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The insurer shall agree to waive all rights of subrogation against the City, its <br /> officers, officials, employees and volunteers for losses arising from work <br /> performed by the Contractor for the City. <br /> 3. Professional Liability. <br /> Contractor shall carry professional liability with $1,000,000 combined single limit <br /> per occurrence and annual aggregate, against liability caused by negligent acts, <br /> errors or omissions on the part of the Contractor in the course of performance of <br /> the services specified in this Agreement. <br /> 4. All Coverages. <br /> Each insurance policy required by this clause shall be endorsed to state that <br /> coverage shall not be suspended, voided, canceled by either party, reduced in <br /> coverage or in limits except after thirty(30) days' prior written notice by certified <br /> mail, return receipt requested, has been given to the City. <br /> (e) Acceptability of Insurers. Insurance is to be placed with insurers with a Bests' rating of <br /> no less than A:VII. <br /> (f) Verification of Coverage. Contractor shall furnish City with certificates of insurance and <br /> with original endorsements effecting coverage required by this clause. The certificates <br /> and endorsements for each insurance policy are to be signed by a person authorized by <br /> that insurer to bind coverage on its behalf. The certificates and endorsements are to be <br /> received and approved by the City before work commences. The City reserves the right <br /> to require complete, certified copies of all required insurance policies, at any time. <br /> (g) Subcontractors. Contractor shall include all subcontractors as insureds under its policies <br /> or shall furnish separate certificates and endorsements for each subcontractor. All <br /> coverages for subcontractors shall be subject to all of the requirements stated herein. <br /> (h) The Risk Manager of City may approve a variation in those insurance requirements upon <br /> a determination that the coverages, scope, limits and forms of such insurance are either <br /> not commercially available or that the City's interests are otherwise fully protected. <br /> 5. CONTRACTOR NO AGENT. Except as City may specify in writing, Contractor shall have no <br /> authority, express or implied, to act on behalf of City in any capacity whatsoever as an agent. <br /> Contractor shall have no authority, express or implied,pursuant to this Agreement to bind City to <br /> any obligation whatsoever. <br /> 6. ASSIGNMENT PROHIBITED. No party to this Agreement may assign any right or obligation <br /> pursuant to this Agreement. Any attempted or purported assignment of any right or obligation <br /> pursuant to this Agreement shall be void and of no effect. <br /> Contractual Services Agreement Page 12 of 15 <br /> CHS Consulting Group <br />