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OLIVE CREST (5)
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OLIVE CREST (5)
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Last modified
1/20/2026 8:53:38 AM
Creation date
1/12/2026 2:18:35 PM
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Contracts
Company Name
OLIVE CREST
Contract #
N-2026-004
Agency
Parks, Recreation, & Community Services
Expiration Date
1/31/2027
Insurance Exp Date
10/7/2026
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Exhibit B <br /> each insured against whom a claim is made or suit is brought, except with respect to <br /> the insurer's limits of liability. <br /> 5. Each insurance policy required herein shall provide that coverage shall not be <br /> canceled, suspended, voided, reduced in coverage or in limits, non-renewed by the <br /> carrier, or materially changed except after thirty(30)days prior written notice has <br /> been given to City. Ten(10) days prior written notice shall be provided to City for <br /> policy cancellation or non-renewal due to non-payment. <br /> G. Certificate Holder on each Evidence of Insurance certificate shall be: City of Santa <br /> Ana, Attention: Parrs, Recreation& CommUnity Services Agency, 20 Civic Center <br /> Plaza, M-23, Santa Ana, CA 92701, The name and location of the event should be <br /> included to the Description of Operations section of each certificate, <br /> Self-Insured Retentions <br /> Self-insured retentions rust be declared to and approved by the City. City may require <br /> Provider to purchase coverage with a lower retention or provide proof of ability to pay losses <br /> and related investigations, claim administration, and defense expenses within the retention. <br /> Acceptability of Insurers <br /> Insurance is to be placed with insurers authorized to conduct business in the state of <br /> California with a current A.M. Best rating of no less than A:Vtl, unless otherwise acceptable <br /> to City. <br /> Verification of Covet-age <br /> Provider shall furnish City with.original. Certificates of Insurance including all required <br /> amendatory endorsements (or copies of the applicable policy language effecting coverage <br /> required by this clause) and a copy of the Declarations and Endorsement Page of the COL <br /> policy listing all policy endorsements to Entity before work begins. However, failure to <br /> obtain the required documents prior to the work beginning shall not waive Provider's <br /> obligation to provide them. City reserves the right to require complete, certified copies of all <br /> required insurance policies, including endorsements required by these specifications, at any <br /> time. <br /> Claims (Wade Policies <br /> If any of the required policies provide coverage on a claims-made basis: <br /> l. 'rhe retroactive date must be shown and must be before the date of the contract or the <br /> beginning of work. <br /> 2. Insurance trust be maintained and evidence of insurance must be provided for at least <br /> three (3) years aver completion of work. <br /> 3. If coverage is canceled or non-renewed, and not replaced with another claims-made policy <br /> farm with a retroactive(late prior to the contract effective date, Provider must purchase <br /> `°extended reporting„ coverage for a minimum of three (3) years after completion of work. <br /> Subcontractors <br /> Provider shall require and verify that all sub-contractors maintain insurance <br /> meeting all the requirements stated herein, and Provider shall ensure that City is an <br /> additional insured on insurance required from sub-contractors, <br />
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