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business in the state of California with a current A.M. Best rating of no less than A:VII, unless
<br /> otherwise acceptable to City.
<br /> Verification of Coverage. Vendor shall furnish City with original Certificates of
<br /> Insurance including all required amendatory endorsements (or copies of the applicable policy
<br /> language effecting coverage required by this clause) and a copy of the Declarations and
<br /> Endorsement Page of the CGL policy listing all policy endorsements to Entity before work begins.
<br /> However, failure to obtain the required documents prior to the work beginning shall not waive
<br /> Vendor's obligation to provide them. City reserves the right to require complete, certified copies
<br /> of all required insurance policies, including endorsements required by these specifications, at any
<br /> time.
<br /> Claims Made Policies. If any of the required policies provide coverage on a claims-made
<br /> basis;
<br /> • The retroactive date must be shown and must be before the date of the contract or the
<br /> beginning of work.
<br /> • Insurance must be maintained and evidence of insurance must be provided for at least
<br /> three(3) years after completion of work.
<br /> • If coverage is canceled or non-renewed, and not replaced with another claims-made
<br /> policy form with a retroactive date prior to the contract effective date, Company must
<br /> purchase "extended reporting" coverage for a minimum of three (3) years after
<br /> completion of work.
<br /> Subcontractors. Vendor shall require and verify that all sub-contractors maintain
<br /> insurance meeting all the requirements stated herein, and Vendor shall ensure that City is an
<br /> additional insured on insurance required from sub-contractors.
<br /> Special Risks or Circumstances. City reserves the right to modify these requirements,
<br /> including limits,based on the nature of the risk,prior experience,insurer,coverage,or other special
<br /> circumstances
<br /> 7. INDEMNIFICATION
<br /> Vendor agrees to defend, and shall indemnify and hold harmless the City, its officers,
<br /> agents, employees, contractors, special counsel, and representatives from liability: (1)for personal
<br /> injury, damages,just compensation,restitution,judicial or equitable relief arising out of claims for
<br /> personal injury, including death, and claims for property damage, which may arise from the
<br /> negligent operations of the Contractor, its subcontractors, agents, employees, or other persons
<br /> acting on its behalf which relates to the services described in section 1 of this Agreement; and(2)
<br /> from any claim that personal injury, damages,just compensation, restitution,judicial or equitable
<br /> relief is due by reason of the terms of or effects arising from this Agreement. This indemnity and
<br /> hold harmless agreement applies to all claims for damages,just compensation, restitution,judicial
<br /> or equitable relief suffered, or alleged to have been suffered,by reason of the events referred to in
<br /> this Section or by reason of the terms of, or effects, arising from this Agreement. The Vendor
<br /> further agrees to indemnify, hold harmless, and pay all costs for the defense of the City, including
<br /> fees and costs for special counsel to be selected by the City, regarding any action by a third party
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