Laserfiche WebLink
b. Insurance must be maintained and evidence of insurance must be provided <br />for at least five (5) years after completion of the contract of work. <br />c. If coverage is canceled or non -renewed, and not placed with another <br />claims -made policy form with a retroactive date prior to the contract <br />effective date, the Contractor must purchase "extended reporting" <br />coverage for a minimum of five (5) years after completion of work. <br />8. Verification of Coverage. Contractor shall furnish the City with original <br />Certificates of Insurance including all required amendatory endorsements (or <br />copies of the applicable policy language effecting coverage requiredby this clause) <br />and a copy of the Declarations and Endorsement Page of the CGL policy listing all <br />policy endorsements to City before work begins. However, failure to obtain the <br />required documents prior to the work beginning shall not waive the Contractor's <br />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 any <br />time. <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. <br />10. Special Risks or Circumstances. City reserves the right to modify these <br />requirements, including limits, based on the nature of the risk, prior experience, <br />insurer, coverage, or other special circumstances. <br />6. INDEMNIFICATION <br />To the fullest extent permitted by law, Sponsor shall indemnify, defend and hold <br />harmless City, its officers, agents and employees (collectively, the "indemnified parties") from <br />and against any and all claims (including, without limitation, claims for bodily injury, death or <br />damage to property), demands, obligations, damages, actions, causes of action, suits, losses, <br />judgments, fines, penalties, liabilities, costs and expenses (including, without limitation, <br />attorney's fees, disbursements and court costs) of every kind and nature whatsoever <br />(individually, a claim; collectively, "claims"), which may arise from or in any manner are related <br />(directly or indirectly) to this Agreement or Sponsor's presence or activities at the Event <br />(including the negligent and/or willful acts, errors and/or omissions of Sponsor, its principals, <br />officers, agents, employees, vendors, suppliers, contractors, subcontractors, anyone employed <br />directly or indirectly by any of them or for whose acts they may be liable for any or all of them). <br />Notwithstanding the foregoing, nothing herein shall be construed to require Sponsor to <br />indemnify the indemnified parties from any claim arising from the sole negligence or willful <br />#8520v3 <br />