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Agmt 2017 Dixon Resources Unlimited
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Agmt 2017 Dixon Resources Unlimited
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Last modified
8/2/2017 11:22:21 AM
Creation date
8/2/2017 11:19:56 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/17/2017
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PERM
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Reso 2017-110
(Reference)
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\City Clerk\City Council\Resolutions\2017
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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 />4.2.4 Submittal Requirements. To comply with Subsection 4.2, Consultant shall <br />submit the following: <br />a. Certificate of Liability Insurance in the amounts specified in the section; <br />b. Additional Insured Endorsement as required by the section; <br />C. Waiver of Subrogation Endorsement as required by the section; and <br />Primary Insurance Endorsement as required by the section. <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 />The retroactive date of the policy must be shown and must be before the <br />date of the Agreement. <br />Insurance must be maintained and evidence of insurance must be <br />provided for at least 5 years after completion of the Agreement or the <br />work, so long as commercially available at reasonable rates. <br />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 shall purchase an extended period coverage <br />for a minimum of 5 years after completion of work under this Agreement. <br />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 />
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