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Packet 20240102
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5C Consent
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Last modified
3/22/2024 10:56:51 AM
Creation date
2/23/2024 3:26:38 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
1/2/2024
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PERM
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Reso 2024-002 CLIMATEC PHASE III PROJECT
(Amended)
Path:
\City Clerk\City Council\Resolutions\2024
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<br /> 27 <br />loss or damage to the project by fire and lightening, extended coverage, vandalism, malicious <br />mischief, flood, earthquake, and collapse; said extended coverage shall cover loss or damage <br />by explosion, windstorm, riot, aircraft, vehicle damage, smoke, and other such hazards as <br />are normally covered by such coverage. Such insurance (except the earthquake and flood <br />coverage in the event that they are not fully or reasonably available) shall be in an amount <br />equal to the replacement cost (without deduction for depreciation and subject to stipulated <br />value in lieu of average clause) of all structures constituting any part of the work, excluding <br />the cost of excavations, of grading, and of filling of the land, and except that such insurance <br />(except earthquake and flood insurance) may be subject to deductible clauses not to exceed <br />$10,000 for any one loss. Earthquake and flood insurance may be subject to deductible <br />clauses not to exceed five percent (5%) of such replacement cost for any one loss. Such <br />insurance will not cover loss or damage to the Contractor’s equipment, scaffolding, or other <br />materials not to be consumed in the construction of the project. The Contractor shall obtain <br />from the insurer a waiver of subrogation endorsement for losses caused by fire or other <br />perils to the extent covered by this insurance. Contractor shall pay any extra premium <br />required therefore. <br /> <br />5. Environmental Insurance. <br /> <br />5.1 General Requirements. Contractor shall purchase and maintain liability insurance with <br />coverage, as further specified below, for losses arising from or in any way related to <br />pollution conditions, both sudden and non-sudden (gradual), which arise from or in <br />connection with the Contractor’s transportation services and any disposal facilities used in <br />connection with the underlying Agreement. The required insurance coverage shall be <br />endorsed to cover Non-Owned Disposal Sites. The Contractor’s insurance shall include: <br />A. Contractors Pollution Liability - limit $3,000,000 per loss and $6,000,000 in the <br />aggregate, <br />B. Environmental Transportation Liability insurance; provided, however, if the Contractor <br />does not maintain a separate policy evidencing pollution liability coverage in relation to <br />the Contractor’s transportation services, then the Contractor’s CPL insurance policy <br />must be endorsed so as to satisfy the minimum scope of coverage related to the <br />Contractor’s transportation services with limit $3,000,000 per loss and <br />$6,000,000 in the aggregate <br /> <br />6. All Policies Requirements. <br /> <br />6.1 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 />6.2 Verification of Coverage. Prior to beginning any work under this Agreement, Consultant shall <br />furnish City with complete copies of all Certificates of Liability Insurance delivered to <br />Consultant by the insurer, including complete copies of all endorsements attached to the <br />policies. All copies of Certificates of Liability Insurance and certified endorsements shall show <br />the 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 Consultant beginning work, <br />DocuSign Envelope ID: 64BB0189-33AC-48E9-B1D7-D912FB4998D8
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