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• (N) City Assistance <br /> The successful bidder(s) must be willing to provide assistance to the City <br /> Manager in the administration of its insurance program. To this end each <br /> bidder must submit a written statement indicating what procedure it will <br /> use to provide the City with a timely report as to the disposition of <br /> claims; a procedure that will be followed as to a regular review of City <br /> insurance needs to determine the adequacy of coverage and adjustments needed <br /> and in general the type of service that can be anticipated from the <br /> company. Such statement will be used as a partial determination of the <br /> award of bids and will be used during the life of the contracts to determine <br /> if insurance shall be continued with the original successful bidder. <br /> The successful proposer shall furnish a division or breakdown of premiums <br /> as may be required by the City and shall render a detailed report of all <br /> losses and reserves at least annually. <br /> (0) One factor which may have an important bearing on true cost is the existence <br /> or absence of gaps or overlaps between coverages. provided by different <br /> insurers. For that reason , favorable consideration will be given by the City <br /> to proposals submitted through one insurer. All insurers shall attach <br /> to their policies an ''Overlap Endorsement'' (Attachment A) , or other <br /> legally valid written evidence to the same effect. <br /> The Overlap Endorsement provides that in the event of an insured loss over <br /> • which there is a valid dispute to which insurer is liable , each insurer <br /> agrees that if ultimately held liable for the loss , it will reimburse the <br /> City for all expenses necessarily incurred .by the City to determine which <br /> insurer is liable. Reimbursements shall be made only if liability is <br /> actually established or compromised and then , if shared by more than one <br /> insurer, in the proportion that loss payment is made. <br /> Examples of the need for this agreement arise 7n attempting to fix responsi - <br /> bility in areas which include the following : <br /> Explosion Losses - Fire and Extended Coverage v. Boiler and Machinery ; <br /> All Risks v. Primary Named Perils ; <br /> Crime Losses - Theft or Mysterious Disappearance v. Fidelity; <br /> Loading and Unloading Losses - General Liability v. Automobile Liability; <br /> Workmen ' s Compensation v. General Automobile Liability. <br /> • <br />