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PYRAMID GROUP INTERNATIONAL, INC. (5)
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PYRAMID GROUP INTERNATIONAL, INC. (5)
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Last modified
8/26/2024 3:06:57 PM
Creation date
8/26/2024 2:58:36 PM
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Contracts
Company Name
PYRAMID GROUP INTERNATIONAL, INC.
Contract #
N-2024-289
Agency
Public Works
Expiration Date
6/30/2025
Insurance Exp Date
3/22/2025
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7. INSURANCE <br />Prior to undertaking performance of work under this Agreement, Consultant shall <br />maintain and shall require its subcontractors, if any, to obtain and maintain insurance as <br />described below for the entire Term of this Agreement against claims for injuries to persons or <br />damage to property which may arise from or in connection with services, products and materials <br />supplied to City. Total cost of such insurance shall be borne by Consultant. <br />a. Minimum Scope and Limit of Insurance <br />1. Commercial General Liability (CGL): Insurance Services Office Form CG <br />00 01 covering CGL on an "occurrence" basis, including products and <br />completed operations, property damage, bodily injury and personal & <br />advertising injury with limits no less than $1,000,000 per occurrence and <br />$2,000,000 aggregate. Required policy limits can be met with primary and <br />umbrella/excess insurance policies. <br />2. Automobile Liability: ISO Form Number CA 00 01 covering any auto (Code <br />1) with a limit no less than $1,000,000 combined single limits. <br />3. Workers' Compensation: 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. <br />4. Professional Liability Insurance: with limits no less than $1,000,000 per <br />occurrence or claim, and $2,000,000 aggregate. <br />5. Broader Coverage: if the Consultant maintains broader coverage and/or <br />higher limits than the minimums shown above, the City requires and shall be <br />entitled to the broader coverage and/or the higher limits maintained by the <br />Consultant. Any available insurance proceeds in excess of the specified <br />minimum limits of insurance and coverage shall be available to the City. <br />b. Other Insurance Provisions <br />1. Additional Insured Status: The City, its City Council, its officers, officials, <br />employees, and volunteers are to be covered as additional insureds on the <br />Consultant's CGL, Professional Liability, and Automobile Liability policies, <br />with respect to liability arising out of work or operations performed by or on <br />behalf of the Consultant including materials, parts, or equipment furnished in <br />connectionwith such work or operations. <br />2. Waiver of Subrogation: Consultant hereby grants to City a waiver of any <br />right to subrogation that any insurer of said Consultant may acquire against <br />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 <br />Page 3 of 9 <br />
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