Laserfiche WebLink
Self-Insured Retentions <br /> Self-insured retentions must be declared to and approved by City. At the option of City, <br /> Contractor shall cause its insurer(s) to reduce or eliminate such self-insured retentions <br /> as respects City; or Contractor shall provide a financial guarantee satisfactory to City <br /> guaranteeing payment-of losse.s.and related investigations,-claim administration,. -and- - <br /> defense expenses. <br /> Other Insurance Provisions <br /> The insurance policies are to contain, or be endorsed to contain, the following <br /> provisions: <br /> 1. City of Santa Ana., its City Council, officers, officials, employees, agents, and <br /> volunteers are to be covered as additional insureds on Contractor's CGL and AL <br /> policies with respect to liability arising out of work operations performed by or on behalf <br /> of Contractor including materials, parts, and equipment furnished in connection with <br /> such worst or operations and automobiles owned, leased, hired, or borrowed by or on <br /> behalf of Contractor. Additional insured status can be provided in the form of an <br /> -endorsement to Contractor's insurance. <br /> 2. For any claims related to this project, Contractor's insurance coverage shall be <br /> primary insurance coverage as respects City of Santa Ana, its City Council, officers, <br /> officials, employees., agents, and volunteers. Any insurance or self-insurance <br /> maintained by City of Santa Ana, its City Council, officers, officials, employees, agents, <br /> or volunteers shall not contribute with it. <br /> 3. A severability of interest provision must apply for all the additional 'insureds, ensuring <br /> that Contractor's insurance shall apply separately to each insured against whom a claim <br /> is made or suit is brought., except with respect to the insurer's limits of liability. <br /> 4. Contractor hereby grants to City a waiver of subrogation which any insurer of said <br /> Contractor may acquire against City of Santa Ana, its City Council, officers, officials, <br /> employees,agents and volunteers" by virtue of the payment of any loss under such <br /> insurance. Contractor agrees to obtain any endorsement(s) that may be necessary to <br /> affect this waiver of subrogation, but this provision applies regardless of whether or not <br /> City has received a waiver of subrogation endorsement from any insurer(s). <br /> 5. Each insurance policy required by this clause shall provide that coverage shall not be <br /> canceled, suspended, voided, reduced in scope or in limits, non-renewed by the carrier, <br /> or materially changed except after thirty (30) clays prior written notice has been given to <br /> City and ten (10) days prior written notice of policy cancellation or non-renewal due to <br /> non-payment. <br /> C-z <br /> Cooperative Cps Reimbursement Agreement far Croddy Way Street:Improvements Project 2025_0227 <br />