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Agmt 2012 New City America Inc
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Agmt 2012 New City America Inc
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Last modified
9/17/2012 10:53:14 AM
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9/17/2012 10:53:13 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
7/1/2012
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PERM
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Reso 2012-080
(Approved by)
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\City Clerk\City Council\Resolutions\2012
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c. For any claims related to this Agreement or the work hereunder, the <br /> Consultant's insurance covered shall be primary insurance as respects <br /> the City, its officers, officials, employees, and volunteers. Any insurance <br /> or self - insurance maintained by the City, its officers, officials, employees, <br /> or volunteers shall be excess of the Consultant's insurance and shall not <br /> contribute with it. <br /> d. Each insurance policy required by this clause shall be endorsed to state <br /> that coverage shall not be canceled by either party, except after 30 days' <br /> prior written notice has 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 maintain <br /> for the period covered by this Agreement professional liability insurance for <br /> licensed professionals performing work pursuant to this Agreement in an amount <br /> not less than $1,000,000 covering the licensed professionals' errors and <br /> omissions. Any deductible or self - insured retention shall not exceed $150,000 per <br /> claim. <br /> 4.3.2 Claims -made limitations. The following provisions shall apply if the professional <br /> liability coverage is written on a claims -made form: <br /> a. The retroactive date of the policy must be shown and must be before the <br /> 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 or the <br /> work, so long as commercially available at reasonable rates. <br /> c. If coverage is canceled or not renewed and it is not replaced with another <br /> claims -made policy form with a retroactive date that precedes the date of <br /> this Agreement, Consultant must purchase an extended period coverage <br /> for a minimum of five years after completion of work under this <br /> Agreement. <br /> d. A copy of the claim reporting requirements must be submitted to the City <br /> for review prior to the commencement of any work under this Agreement. <br /> 4.4 All Policies Requirements. <br /> 4.4.1 Acceptability of insurers. All insurance required by this section is to be placed <br /> with insurers with a Bests' rating of no less than A:VII. <br /> 4.4.2 Verification of coverage. Prior to beginning any work under this Agreement, <br /> Consultant shall furnish City with complete copies of all policies delivered to <br /> Consultant by the insurer, including complete copies of all endorsements attached <br /> GA0BDIDmmtownlDaxntam PBIDWCA Agreements\CSA6.19- 12.doc <br />
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