Laserfiche WebLink
less than S1 (one) million. Insurance must cover all owned, non-owned <br /> and hired autos, and include a Waiver of Subrogation in favor of the TA. <br /> iv. Property Insurance. Property Insurance must cover an Entity's and/or <br /> Agent's own equipment as well as any materials to be installed. Property <br /> Insurance must include a Waiver of Subrogation in favor of the TA. <br /> v. Professional Liability Insurance. If deemed appropriate by Sponsor or an <br /> Entity in consideration of the work required for the Project, insurance <br /> should cover each Entity's and any Agent's professional work on the <br /> Project. The limit for Professional Liability Insurance in each appropriate <br /> contract and subcontract should not be less than $ 1 million. <br /> vi. Contractors' Pollution Liability Insurance and/or Environmental Liability <br /> Insurance. If deemed appropriate by Sponsor or an Entity in consideration <br /> of the work required for the Project, insurance should cover potential <br /> pollution or environmental contamination or accidents. The limit for <br /> Pollution and/or Environmental Liability Insurance in each appropriate <br /> contract and subcontract should not be less than $ 1 million. Such <br /> insurance must name the TA as an Additional Insured and include a <br /> Waiver of Subrogation in favor of the TA. <br /> vii. Railroad Protective Liability Insurance. Insurance is required if the <br /> Project will include any construction or demolition work within 50 feet of <br /> railroad tracks. The limit for Railroad Protective Liability Insurance in <br /> each appropriate contract and subcontract cannot be less than $2 million <br /> per occurrence and $6 million annual aggregate. <br /> b) Excess or Umbrella Coverage. Sponsor and/or any other Entity may opt to <br /> procure excess or umbrella coverage to meet the above requirements, but in such <br /> case, these policies must also satisfy all specified endorsements and stipulations <br /> for the underlying coverages and include provisions that the policy holder's <br /> insurance is to be primary without any right of contribution from the TA. <br /> c) Deductibles and Retentions. Sponsor must ensure that deductibles or retentions <br /> on any of the above insurance policies are paid without right of contribution from <br /> the TA. Deductible and retention provisions cannot contain any restrictions as to <br /> how or by whom the deductible or retention is paid. Any deductible or retention <br /> provision limiting payment to the named insured is unacceptable. <br /> In the event that any policy contains a deductible or self-insured retention, and in <br /> the event that the TA seeks coverage under such policy as an additional insured, <br /> Sponsor will ensure that the policy holder satisfies such deductible to the extent of <br /> loss covered by such policy for a lawsuit arising from or connected with any <br /> alleged act or omission of the Entity or Agents, even if neither the Entity nor <br /> Agents are named defendants in the lawsuit. <br /> San Mateo County Transportation Authority/City of Redwood City <br /> Kennedy Safe Routes to School Project <br /> May 28, 2014 boilerplate 12469939.2 <br /> 8 <br /> REV: 07-18-16 VR <br /> ATTY/AGR/2016.192/SMCTA - KENNEDY SRTS <br />