Agenda Packet_2025-04-15 - Laserfiche WebLink

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Verification of Coverage. Contractor shall fui'nish the City witli original Certificates of Insurance includiiig all required amendatory endorsements (or copies of the applicable policy language effecting coverage required by this clause). A statement on a Ceitificate(s)/Evidence of insurance will not be accepted in lieu of the actual endorsements required herein. However, failure to obtain the required documents prior to the work beginning shall notwaive the Contractor's obligation to pro'vide them. The City reserves tbe right to require complete, ceitified copies of all required insurance policies, including endorsements required by tliese specifications, at any time. Claims Made Policies. If any of tbe reqriired policies provide coverage on a claims-made foim: 1, The retroactive date must be SIIOWII and must be before the execution date of the Agreemeiit. 2. Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after completion of work. 3. If coverage is cancelled or non-renewed, and not replaced with another claims-made policy foim with a retroactive date prior to the contract effective date, Contractor must purchase "extended reporting" coverage for a minimum of five (5) years after conaipletion of work. 4. A copy of the claims reporting requirements must be submitted to City. Subcontractors. Contractor shall requiiae and verify that all subcontactors maintain insurance meeting all the requirements statement herein, and Contractor shall ensure that City is an additional insured on insurance required from subcontractors. For CGL coverage, sub-contractors shall provide coverage with a form at least as broad as CG 20 38 04 13. Failure to Maintain Insurance Coverage. If Contractor, for any reason, fails to maintain insurance coverage wliich is required pursuant to this Agreement, the same shalI be deemed a material breacli of the Agreement. City at its sole option, may teiminate this Agreement at any time and obtain damages from Contractor resulting from said breach. Special Risks or Circumstances. City reserves the right to modify tliese requirei'nents, including Iimits, based on the nature of therisk, prior experience, insurer, coverage, or other special circumstances. INDEMNIFICA'nON Contractor agrees to defend, and shall indeinnify and hold liarmless the City, its officers, agents, employees, contractors, special counsel, and representatives from liability: (l) for personal injury, City Council 20 – 194 4/15/2025