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Alameda CTC Agreement No. A22-0064 <br />Project No. 1480013 <br /> <br />Appendix G – Page 4 <br />APPENDIX G-3 <br />TFCA INSURANCE REQUIREMENTS <br />[See Below and Attached] <br /> <br />Note: The below Alameda CTC insurance requirements for TFCA projects are followed by a copy of <br />BAAQMD’s Insurance Guidelines, Appendix F of BAAQMD’s TFCA County Program Manager Fund <br />Expenditure Plan Guidance, Fiscal Year Ending (FYE) 2022. As incorporated into this Agreement, (i) the term <br />“Air District” in the attached shall be deemed to mean and refer to BAAQMD, (ii) “County Program <br />Manager” shall be deemed to mean and refer to ALAMEDA CTC, and (iii) “Grantee” shall be deemed to mean <br />and refer to SPONSOR. <br /> <br /> <br />INSURANCE REQUIREMENTS <br /> <br />Verification of Coverage <br />SPONSOR is required to provide certificates and/or other evidence of the required insurance coverage prior to <br />the execution of a fund-transfer agreement and annually thereafter throughout and until project completion. <br />Certificates, policies and other evidence provided shall specify that the ALAMEDA CTC and BAAQMD shall <br />receive 30 days advanced notice of cancellation from the insurers. <br /> <br />Additionally, SPONSOR is to require all professional services consultants, contractors and subcontractors <br />involved with the PROJECT to name ALAMEDA CTC, its officers, employees and consultants as additional <br />insured on all insurance required by SPONSOR for PROJECT. <br /> <br />Minimum Scope of Insurance <br />Throughout the Term of the AGREEMENT, SPONSOR shall obtain and maintain in full force and effect the <br />Liability Insurance and Property Insurance as set forth below: <br /> <br />1. Liability Insurance: with a limit of not less than $1,000,000 per occurrence. Such insurance shall be <br />of the type usual and customary to the business of SPONSOR, and to the operation of the vehicles, <br />vessels, engines or equipment operated by Sponsor. <br />2. Property Insurance: in an amount of not less than the insurable value of SPONSOR’s vehicles, <br />vessels, engines or equipment funded under the Agreement, and covering all risks of loss, damage or <br />destruction of such vehicles, vessels, engines or equipment. <br />3. Workers Compensation Insurance: As required by California law and employers’ insurance with a <br />limit not less than $1 million. <br /> <br />Acceptability of Insurers <br />Insurance is to be placed with insurers with a current A.M. Best’s rating of no less than A: VII. The <br />ALAMEDA CTC may, at its sole discretion, waive or alter this requirement or accept self-insurance in lieu of <br />any required policy of insurance. <br /> <br />DocuSign Envelope ID: 0E3E40C9-D093-400B-B120-1B0115C9A86C