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Agenda Packets - 2024/12/09
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Agenda Packets - 2024/12/09
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Last modified
1/28/2025 4:51:37 PM
Creation date
12/17/2024 3:48:16 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/9/2024
Supplemental fields
City Council Document Type
Packets
Date
12/9/2024
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4. General Insurance Requirements <br /> a. All policies must be written on an occurrence basis or as acceptable to the City. <br /> Certificates of insurance must indicate if the policy is issued on a claims-made or <br /> occurrence basis. Agent must state on the certificate if company carries errors and <br /> omissions coverage. <br /> b. The Provider may not commence any work until Certificates of Insurance covering <br /> all of the insurance required for this project is approved and the Project manager <br /> has issued a notice to proceed. Insurance must remain in place for the duration of <br /> the original contract and any extension periods. <br /> c. The City reserves the right to review Provider's insurance policies at any time to <br /> verify that City requirements have been met. <br /> d. Satisfaction of policy limits required above for General Liability Insurance, may be <br /> met with the purchase of an umbrella or excess policy. <br /> Any excess or umbrella policy will be written on an occurrence basis, and if such policy is not <br /> written by the same insurance carrier, the proof of underlying policies shall be provided with <br /> any certificate of insurance. <br /> Force Majeure. <br /> Neither the City nor the Provider may be held responsible for performance if its performance is <br /> prevented by acts or events beyond the party's reasonable control, including, but not limited <br /> to: severe weather and storms, earthquake or other natural occurrences, demonstrations, <br /> strikes and other labor unrest, power failures, electrical power surges or current fluctuations, <br /> nuclear or other civil military emergencies, or acts of legislative,judicial, executive. <br /> Entire Agreement. <br /> It is understood and agreed that this entire Agreement supersedes all oral agreements and <br /> negotiations between the parties relating to the subject matters of the Agreement. <br /> Page 8 of 9 <br />
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