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IDS GROUP (4)
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Entry Properties
Last modified
8/19/2024 10:16:15 AM
Creation date
11/7/2022 3:49:34 PM
Metadata
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Contracts
Company Name
IDS GROUP
Contract #
A-2022-193
Agency
Public Works
Council Approval Date
10/4/2022
Expiration Date
10/3/2025
Insurance Exp Date
5/1/2023
Destruction Year
2030
Notes
For Insurance Exp. Date see Notice of Compliance
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Additional Insured Status <br />The Entity, its officers, officials, employees, and volunteers are to be <br />covered as additional insureds on the CGL policy with respect to <br />liability arising out of work or operations performed by or on behalf of the <br />Consultant including materials, parts, or equipment furnished in <br />connectionwith such work or operations. General liability coverage can be <br />provided in the form of an endorsement to the Consultant's insurance (at <br />least as broad as ISO Form CG 20 10 11 85 or bothCG 20 10, CG 20 26, <br />CG 20 33, or CG 20 38; and CG 20 37 forms if later revisions used). <br />Primary Coverage <br />For any claims related to this contract, the Consultant's insurance <br />coverage shall be primary insurance primary coverage at least as broad <br />as ISO CG 20 01 04 13 as respects the Entity, its officers, officials, <br />employees, and volunteers. Any insurance or self-insurance maintained by <br />the Entity, its officers, officials, employees, or volunteers shall be excess of <br />the Consultant's insuranceand shall not contribute with it. <br />Notice of Cancellation <br />Each insurance policy required above shall state that coverage shall not be <br />canceled, except withnotice to the Entity. <br />Waiver of Subrogation <br />Consultant hereby grants to Entity a waiver of any right to subrogation <br />which any insurer of said Consultant may acquire against the Entity by <br />virtue of the payment of any loss under such insurance. Consultant agrees <br />to obtain any endorsement that may be necessary to affect this waiver of <br />subrogation, but this provision applies regardless of whether or not the <br />Entity has received a waiver of subrogation endorsement from the insurer. <br />Self -Insured Retentions <br />Self -insured retentions must be declared to and approved by the Entity. The <br />Entity may require the Consultant to purchase coverage with a lower <br />retention or provide proof of ability to pay losses and related <br />investigations, claim administration, and defense expenses within the <br />retention. The policy language shall provide, or be endorsed to provide, <br />that the self -insured retention may be satisfied by either the named insured <br />or Entity. <br />Acceptability of Insurers <br />Insurance is to be placed with insurers authorized to conduct business in the state <br />with a current <br />A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the Entity. <br />Claims Made Policies <br />If any of the required policies provide coverage on a claims -made basis: <br />2 <br />
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