FULL AGENDA PACKET 2021-07-06 - Laserfiche WebLink

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Exhibit 4 ii. Olhcr Insurance Provisions- The insurance policies are to contain, or be endorsed to contain, the following provisions: Additional Insured Srtnls- the Grantee, its offices, officiate, employees, and vnluntecrs arc u, he cuva-ed as addiLlonal msureds on the CGT, policy with respcci to liability wising out of work or operation performed by or on behalf of the Foundation, its agents, and subcontractors including nlaterialS, parts, of equipment ftu•nished in connection with such work or operations. General li,ahiliry coverage Call be provided in the font of an endorsement to the Foundation, it. ;wcasts, and subcontractors insurance (al least :+s bruad :as TSO Fonn CG 20 10 11 85 of it nol available, through dtc addition of bmh CG 2t1 10, CC 20 26, CG 20 33, or CC 20 38; and CG 20 37 if a later edition is used). 2. Primary Coverage- For any claims rclsted to Illis contract, 111C puundalion FOUndation's vendor, its agents and its subcontractors' insurance coverage shall be primary coverage at least as broad as ISO CO 20 01 04 13 as respects the Grantee, itS ofTiceiS, ofiieiolS, employees, and volniaceiS. Any inSUi,tnce cn self- insuranec mainlainwh by the Gr:mice, ils ofrices, Officiate, crnpluyocs, Or volunteers shall be excess of the Foundation, its agents and ,ubcontractor's insurance and shall not contribute with it. 3. Notice of Cancellation- Lath insurance policy r(:gmrul above Ahall provide that coverage shall not be canceled, except with notice to the Grantee. 4. Waiver of Subrogation- The Foundation, Foundation's vendor. its agents and subcontractors hereby grant Lu Grantee it waive- ul any right to subrugatiun which any insurer of said Foundation. its agents and subcontractors may ac:quirc against Grantee by virtue Of the payment Of ally loss Under SLICK insurance. Foundation, it; agents and subcontractor; agree to obtain any endorsement that may be neecssary rn alTeel this wokerofsuhrogalion, but this provision applicc r;,,mrdless of whether or not the Grantee has received a waiver of subrugatiun endorsement loom the insular. 5. Scll=hlsired Retentions- Self -insured relcnliuus must be declared lu and approved by the Grantee. The Granicc liviy require the Foundation, its agcnls and/or its subcontractors to purchase coverage with a lower retention or provide proof ofability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be orulon.od to provide, 11ral the scl r-iri ured retention may be satin wd by either the named insured or Grantcc. 6. Acceptability of Tnsurers- Tnsurance is to be placed with insurerS authorized to conduct hLLy1nCSS in the stale with a cun-cnt A.M. Resi.'s iating of no Ices than A: v11, unless olherwisc acceptable to the GrantCC. 7- Claims Made Policies (applicable only to professional liability, sec below)- If any of [he regiliral policies provide claims -made coverage: a. The Retroactive Date must be shown, and crust be before the date of the contract or the beginning of eouvact work. City Council 10 — 14 7/6l2021