ANKURA CONSULTING GROUP, LLC - Laserfiche WebLink

Home Browse Search

ft state sales tax that might be assessed on the Services. Ankura will pay any income taxes due and payable by Ankura relating to the Services. Ankma will bill on a monthly basis and upon completion. Invoices will be addressed to: City of Santa Ana, Attn: John Funk, P.O. Box 1988, Santa Ana, CA 92701 and sent by email to the Client at j funk(@.santa-ana. ore. 5. Retainer: In connection with the foregoing, it is Ankura's policy to receive an advance retainer (the "Retainer") for the Fees and Expenses. At this time, Ankara is not requesting a Retainer however we reserve the right to do so at any time and the City agrees to replenish the Retainer upon the request of Ankura. 6. Insurance Requirements: Ankura shall maintain the following insurance coverages: a. Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 covering CGL on an "occurrence" basis, including products and completed operations, property damage, bodily injury and personal & advertising injury with limits no less than $1,000,000 per occurrence. Ifa general aggregate limit applies, either the general aggregatelimit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the required occurrence limit. b. Automobile Liability: Insurance Services Office Form Number CA 0001 covering, Code 1 (any auto), or if no owned autos, Code 8 (hired) and 9 (non -owned), withlimit no less than $1,000,000 per accident for bodily injury and property damage. c. Workers' Compensation insurance as required by the State of California, with statutory limits, and Employer's Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease. d. Professional Liability (Errors and Omissions) Insurance appropriate to the profession, with limit no less than $2,000,000 per occurrence or claim, $2,000,OOOaggregate. Other Insurance Provisions The insurance policies are to contain, or be endorsed to contain, the following provisions: Acceptability of Insurers Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M. Best's rating of no less than AXH, unless otherwise acceptable to the Entity. Claims Made Policies If any of the required policies provide coverage on a claims -made basis: 1. The Retroactive Date must be shown and must be before the date of the contract or the beginning of contract work. Verification of Coverage Consultant shall furnish the City with original Certificates of Insurance including ankura.com