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8H Consent 2020 0706
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8H Consent 2020 0706
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Last modified
7/10/2020 10:52:49 AM
Creation date
6/30/2020 10:55:33 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
7/6/2020
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PERM
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Reso 2020-084 CDBG 2021 for CALICO, Davis Street Family, Serv opps for Seniors etc
(Approved)
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\City Clerk\City Council\Resolutions\2020
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<br />a. Certificate of Liability Insurance in the amounts specified in the section; <br /> <br />b. Additional Insured Endorsement as required by the section; <br /> <br />c. Waiver of Subrogation Endorsement as required by the section; and <br /> <br />d. Primary Insurance Endorsement as required by the section. <br /> <br />6.4 Professional Liability Insurance. <br /> <br />6.4.1 General Requirements. Consultant, at its own cost and expense, shall <br />maintain for the period covered by this Agreement professional liability insurance for licensed <br />professionals performing work pursuant to this Agreement in an amount not less than $ <br />$1,000,000 covering the licensed professionals’ errors and omissions. Any deductible or self- <br />insured retention shall not exceed $150,000 per claim <br /> <br />6.4.2 Claims-Made Limitations. The following provisions shall apply if the <br />professional liability coverage is written on a claims-made form: <br /> <br />a. The retroactive date of the policy must be shown and must be before <br />the date of the Agreement. <br />b. Insurance must be maintained and evidence of insurance must be <br />provided for at least 5 years after completion of the Agreement or the work, so long as <br />commercially available at reasonable 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 precedes the date of this <br />Agreement, Consultant shall purchase an extended period coverage for a minimum of 5 years <br />after completion of work under this Agreement. <br />d. A copy of the claim reporting requirements must be submitted to the <br />City for review prior to the commencement of any work under this Agreement. <br /> <br />6.4.3 Additional Requirements. A certified endorsement to include contractual <br />liability shall be included in the policy. <br /> <br />6.4.4 Submittal Requirements. To comply with Subsection 4.3, Consultant shall <br />submit the Certificate of Liability Insurance in the amounts specified in the section. <br /> <br />6.5 All Policies Requirements. <br /> <br />6.5.1 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 /> <br />6.5.2 Verification of Coverage. Prior to beginning any work under this Agreement, <br />Subrecipient shall furnish City with complete copies of all certificates of insurance delivered to <br />Subrecipient by the insurer, including complete copies of all endorsements attached to the <br />policies. All copies of certificates of insurance and certified endorsements shall show the <br />signature of a person authorized by that insurer to bind coverage on its behalf. If the City <br />does not receive the required insurance documents prior to the Subrecipient beginning work, <br />it shall not waive the Subrecipient’s obligation to provide them. The City reserves the right to <br />require complete copies of all required insurance policies at any time. <br /> <br />6.5.3 Deductibles and Self-Insured Retentions. Subrecipient shall disclose to and <br />obtain the written approval of City for the self-insured retentions and deductibles before <br />142
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