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KDC SYSTEMS (2)
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Last modified
10/30/2024 4:42:57 PM
Creation date
2/14/2022 2:31:21 PM
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Contracts
Company Name
KDC SYSTEMS
Contract #
A-2022-009-01
Agency
Public Works
Council Approval Date
1/18/2022
Expiration Date
1/17/2025
Insurance Exp Date
10/1/2025
Destruction Year
2030
Notes
For Insurance Exp. Date see Notice of Compliance
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7. Claims Made Policies (applicable only to professional liability): <br />i. The Retroactive Date must be shown, and must be before the <br />date of the contract or the beginning of contract work. <br />ii. Insurance must be maintained and evidence of insurance <br />must be provided for at least five (5) years after completion <br />of the contract of work. <br />iii. If coverage is canceled or non -renewed, and not replaced <br />with another claims -made policy form with a Retroactive <br />Date prior to the contract effective date, the Contractor must <br />purchase "extended reporting" coverage for a minimum of <br />five (5) years after completion of work. <br />8. Verification of Coverage: Contractor shall furnish the City with <br />original Certificates of Insurance including all required amendatory <br />endorsements (or copies of the applicable policy language effecting <br />coverage requiredby this clause) and a copy of the Declarations and <br />Endorsement Page of the CGL policy listing allpolicy endorsements <br />to City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive the <br />Contractor's obligation to provide them. <br />The City reserves the right to require complete, certified copies of all <br />required insurance policies, including endorsements required by <br />these specifications, at any time. <br />9. Subcontractors: Contractor shall require and verify that all <br />subcontractors maintain insurance meeting all the requirements <br />stated herein, and Contractor shall ensure that City is an additional <br />insured on insurance required from subcontractors. <br />10. Special Risks or Circumstances: City reserves the right to modify <br />these requirements, including limits, based on the nature of therisk, <br />prior experience, insurer, coverage, or other special circumstances. <br />8. INDEMNIFICATION <br />Contractor agrees to defend, and shall indemnify and hold harmless the City, its officers, <br />agents, employees, contractors, special counsel, and representatives from liability: (1) for personal <br />injury, damages, just compensation, restitution, judicial or equitable relief arising out of claims for <br />personal injury, including death, and claims for property damage, which may arise from the <br />negligent operations of the Contractor or its subcontractors, agents, employees, or other persons <br />acting on their behalf which relates to the services described in section 1 of this Agreement; and <br />(2) from any claim that personal injury, damages, just compensation, restitution, judicial or <br />equitable relief is due by reason of the terms of or effects arising from this Agreement. This <br />indemnity and hold harmless agreement applies to all claims for damages, just compensation, <br />Page 5 of 10 <br />
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