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20A - RAIROAD ENHANCEMENTS
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20A - RAIROAD ENHANCEMENTS
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1/3/2012 4:10:54 PM
Creation date
2/24/2010 3:55:00 PM
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City Clerk
Doc Type
Agenda Packet
Item #
20A
Date
3/1/2010
Destruction Year
2015
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<br /> Contractor's ROE (Generic) - ExC <br /> Form Approved -AVP Law OS-15-07 BUILD1111G AMERICA' <br /> G. .II policy(ies) required above (except worker's compensation and employers liability) must include Railroad as "Additional <br /> Insured° using ISO Additional Insured Endorsements CG 20 26, and CA 20 48 (or substitute forms providing equivalent <br /> coverage). The coverage provided to Railroad as additional insured shall, to the extent provided under ISO Additional Insured <br /> Endorsement CG 20 26, and CA 20 48 provide coverage for Railroad's negligence whether sole or partial, active or passive, and <br /> shall not be limited by Contractor's liability under the indemnity provisions of this Agreement. <br /> H. Punitive damages exclusion, if any, must be deleted (and the deletion indicated on the certificate of insurance), unless the law <br /> governing this Agreement prohibits all punitive damages that might arise under this Agreement. <br /> 1. Contractor waives all rights of recovery, and its insurers also waive all rights of subrogation of damages against Railroad and its <br /> agents, officers, directors and employees. This waiver must be stated on the certificate of insurance. <br /> J. Prior to commencing the work, Contractor shall furnish Railroad with a certificate(s) of insurance, executed by a duly authorized <br /> representative of each insurer, showing compliance with the insurance requirements in this Agreement. <br /> K. All insurance policies must be written by a reputable insurance company acceptable to Railroad or with a current Sest's <br /> Insurance Guide Rating of A- and Class VII or better, and authorized to do business in the state where the work is being <br /> performed. <br /> L. The fact that insurance is obtained by Contractor or by Railroad on behalf of Contractor will not be deemed to release or diminish <br /> the liability of Contractor, including, without limitation, liability under the indemnity provisions of this Agreement. Damages <br /> recoverable by Railroad from Contractor or any third party will not be limited by the amount of the required insurance coverage. <br /> Contractor's ROE (Generic) - ExC Page 2 of 2 F~chibit C <br /> Form Approved -AVP Law Ot3-15-07 Contractor's Insurance Requirements <br /> 20A-27 <br /> <br />
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