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CHERRY BEKAERT ADVISORY, LLC (2)
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CHERRY BEKAERT ADVISORY, LLC (2)
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Last modified
6/3/2025 12:48:43 PM
Creation date
6/3/2025 12:48:16 PM
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Contracts
Company Name
CHERRY BEKAERT ADVISORY, LLC
Contract #
A-2025-068
Agency
Finance & Management Services
Council Approval Date
5/20/2025
Expiration Date
6/30/2026
Insurance Exp Date
10/1/2025
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6. INSURANCE <br /> Prior to undertaking performance of work under this Agreement, Consultant shall maintain <br /> and shall require any subcontractors to obtain and maintain insurance as described below for the <br /> entire Term of this Agreement against claims for injuries to persons or damage to property which <br /> may arise from or in connection with services, products and materials supplied to City. Total cost <br /> of such insurance shall be borne by Consultant. <br /> MINIMUM SCOPE AND LIMIT OF INSURANCE <br /> 1. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 <br /> covering CGL on an "occurrence" basis, including products and completed operations, <br /> property damage, bodily injury and personal & advertising injury with limits no less than <br /> $1,000,000 per occurrence and $2,000,000 aggregate. Required policy limits can be met <br /> with primary and umbrella/excess insurance policies. <br /> 2. Automobile Liability: Insurance Services Office Form Number CA 00 01 covering any <br /> auto (Code 1), with limits no less than $1,000,000 combined single limits. In the event <br /> Consultant does not maintain commercial automobile liability insurance, City will accept <br /> evidence of personal automobile insurance. <br /> 3. Workers' Compensation: as required by the State of California, with Statutory Limits, <br /> and Employer's Liability Insurance with limit of no less than $1,000,000 per accident, <br /> policy or employee, for bodily injury or disease. Coverage is not required if Consultant has <br /> no employees and signs request to waive such insurance. <br /> 4. Professional Liability Insurance: with limits no less than $1,000,000 per occurrence <br /> or claim, and $2,000,000 aggregate. <br /> If the Consultant maintains broader coverage and/or higher limits than the minimum requirements <br /> for each line of coverage shown above, the City shall be entitled to the broader coverage and/or <br /> higher limits maintained by the Consultant. Any available insurance proceeds in excess of the <br /> specified minimum limits of insurance and coverage shall be available to City. <br /> Other Insurance Provisions <br /> The above required insurance policies are to contain, or be endorsed to contain, the following <br /> provisions: <br /> 1. City, its City Council, its officers, officials, employees, agents, and volunteers are to <br /> be covered as additional insureds, under Consultant's Commercial General Liability <br /> and Automobile Liability policies, with respect to any liability arising out of work or <br /> operations performed by or on behalf of the Consultant including materials, parts, <br /> equipment, and personnel furnished in connection with such work or operations. <br /> 2. Consultant's Insurance company(ies) agrees to waive all rights of subrogation for <br /> Commercial General Liability and Workers' Compensation against City, its City <br /> Council, its officers, officials, employees, agents, and volunteers for losses paid under <br /> the terms of any policy which arise from work performed by Consultant under this <br /> Agreement. <br /> Page 3 of 9 <br /> #2048781v4 <br />
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