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22.INSURANCE REQUIREMENTS <br />The abatement, removal, storage, and /or disposal of vessels under this Agreement is a <br />hazardous activity. Grantee therefore must maintain commercial general liability insurance in <br />an amount and of a type acceptable to DBW and to the Department of General Services/ <br />Office of Risk and Insurance Management (ORIM). <br />1.GENERAL PROVISIONS APPLYING TO ALL POLICIES <br />a.Coverage Term <br />Coverage needs to be in force for the complete term of the Agreement. If <br />insurance expires during the term of the grant, a new certificate must be <br />received by the Division at least ten (10) days prior to the expiration of this <br />insurance. Any new insurance must still comply with the original terms of <br />the grant. <br />b.Policy cancellation or termination & notice of non-renewal <br />Insurance policies shall contain a provision stating coverage will not be <br />cancelled without 30 days prior written notice to the Division. In the event <br />Grantee fails to keep in effect at all times the specified insurance coverage, <br />the Division may, in addition to any other remedies it may have, terminate <br />this Agreement upon the occurrence of such event, subject to the <br />provisions of this Agreement. <br />c.Deductible <br />Grantee is responsible for any deductible or self-insured retention <br />contained within their insurance program. <br />d.Primary clause <br />Any required insurance contained in this Agreement shall be primary, and <br />not excess or contributory, to any other insurance carried by the State. <br />e.Insurance carrier required rating <br />All insurance companies must carry a rating acceptable to ORIM. If the <br />Grantee is self-insured for a portion or all of its insurance, review of <br />financial information including a letter of credit may be required by DBW or <br />ORIM. <br />f.Endorsements <br />Any required endorsements requested by the Division must be physically <br />attached to all requested certificates of insurance and not substituted by <br />referring to such coverage on the certificate of insurance. <br />g.Inadequate Insurance <br />Inadequate or lack of insurance does not negate the Grantee’s obligations <br />under the Agreement. <br />h.Use of Subcontractors <br />In the case of Grantee’s utilization of subcontractors to complete the <br />contracted scope of work, Grantee shall include all subcontractors as <br />insured’s under Grantee’s insurance or supply evidence of subcontractor’s <br />insurance to the State when requested equal to policies, coverages, and <br />Date: 07/30/2018 Contract # C18S0605, City of San Leandro Marina, Surrendered and Abandoned Vessel <br />Exchange (SAVE) Fiscal Year 2018/2019 <br />__________________________________________________________________________ <br />Page: 9 of 3939 <br />88