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Agenda Packet_2023-05-16
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Agenda Packet_2023-05-16
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Agenda Packet
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5/16/2023
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DocuSign Envelope ID: 74Cl9F9A-2F23-4450-9CE5-B4A715CF2733 <br />0 1122 1 -GAL <br />4. Umbrella Insurance. During the term of this Contract, Vendor will maintain umbrella <br />coverage over Workers' Compensation, Commercial General Liability, and Commercial <br />Automobile. <br />Minimum Limits: <br />$2,000,000 <br />5. Network Security and Privacy Liability Insurance. During the term of this Contract, <br />Vendor will maintain coverage for network security and privacy liability. The coverage <br />may be endorsed on another form of liability coverage or written on a standalone <br />policy. The insurance must cover claims which may arise from failure of Vendor's <br />security resulting in, but not limited to, computer attacks, unauthorized access, <br />disclosure of not public data — including but not limited to, confidential or private <br />information, transmission of a computer virus, or denial of service. <br />$2,000,000 per occurrence <br />$2,000,000 annual aggregate <br />Failure of Vendor to maintain the required insurance will constitute a material breach entitling <br />Sourcewell to immediately terminate this Contract for default. <br />B. CERTIFICATES OF INSURANCE. Prior to commencing under this Contract, Vendor must furnish <br />to Sourcewell a certificate of insurance, as evidence of the insurance required under this <br />Contract. Prior to expiration of the policy(ies), renewal certificates must be mailed to <br />Sourcewell, 202 12th Street Northeast, P.O. Box 219, Staples, MN 56479 or sent to the <br />Sourcewell Contract Administrator assigned to this Contract. The certificates must be signed by <br />a person authorized by the insurer(s) to bind coverage on their behalf. <br />Failure to request certificates of insurance by Sourcewell, or failure of Vendor to provide <br />certificates of insurance, in no way limits or relieves Vendor of its duties and responsibilities in <br />this Contract. <br />C. ADDITIONAL INSURED ENDORSEMENT AND PRIMARY AND NON-CONTRIBUTORY <br />INSURANCE CLAUSE. Vendor agrees to list Sourcewell and its Participating Entities, including <br />their officers, agents, and employees, as an additional insured under the Vendor's commercial <br />general liability insurance policy with respect to liability arising out of activities, "operations," or <br />it work" performed by or on behalf of Vendor, and products and completed operations of <br />Vendor. The policy provision(s) or enclorsement(s) must further provide that coverage is <br />primary and not excess over or contributory with any other valid, applicable, and collectible <br />insurance or self-insurance in force for the additional insureds. <br />D. WAIVER OF SUBROGATION. Vendor waives and must require (by endorsement or <br />otherwise) all its insurers to waive subrogation rights against Sourcewell and other additional <br />insureds for losses paid under the insurance policies required by this Contract or other <br />Rev.10/2020 <br />12 <br />City Council 13-14 5/16/2023 <br />
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