Environmental & Regulatory Constraints Assessment <br /> <br />May 7, 2007 <br />Page 6 of 18 <br />
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