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STUDIO ONE ELEVEN
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Last modified
8/19/2024 1:27:12 PM
Creation date
6/13/2023 8:31:54 AM
Metadata
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Contracts
Company Name
STUDIO ONE ELEVEN
Contract #
A-2023-089-09
Agency
Public Works
Council Approval Date
5/16/2023
Expiration Date
5/15/2026
Insurance Exp Date
4/18/2025
Destruction Year
2031
Notes
For Insurance Exp. Date see Notice of Compliance
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DocuSign Envelope ID: A8CBD79E-49CB-49A9-BE5B-498Ao2933D51 <br />(i) Additional Insured Status. The City, its officers, officials, employees, <br />and volunteers are to be covered as additional insureds on the CGL <br />policy with respect to liability arising out of work or operations <br />performed by or on behalf of the Consultant including materials, parts, <br />or equipment furnished in connection with such work or operations. <br />General liability coverage can be provided in the form of an <br />endorsement to the Consultant's insurance (at least as broad as ISO °s <br />Form CG 20 10 11 85 or both CG 20 10, CG 20 26, CG 20 33, or CG <br />20 38; and CG 20 37 forms if later revisions used). <br />(except Professional Liability) <br />(ii) Primary Coverage. For any cl ' s related to this contract, the <br />Consultant's insurance coverage all be primary insurance primary <br />coverage at least as broad as ISO CG 20 0104 13 as respects the City, <br />its officers, officials, employees, and volunteers. Any insurance or self- <br />insurance maintained by the City, its officers, officials, employees, or <br />volunteers shall be excess of the Consultant's insurance and shall not <br />contribute with it. <br />(iii)Notice of Cancellation. Each insurance policy required above shall <br />state 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 <br />any right to subrogation which any insurer of said Consultant may <br />acquire against the City by virtue of the payment of any loss under such <br />insurance. Consultant agrees to obtain any endorsement that may be <br />necessary to affect this waiver of subrogation, but this provision applies <br />regardless of whether or not the City has received a waiver of <br />subrogation endorsement from the insurer. <br />(v) Self -Insured Retentions. Self -insured retentions must be declared to <br />and approved by the City. The City may require the Consultant to <br />purchase coverage with a lower retention or provide proof of ability to <br />pay losses and related investigations, claim administration, and defense <br />expenses within the retention. The policy language shall provide, or be <br />endorsed to provide, that the self -insured retention may be satisfied by <br />either the named insured 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 <br />rating of no less than A:VII, unless otherwise acceptable to the City. <br />(vii) Claims Made Policies. If any of the required policies provide <br />coverage on a claims -made basis: <br />• The Retroactive Date must be shown and must be before the date of <br />the contract or the beginning of contract work. <br />Page 4 of 10 <br />
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