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TEC GROUP, INC
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Last modified
12/23/2024 9:36:11 AM
Creation date
7/3/2023 9:40:58 AM
Metadata
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Contracts
Company Name
TEC GROUP, INC
Contract #
A-2023-122-06
Agency
Human Resources
Council Approval Date
6/20/2023
Expiration Date
6/30/2026
Insurance Exp Date
1/1/2026
Destruction Year
2031
Notes
For Insurance Exp. Date see Notice of Compliance
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Form CG 20 10 11 85 or both CG 20 10, CG 20 26, CG 20 33, or CG <br />20 38; and CG 20 37 forms if later revisions used), <br />(ii) Primary Coverage. For any claims related to this contract, the <br />Consultant's insurance coverage shall be primary insurance primary <br />coverage at least as broad as ISO CG 20 0104 13 as respects the City, <br />its officers, officials, employees, and volunteers. Any insurance or self- <br />insurance maintained by the City, its officers, officials, employees, or <br />volunteers shall be excess of the Consultant's insurance and shalt not <br />contribute with it. <br />(iii)Notice of Cancellation. Each insurance policy required above shall <br />state that coverage shall not be canceled, except with notice to the City. <br />Ov)Waiver of Subrogation. Consultant hereby giants to City a waiver of <br />any right to subrogation which any insurer of said Consultant may <br />acquire against the City by virtue of the payment of any loss under such <br />insurance. Consultant agrees to obtain any endorsement that may be <br />necessary to affect this waiver of subrogation, but this provision applies <br />regardless of whether or not the City has received a waiver of <br />subrogation endorsement from the insurer, <br />(v) Self -Insured Retentions. Self -insured retentions must be declared to <br />and approved by the City. The City may require the Consultant to <br />purchase coverage with a lower retention or provide proof of ability to <br />pay losses and related investigations, claim administration, and defense <br />expenses within the retention. The policy language shall provide, or be <br />endorsed to provide, that the self -insured retention may be satisfied by <br />either the named insured or City. <br />(vi)Acceptability of Insurers, insurance is to be placed with insurers <br />authorized to conduct business in the state with a current A.M. Best's <br />rating of no less than A: VIl, unless otherwise acceptable to the City. <br />(vii) Verification of Coverage. Consultant shall furnish the City with <br />original Certificates of Insurance including all required amendatory <br />endorsements (or copies of the applicable policy language effecting <br />coverage required by this clause) and a copy of the Declarations and <br />Endorsement Page of the CGL policy listing all policy endorsements to <br />City before work begins. However, failure to obtain the required <br />documents prior to the work beginning shall not waive the Consultant's <br />obligation to provide them. The City reserves the right to require <br />complete, certified copies of all required insurance policies, including <br />endorsements required by these specifications, at any time. <br />Page 4 of 9 <br />
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