Laserfiche WebLink
EXI-IIBIT 2 <br />INSURANCE REQUIREMENTS <br />MEMORANDUM OF UNDERSTANDING <br />CITY OF SAN LEANDRO <br />Before beginning any work under this Agreement, SLTMO, at its own cost and expense, unless <br />otherwise specified below, shall procure the types and amounts of insurance listed below against <br />claims for injuries to persons or damages to property that may arise from or in connection with the <br />performance of the work hereunder by the SLTMO and its agents, representatives, employees, and <br />subcontractors. Consistent with the following provisions, SLTMO shall provide proof satisfactory to <br />City and Agency of such insurance that meets the requirements of this section and under forms of <br />insurance satisfactory in all respects to the City and Agency. SLTMO shall maintain the insurance <br />policies required by this section throughout the term of this Agreement. SLTMO shall not allow any <br />subcontractor to commence work on any subcontract until SLTMO has obtained all insurance <br />required herein for the subcontractor(s) and provided evidence thereof to City and Agency. <br />Verification of the required insurance shall be submitted and made part of this Agreement prior to <br />execution. <br />1.1 Workers' Compensation. SLTMO shall, at its sole cost and expense, maintain <br />Statutory Workers' Compensation Insurance and Employer's Liability Insurance for <br />any and all persons employed directly or indirectly by SLTMO. The Statutory <br />Workers' Compensation Insurance and Employer's Liability Insurance shall be <br />provided with limits of not less than ONE MILLION DOLLARS ($1,000,000.00) per <br />accident. In the alternative, SLTMO may rely on aself-insurance program to meet <br />those requirements, but only if the program ofself-insurance complies fully with the <br />provisions of the California Labor Code. Determination ofwhether aself-insurance <br />program meets the standards of the Labor Code shall be solely in the discretion of the <br />City. The insurer, if insurance is provided, or the SLTMO, if a program of self- <br />insurance is provided, shall waive all rights of subrogation against the City, that <br />Agency, and their respective officers, officials, employees, and volunteers for loss <br />arising from work performed under this Agreement. <br />1.2 Commercial General and Automobile Liability Insurance. <br />1.2.1 General requirements. SLTMO, at its own cost and expense, shall maintain <br />commercial general and automobile liability insurance for the term of this <br />Agreement in an amount not less than ONE MILLION DOLLARS <br />($1,000,000.00) per occurrence, combined single limit coverage for risks <br />associated with the work contemplated by this Agreement. If a Commercial <br />General Liability Insurance or an Automobile Liability form or other form <br />with a general aggregate limit is used, either the general aggregate limit shall <br />apply separately to the work to be performed under this Agreement or the <br />general aggregate limit shall be at least twice the required occurrence limit. <br />Such coverage shall include but shall not be limited to, protection against <br />claims arising from bodily and personal injury, including death resulting <br />