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Last modified
10/3/2022 9:36:34 AM
Creation date
9/29/2022 12:51:55 PM
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Contracts
Company Name
STUDIOFOLIA
Contract #
N-2022-276
Agency
Parks, Recreation, & Community Services
Expiration Date
10/2/2022
Insurance Exp Date
2/1/2023
Destruction Year
2027
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2. Primary Coverage. For any claims related to this contract, the <br />Speaker/Performer's insurance coverage shall be primary coverage at least as broad <br />as ISO CG 20 01 04 13 as respects the City, its officers, officials, employees, and <br />volunteers. Any insurance or self-insurance maintained by the City, its officers, <br />officials, employees, or volunteers shall be excess of the Speaker/Performer's <br />insurance and shall not contribute with it. <br />3. Notice of Cancellation. Each insurance policy required above shall provide that <br />coverage shall not be canceled, except with notice to the City. <br />4. Waiver of Subrogation. Speaker/Performer hereby grants to City a waiver of any <br />right to subrogation that any insurer of said Speaker/Performer may acquire against <br />the City by virtue of the payment of any loss under such insurance. <br />Speaker/Performer agrees to obtain any endorsement that may be necessary to affect <br />this waiver of subrogation, but this provision applies regardless of whether or not <br />the City has received a waiver of subrogation endorsement from the insurer. <br />5. Acceptability of Insurers. Insurance is to be placed with insurers authorized to <br />conduct business in the state with a current A.M. Best's rating of no less than <br />A: VII, unless otherwise acceptable to the City. <br />6. Verification of Coverage. Speaker/Performer shall famish the City with original <br />Certificates of Insurance including all required amendatory endorsements (or copies <br />of the applicable policy language effecting coverage requiredby this clause) and a <br />copy of the Declarations and Endorsement Page of the CGL policy listing all policy <br />endorsements to City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive the Speaker/Performer's <br />obligation to provide them. <br />The City reserves the right to require complete, certified copies of all required <br />insurance policies,including endorsements required by these specifications, at any <br />time. <br />7. Subcontractors. Speaker/Performer shall require and verify that all subcontractors <br />maintain insurance meeting all the requirements stated herein, and <br />Speaker/Performer shall ensure that City is an additional insured on insurance <br />required from subcontractors. <br />8. Special Risks or Circumstances. City reserves the right to modify these <br />requirements, including limits, based on the nature of the risk, prior experience, <br />insurer, coverage, or other special circumstances. <br />
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