25D - AGMT WORK COMP ADMIN - Laserfiche WebLink

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The workers' compensation insurance shall be endorsed to waive any right to subrogation against the City, and its respective officers, agents and employees. iv. Professional Errors & Omissions insurance with a minimum limit of $2,000,000 per occurrence with an aggregate of no less than twice the per occurrence limit. v. Crime/Employee Dishonesty: $1,000,000 to include employee dishonesty, disappearance, theft, and forgery or alteration coverage in a form and issued by an insurance or bonding company or companies acceptable to the City. vi. Cyber Liability insurance with a minimum of $1,000,000 per occurrence. vii. Maintain at all time during the pendency of this Agreement, a fidelity bond of one million ($1,000,000) dollars. c. The commercial general liability and automobile liability policies are to contain, or be endorsed to contain, the following provisions: i. The City, and its respective officers, agents and employees are to be covered as additional insureds as respects: liability arising out of work or operations performed by or on behalf of the Administrator; or automobiles owned, leased, hired or borrowed by the Administrator. ii. For any claims related to this project, the Administrator's insurance coverage shall be primary insurance as respects the City, and its respective officers, agents and employees. Any insurance or self-insurance maintained by City, and their respective officers, agents and employees, shall be excess of the Administrator's insurance and shall not contribute with it. iii. Each insurance policy required by this clause shall be endorsed to state that coverage shall not be canceled by either party, except after thirty (30) days' prior written notice by certified mail, return receipt requested, has been given to the City. d. Prior to commencement of work pursuant to this Agreement, Administrator shall provide the City with a certificate of insurance and required endorsements evidencing that such insurance has been obtained and is in full force and effect. Such coverage shall provide thirty (30) calendar days' notice of intent to cancel or non -renewal to the and City. e. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best's rating of no less than A-: VII, unless otherwise acceptable to the City. 17. NOTICES: All notices, demands, requests, or approvals which are required under this Agreement, or which either the City or the Administrator may desire to serve upon the other, shall be in writing and shall be conclusively deemed served when delivered personally, or forty-eight (48) hours after the deposit thereof in the United States Mail with postage pre -paid. Notices shall be mailed to each party at the addresses below: