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FRIDA CINEMA, THE (2)
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FRIDA CINEMA, THE (2)
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Last modified
8/8/2024 3:54:01 PM
Creation date
2/23/2024 3:36:51 PM
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Contracts
Company Name
FRIDA CINEMA, THE
Contract #
N-2024-062
Agency
Community Development
Expiration Date
10/9/2024
Insurance Exp Date
12/8/2024
Notes
SEE NOTICE OF COMPLIANCE FOR INSURANCE INFO.
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a. Coverage shall be at least as broad as: <br />Commercial General Liability (CGL): Insurance Services Office Form CG 00 01 <br />covering CGL on an "occurrence" basis, including products and completed <br />operations, property damage, bodily injury and personal & advertising injury with <br />limits no less than $1,000,000 per occurrence. If a general aggregate limit applies, <br />eitherthe general aggregatelimit shall apply separately to this project/location (ISO <br />CG 25 03 or 25 04) or the general aggregate limit shall be twice the required <br />occurrence limit. <br />2. Workers' Compensation: insurance as required by the State of California, with <br />Statutory Limits, and Employer's Liability Insurance with limit of no less than <br />$1,000,000 per accident for bodily injury or disease. (Not required if Grantee <br />provides written verification if has no employees) <br />3. Broader Coverage: if Grantee maintains broader coverage and/or higher limits <br />than the minimums shown above, the City requires and shall be entitled to the <br />broader coverage and/or the higher limits maintained by the Grantee. Any <br />available insurance proceeds in excess of the specified minimum limits of <br />insurance and coverage shall be available to the City. <br />b. Other Insurance Provisions: the insurance policies are to contain, or be endorsed to <br />contain, the following provisions: <br />1. Additional Insured Status: The City, its officers, officials, employees, and <br />volunteers are to be covered as additional insureds on the CGL policy with respect <br />to liability arising out of work or operations performed by or on behalf of the Grantee <br />including materials, parts, or equipment furnished in connectionwith such work or <br />operations. General liability coverage can be provided in the form of an <br />endorsement to the Grantee's insurance (at least as broad as ISO Form CG 2010 <br />1185 or bothCG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 forms if <br />_ <br />later revisions used): _ .. <br />2. Primary Coverage: For any claims related to this contract, the Grantee's <br />insurance coverage shall be primary insurance primary coverage at least as broad <br />as ISO CG 20 01 0413 as respects the City, its officers, officials, employees, and <br />volunteers. Any insurance or self-insurance maintained by the City, its officers, <br />officials, employees, or volunteers shall be excess of the Grantee's insuranceand <br />shall not contribute with it. <br />3. Notice of Cancellation: Each insurance policy required above shall state that <br />coverage shall not be canceled, except with notice to the City. <br />4. Waiver of Subrogation: Grantee hereby grants to City a waiver of any right to <br />subrogation which any insurer of said Grantee may acquire against the City by <br />virtue of the payment of any loss under such insurance. Grantee agrees to obtain <br />any endorsement that may be necessary to affect this waiverof subrogation, but this <br />provision applies regardless of whether or not the City has received a waiver of <br />subrogation endorsement from the insurer. <br />
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