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Last modified
4/27/2022 3:14:05 PM
Creation date
4/27/2022 3:07:08 PM
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Contracts
Company Name
TASC
Contract #
A-2017-243
Agency
Human Resources
Council Approval Date
9/5/2017
Insurance Exp Date
1/1/1900
Destruction Year
0
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B. If service§ are terminated by Employer prior to the end of the existing Ian bear, the <br />Employer is responsible for administration fees for the remainder of th it Ph n year. <br />C. Non-payrneut of administration fees andto failure to remit finding on k tint ly basis <br />may result in Plan termination. if services are terminated under this A reer lent, the <br />Employer will be responsible for completing any outstanding services In 1'(Ution. <br />it is understood that termination of this Agreement also terminates the prow Sion the <br />TASC prototype Plan Document at which time the Plan will hencefort be erceived <br />as individually designed and the sole responsibility of the Employer. <br />D. If terminated for failure to pay fees this Agreement may be terminate by —ASC by <br />providing the employer with a 10 day written notice of said tau-nif atior. Upon <br />communication of Employer's intention to file Bankruptcy, TASC res rveslthe right <br />to terminate services immediately. <br />6. insurance <br />TASC shall provide Plan $ponsor a certificate of insurance demonstrating professional <br />liability insurance coverage with a combined single limit of not less that+. S I AO.. 00 �cr claim <br />with $2.000,000 in the aggregate prior to the start of work pursuant to this Ag cement. The <br />following requirements apply to -the insurance to be provided by TASC pursuant this section: <br />A. TASC shall maintain all insurance required above in fill force and effee forilicesitirc <br />period covered by this Agreement. <br />B. Certificates of insurance shall be banished to the City upon eceylutioti of this <br />Agreement and shall be approved by the City. <br />C. Certificates and policies shall state that the policies shall not be canceledI <br />or rlduced in <br />coverage or changed in :ury othcr material aspect without thirty ( . drprier .vrmcn <br />3 <br />25E-71 <br />
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