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adjustment to existing buildings, structures, processes, machinery and
<br />equipment. The property Installation Floater shall provide property
<br />damage coverage for any building, structure, machinery or equipment
<br />damaged, impaired, broken, or destroyed during the performance ofthe
<br />work, including during transit, installation, and testing at the City's site.
<br />7. Acceptability of Insurers: Insurance is to be placed with insurers authorized
<br />to conduct business in the state with a current A.M. Best's rating of no less
<br />than ANII, unless otherwise acceptable to the City.
<br />8. Verification of Coverage: Contractor shall furnish the City with original
<br />Certificates of Insurance including all required amendatory endorsements (or
<br />copies ofthe applicable policy language effecting coverage requiredby this
<br />clause) and a copy ofthe Declarations and Endorsement Page ofthe CGL policy
<br />listing allpolicy endorsements to City before work begins. However, failure to
<br />obtain the required 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 required
<br />insurance policies, including endorsements required by these specifications, at
<br />anytime.
<br />9. Subcontractors: Contractor shall require and verify that all subcontractors
<br />maintain insurance meeting all the requirements stated herein, and Contractor
<br />shall ensure that City is an additional insured on insurance required from
<br />subcontractors. For CGL coverage, subcontractors shall provide coverage with
<br />a folm at least as broad as CG 20 38 04 13.
<br />10. Special Risks or Circumstances: City reserves the right to modify these
<br />requirements, including limits, based on the nature oftherisk, prior experience,
<br />insurer, coverage, or other special circumstances.
<br />& INDEMNIFICATION
<br />Contractor agrees to defend, and shall indemnify and hold brainless 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, its subcontractors, agents, employees, or other persons
<br />acting on its behalf which relates to the services described in section 1 of this Agreement; and (2)
<br />from any claim that personal injury, damages, just compensation, restitution, judicial or equitable
<br />relief is due by reason ofthe telms of or effects arising from this Agreement. This indemnity and
<br />hold hmmless agreement applies to all claims for damages, just compensation, restitution, judicial
<br />or equitable relief suffered, or alleged to have been suffered, by reason ofthe events mfelTed to in
<br />this Section or by reason ofthe telms of, or effects, arising from this Agreement. The Contractor
<br />farther agrees to indemnify, hold harmless, and pay all costs for the defense ofthe City, including
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