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OROZCO, LISANDRO
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Last modified
6/18/2024 8:43:01 AM
Creation date
6/18/2024 8:43:00 AM
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Contracts
Company Name
OROZCO, LISANDRO
Contract #
N-2024-196
Agency
Community Development
Expiration Date
6/1/2027
Insurance Exp Date
1/1/1900
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Primary Coverage <br /> For any claims related to this contract, the Consultant's insurance coverage shall be primary <br /> insurance coverage at least as broad as ISO CG 20 01 04 13 as respects the City, its officers, <br /> officials, employees, and volunteers. Any insurance or self-insurance maintained by the City, its <br /> officers, officials, employees, or volunteers shall be excess of the Consultant's insurance and shall <br /> not contribute with it. <br /> Notice of Cancellation <br /> Each insurance policy required above shall provide that coverage shall not be canceled, except <br /> with notice to the City. <br /> Waiver of Subrogation <br /> Consultant hereby grants to City a waiver of any right to subrogation which any insurer of said <br /> Consultant may acquire against the City by virtue of the payment of any loss under such insurance. <br /> Consultant agrees 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 received a waiver <br /> of subrogation endorsement from the insurer. <br /> Self-Insured Retentions <br /> Self-insured retentions must be declared to and approved by the City. The City may require the <br /> Consultant to purchase coverage with a lower retention or provide proof of ability to pay losses <br /> and related investigations, claim administration, and defense expenses within the retention. <br /> Acceptability of Insurers <br /> Insurance is to be placed with insurers authorized to conduct business in the state with a current <br /> A.M. Best's rating of no less than A:VII, unless otherwise acceptable to the City. <br /> Verification of Coverage <br /> Consultant shall furnish City with original Certificates of Insurance including all required <br /> amendatory endorsements(or copies of the applicable policy language effecting coverage required <br /> by this clause) and a copy of the Declarations and Endorsement Page of the CGL policy listing all <br /> policy endorsements to City before work begins. However, failure to obtain the required <br /> documents prior to the work beginning shall not waive Consultant's obligation to provide them. <br /> City reserves the right to require complete, certified copies of all required insurance policies, <br /> including endorsements required by these specifications, at any time. <br /> Claims Made Policies <br /> If any of the required policies provide claims-made coverage: <br /> 1. The Retroactive Date must be shown, and must be before the date of the contract or the <br /> beginning of contract work. <br /> 2. Insurance must be maintained and evidence of insurance must be provided for at least three(3) <br /> years after completion of the contract of work. <br /> Page 4 of 10 <br /> #395249v1 <br />
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