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AMERICAN CAPITAL INTERPRISES, INC.
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AMERICAN CAPITAL INTERPRISES, INC.
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Last modified
8/16/2019 10:18:44 AM
Creation date
8/16/2019 9:29:02 AM
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Contracts
Company Name
AMERICAN CAPITAL INTERPRISES, INC.
Contract #
A-2019-119
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
7/16/2019
Expiration Date
6/30/2024
Insurance Exp Date
1/1/1900
Destruction Year
2029
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EXHIBIT 1 <br />manner in which Consultant performs the services which are the subject matter of this <br />Agreement; however, the services to be provided by Consultant shall be provided in a <br />manner consistent with all applicable standards and regulations governing such services. <br />Consultant shall pay all salaries and wages, employer's social security taxes, unemployment <br />insurance and similar taxes relating to employees and shall be responsible for all applicable <br />withholding taxes. <br />5. INSURANCE <br />Prior to undertaking performance of work under this Agreement, Consultant shall <br />maintain and shall require its subcontractors, if any, to obtain and maintain insurance as <br />described below: <br />a. Commercial General Liability Insurance, Consultant shall maintain <br />commercial general liability insurance naming the City, its officers, employees, <br />agents, volunteers and representatives as additional insured(s) and shall include, but <br />not be limited to protection against claims arising from bodily and personal injury, <br />including death resulting therefrom and damage to property, resulting from any act or <br />occurrence arising out of Consultant's operations in the performance of this <br />Agreement. The amounts of insurance shall be not less than the following: single limit <br />coverage applying to bodily and personal injury, including death resulting therefrom, <br />and property damage, in the total amount of $1,000,000 per occurrence. <br />b. Worker's Compensation Insurance. In accordance with the provisions of <br />Section 3300 of the Labor Code, Consultant, if Consultant has any employees, is required <br />to be insured against liability for worker's compensation or to undertake self-insurance. <br />Prior to commencing the performance of the work under this Agreement, Consultant <br />agrees to obtain and maintain any employer's liability insurance with limits not less than <br />$1,000,000 per accident. <br />c. Professional Liability (Errors & Omissions) insurance, with a combined single <br />limit of not Iess than $1,000,000 per claim. <br />d. The following requirements apply to the insurance to be provided by <br />Consultant pursuant to this section: <br />(i) Consultant shall maintain all insurance required above in full force <br />and effect for the entire period covered by this Agreement. <br />(ii) Certificates of insurance shall be furnished to the City upon <br />execution of this Agreement and shall be approved in form by the <br />City Attorney. Consultant shall supply City with fully executed <br />additional insured endorsement(s) naming City as certificate holder <br />upon execution of this Agreement, <br />(iii) Certificates and policies shall state that the policies shall not be <br />cancelled or reduced in coverage or changed in any other material <br />respect without thirty (30) days prior written notice to the City. <br />4 <br />25H-8 <br />
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