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ZAVALA, ROBERTO DBA COSMOS EVENT RENTALS (3)
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ZAVALA, ROBERTO DBA COSMOS EVENT RENTALS (3)
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Last modified
5/6/2024 10:11:27 AM
Creation date
12/14/2023 10:23:35 AM
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Contracts
Company Name
ZAVALA, ROBERTO DBA COSMOS EVENT RENTALS
Contract #
N-2023-343
Agency
Library
Expiration Date
12/31/2024
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(2) Primary Coverage. For any claims related to this contract, the Contractor's <br />insurance coverage shall be primary coverage at least as broad as ISO CG 20 <br />0104 13 as respects the City, its officers, officials, employees, and volunteers. <br />Any insurance or self-insurance maintained by the City, its officers, officials, <br />employees, or volunteers shall be excess of the Contractor's insurance and shall <br />not contribute with it.. <br />(3) Notice of Cancellation. Each insurance policy required above shall provide <br />that coverage shall not be canceled, except with notice to the City. <br />(4) Waiver of Subrogation. Contractor hereby grants to City a waiver of any right <br />to subrogation that any insurer of said Contractor may acquire against the City <br />by virtue of the payment of any loss under such insurance. Contractor 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 City has <br />received a waiver of subrogation endorsement from the insurer. <br />(5) Self -Insured Retentions. Self -insured retentions must be declared to and <br />approved by the City. The City may require the Contractor to purchase coverage <br />with a lower retention or provide proof of ability to pay losses and related <br />investigations, claim administration, and defense expenses within the retention. <br />The policy language shall provide, or be endorsed to provide, that the self - <br />insured retention may be satisfied by either the named insured or City. <br />(6) 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 A:VII, unless otherwise acceptable to the City. <br />(7) Claims Made Policies. If any of the required policies provide claims -made <br />coverage: <br />I. The retroactive date must be shown, and must be before the date of the <br />contract or beginning of contract work. <br />ii. Insurance must be maintained and evidence of insurance must be <br />provided for at least five (5) years after completion of contract work. <br />iii. If coverage is canceled or non -renewed, and not replaced with another <br />claims -made policy form with a retroactive date prior to the contract <br />effective date, the Contractor must purchase "extending 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 <br />clause) and a copy of the Declarations and Endorsement Page of the CGL policy <br />Page 4 of 9 <br />
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