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EXHIBIT 1 <br />If the insurance carrier does not have an A.M. Best Rating of A-NIII, the CEO/Office of Risk Management <br />retains the right to approve or reject a carrier after a review of the company's performance and financial <br />ratings. <br />The policy or policies of insurance maintained by the Subrecipient shall provide the minimum limits and <br />coverage as set forth below. <br />Increased insurance limits may be satisfied with Excess/Umbrella policies. Excess/Umbrella policies when <br />required must provide Follow Form coverage. <br />All insurance policies required by this Contract shall waive all rights of subrogation against the County of <br />Orange, its elected and appointed officials, officers, employees, and agents when acting within the scope <br />of their appointment or employment. <br />Subrecipient shall provide thirty (30) days prior written notice to the County of any policy cancellation or <br />non -renewal and ten (10) days prior written notice where cancellation is due to non-payment of premium <br />and provide a copy of the cancellation notice to County. Failure to provide written notice of cancellation <br />may constitute a material breach of the Contract, upon which the County may suspend or terminate this <br />Contract. <br />Insurance certificates should be forwarded to the agency/department address listed on the solicitation. <br />If the Subrecipient fails to provide the insurance certificates and endorsements within seven (7) days of <br />notification by CEO/Purchasing or the agency/department purchasing division, award may be made to the <br />next qualified vendor. <br />County expressly retains the right to require Subrecipient to increase or decrease insurance of any of the <br />above insurance types throughout the term of this Contract. Any increase or decrease in insurance will be <br />as deemed by County of Orange Risk Manager as appropriate to adequately protect County. <br />County shall notify Subrecipient in writing of changes in the insurance requirements. If Subrecipient does <br />not provide acceptable Certificates of Insurance and endorsements to County incorporating such changes <br />within thirty (30) days of receipt of such notice, this Contract may be in breach without further notice to <br />Subrecipient, and County shall be entitled to all legal remedies. <br />The procuring of such required policy or policies of insurance shall not be construed to limit Subrecipient's <br />liability hereunder nor to fulfill the indemnification provisions and requirements of this Contract, nor act in <br />any way to reduce the policy coverage and limits available from the insurer. <br />3. Commercial General Liability <br />Minimum limits and coverage <br />$1,000,000 per occurrence; $2,000,000 aggregate <br />Required Coverage Forms <br />The Commercial General Liability coverage shall be written on occurrence basis utilizing Insurance <br />Services Office (ISO) form CG 00 01, or a substitute form providing liability coverage at least as broad. <br />Required Endorsements <br />County of Orange MA-012-25010265 Page 13 of 54 <br />OC Community Resources Regional Workforce Training Services <br />