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4.2.3 Additional requirements. Each of the following shall be included in the <br /> insurance coverage or added as a certified endorsement to the policy: <br /> a. The Insurance shall cover on an occurrence or an occurrence <br /> basis, and not on a claims -made basis. <br /> b. City, its officers, officials, employees, and volunteers are to be <br /> covered as insureds as respects: liability arising out of work or <br /> operations performed by or on behalf of the Consultant; or <br /> automobiles owned, leased, hired, or borrowed by the Consultant <br /> c. For any claims related to this Agreement or the work hereunder, <br /> the Consultant's insurance covered shall be primary insurance as <br /> respects the City, its officers, officials, employees, and volunteers. <br /> Any insurance or self- insurance maintained by the City, its <br /> officers, officials, employees, or volunteers shall be excess of the <br /> Consultant's insurance and shall not contribute with it. <br /> d. Each insurance policy required by this clause shall be endorsed to <br /> state that coverage shall not be canceled by either party, except <br /> after 30 days' prior written notice nas been provided to the City. <br /> 4.3 Professional Liability Insurance. <br /> 4.3.1 General requirements. Consultant, at its own cost and expense, shall <br /> maintain for the period covered by this Agreement professional liability <br /> insurance for licensed professionals performing work pursuant to this <br /> Agreement in an amount not less than $1,000,000.00 covering the <br /> licensed professionals' errors and omissions. Any deductible or self - <br /> insured retention shall not exceed $150,000 per claim. <br /> 4.3.2 Claims -made limitations. The following provisions shall apply if the <br /> professional liability coverage is written, on a claims -made form: <br /> a. The retroactive date of the policy must be shown and must be <br /> before the date of the Agreement. <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 <br /> rates. <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 purchase <br /> an extended period coverage for a minimum of five years after <br /> completion of work under this Agreement. <br /> Consulting Services Agreement between School Traffic Safety Education (SRTS) <br /> City of San Leandro and Safe Moves Page 5 of 14 <br /> Project No. 150 -38 -338 <br />