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Last modified
8/19/2024 2:55:11 PM
Creation date
4/10/2023 3:00:01 PM
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Contracts
Company Name
NATIONAL SECURITY SERVICES
Contract #
N-2023-075
Agency
Public Works
Expiration Date
3/31/2024
Insurance Exp Date
2/4/2024
Destruction Year
2029
Notes
For Insurance Exp. Date see Notice of Compliance
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least as broad as ISO Form CG 20 10 11 85 or if notavailable, through the <br />addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 <br />37 if a later edition is used). <br />II. Primary Coverage. For any claims related to this contract, the <br />Consultant'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, <br />employees, and volunteers. Any insurance or self-insurance maintained by <br />the City, its officers,offrcials, employees, or volunteers shall be excess of <br />the Consultant's insurance and shall not contribute with it. <br />III. Notice of Cancellation. Each insurance policy required above shall provide <br />that coverage shall not be canceled, except with notice to the City. <br />IV. Waiver of Subrogation. Consultant hereby grants to City a waiver of any <br />right to subrogation which any insurer of said Consultant may acquire <br />against the City by virtue of the payment of any loss under such insurance. <br />Consultant agrees to obtain any endorsement that may be necessary to affect <br />this waiverof subrogation, but this provision applies regardless of whether <br />or not the City has received a waiver of subrogation endorsement from the <br />insurer. <br />V. Self -Insured Retentions. Self -insured retentions must be declared to and <br />approved by the City. The City may require the Consultant to purchase <br />coverage with a lower retention or provide proof of ability to pay losses and <br />related investigations, claim administration, and defense expenses within <br />the retention. The policy language shall provide, or be endorsed to provide, <br />that the self -insured retention may be satisfied by either the named insured <br />or City. <br />VI. Acceptability of Insurers. Insurance is to be placed with insurers <br />authorized to conduct business in the state with a current A.M. Best's rating <br />of no less than A: VII, unless otherwise acceptable to the City. <br />VII. Claims Made Policies. If any of the required policies provide claims -made <br />coverage: <br />• The Retroactive Date must be shown, and must be before the date of the <br />contract or thebeginning of contract work. <br />• Insurance must be maintained and evidence of insurance must be <br />provided for at least five (5) years after completion of the contract of <br />work. <br />• If coverage is canceled or non -renewed, and not replaced with another <br />claims -made policy form with a Retroactive Date prior to the contract <br />effective date, the Consultant must purchase "extended reporting" <br />coverage for a minimum of five (5) years after completion of work. <br />Page 4 of 9 <br />
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