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TKO YOUTH FOUNDATION
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Last modified
1/12/2023 11:25:12 AM
Creation date
9/27/2021 4:08:15 PM
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Contracts
Company Name
TKO YOUTH FOUNDATION
Contract #
A-2021-187
Agency
Parks, Recreation, & Community Services
Council Approval Date
9/21/2021
Expiration Date
9/30/2023
Destruction Year
2028
Notes
For Insurance Exp. Date see Notice of Compliance
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government authority, the State of California, or the United States <br />Government. <br />11. Insurance. TKO shall procure and maintain for the duration of the Agreement <br />insurance against claims for injuries to persons or damage to property which may <br />arise from or in connection with the use allowed hereunder and the results of that <br />use by TKO, its agents, representatives, employees and subcontractors pursuant to <br />the scope and coverage noted below: <br />A. Commercial General Liability (CGL): Insurance Services Office Form CG <br />00 01 covering CGL on an "occurrence" basis, including products and <br />completed operations, property damage, bodily injury and personal & <br />advertising injury with limits no less than $2,000,000 per occurrence. If a <br />general aggregate limit applies, either the general aggregate limit shall <br />apply separately to this project/location (ISO CG 25 03 or 25 04) or the <br />general aggregate limit shall be twice the required occurrence limit. <br />B. Workers' Compensation: as required by the State of California, with <br />Statutory Limits, and Employer's Liability Insurance with limit of no less <br />than $1,000,000 per accident for bodily injury or disease. This insurance <br />coverage is not required if TKO has no employees <br />C. Other Provisions Applicable to Insurance Requirements: <br />i. If the TKO maintains broader coverage and/or higher limits than the <br />minimums shown above, the City requires and shall be entitled to <br />the broader coverage and/or the higher limits maintained by the <br />contractor. Any available insurance proceeds in excess of the <br />specified minimum limits of insurance and coverage shall be <br />available to the City. <br />ii. The insurance policies are to contain, or be endorsed to contain, the <br />following provisions: <br />iii. Additional Insured Status- the City, its officers, officials, <br />employees, and volunteers are to be covered as additional insureds <br />on the CGL policy with respect to liability arising out of work or <br />operations performed by or on behalf of TKO including materials, <br />parts, or equipment furnished in connection with such work or <br />operations. General liability coverage can be provided in the form <br />of an endorsement to TKO's insurance (at least as broad as ISO <br />Form CG 20 10 11 85 or if not available, through the addition of <br />both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 if <br />a later edition is used). <br />iv. Primary Coverage- For any claims related to this contract, TKO's <br />insurance coverage shall be primary coverage at least as broad as <br />Facility Use Agreement With TKO Youth Foundation <br />4 <br />
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