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CHOURA EVENTS (2)
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CHOURA EVENTS (2)
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Last modified
4/27/2022 5:29:41 PM
Creation date
7/13/2021 4:40:14 PM
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Contracts
Company Name
CHOURA EVENTS
Contract #
A-2021-031-02
Agency
Community Development
Council Approval Date
3/16/2021
Expiration Date
8/31/2021
Insurance Exp Date
1/1/1900
Destruction Year
2026
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Other Insurance Provisions <br />The insurance policies are to contain, or be endorsed to contain, the following provisions: <br />Additional Insured Status <br />The Entity, its officers, officials, employees, and volunteers are to be covered as additional <br />insureds on the CGL policy with respect to liability arising out of work or operations performed <br />by or on behalf of the Contractor including materials, parts, or equipment furnished in connection <br />with such work or operations. General liability coverage can be provided in the form of an <br />endorsement to the Contractor's insurance (at least as broad as ISO Form CG 20 10 1185 or if not <br />available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 <br />37 if a later edition is used). <br />Primary Coverage <br />For any claims related to this contract, the Contractor's insurance coverage shall be primary <br />coverage at least as broad as ISO CG 20 01 04 13 as respects the Entity, its officers, officials, <br />employees, and volunteers. Any insurance or self-insurance maintained by the Entity, its officers, <br />officials, employees, or volunteers shall be excess of the Contractor's insurance and shall not <br />contribute with it. <br />Notice of Cancellation <br />Each insurance policy required above shall provide that coverage shall not be canceled, except <br />with notice to the Entity. <br />Waiver of Subrogation <br />Contractor hereby grants to Entity a waiver of any right to subrogation which any insurer of said <br />Contractor may acquire against the Entity by virtue of the payment of any loss under such <br />insurance. Contractor agrees to obtain any endorsement that may be necessary to affect this waiver <br />of subrogation, but this provision applies regardless of whether or not the Entity has received a <br />waiver of subrogation endorsement from the insurer. <br />Self -Insured Retentions <br />Self -insured retentions must be declared to and approved by the Entity. The Entity may require the <br />Contractor 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. The <br />policy language shall provide, or be endorsed to provide, that the self -insured retention may be <br />satisfied by either the named insured or Entity. <br />Acceptability of Insurers <br />Insurance is to be placed with insurers authorized to conduct business in the state with a current <br />A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the Entity. <br />Claims Made Policies (note — should be applicable only to professional liability, see below) <br />If any of the required policies provide claims -made coverage: <br />Page 4 of 10 <br />
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