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Agmt17 Public Agency Retirement Services
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Agmt17 Public Agency Retirement Services
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Last modified
10/11/2017 2:09:40 PM
Creation date
10/11/2017 2:09:16 PM
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Agreement
Contractor Name
Public Agency Retirement Services
PROJECT NAME
Adoption of the Public Agencies Post-Employment Benefits Trust
Date
10/10/2017
Reso Ref
15620
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11 . 1 Coverages and Limits. Consultant, at its sole expense, shall maintain the <br /> types of coverages and minimum limits indicated below, unless otherwise <br /> approved by City in writing . These minimum amounts of coverage will not <br /> constitute any limitations or cap on Consultant's indemnification obligations under <br /> this Agreement. <br /> 11 . 1 . 1 Commercial General Liability Insurance. Consultant shall maintain <br /> occurrence based coverage with limits not less than $2, 000, 000 per <br /> occurrence. If the submitted policies contain aggregate limits, such limits <br /> will apply separately to the Services, project, or location that is the subject <br /> of this Agreement or the aggregate will be twice the required per <br /> occurrence limit. The Commercial General Liability insurance policy shall <br /> be endorsed to name the City, its officers, agents, employees and <br /> volunteers as additional insureds, and to state that the insurance will be <br /> primary and not contribute with any insurance or self-insurance <br /> maintained by the City. <br /> 11 . 1 . 2 Business Automobile Liability Insurance. Consultant shall maintain <br /> coverage with limits not less than $1 ,000,000 per each accident for <br /> owned , hired and non-owned automobiles. <br /> 11 . 1 . 3 Workers' Compensation Insurance. Consultant shall maintain <br /> coverage as required by the California Labor Code. The Workers' <br /> Compensation policy shall contain an endorsement stating that the insurer <br /> waives any right to subrogation against the City, its officers, agents, <br /> employees and volunteers. <br /> 11 . 1 .4 Employer's Liability Insurance. Consultant shall maintain coverage <br /> with limits not less than $ 1 , 000, 000 per each accident for bodily injury or <br /> disease. <br /> 11 . 1 . 5 Professional Liability Insurance. Consultant shall maintain coverage <br /> with limits not less than $ 1 , 000, 000 per occurrence. Professional Liability <br /> may be written as claims-made coverage. <br /> 11 .2. Notice of Cancellation. This insurance will be in force during the life of the <br /> Agreement and any extensions of it and will not be canceled without Consultant <br /> providing thirty (30) days prior written notice to City sent pursuant to the Notice <br /> provisions of this Agreement. <br /> 11 . 3 Providing Certificates of Insurance and Endorsements. Prior to City's <br /> execution of this Agreement, Consultant shall provide to City certificates of <br /> insurance and above-referenced endorsements sufficient to satisfaction of City's <br /> Risk Manager. In no event shall Consultant commence any work or provide any <br /> Page 4 of 13 <br /> ATTY/AGR/2017.217/PARS — SECTION 115 TRUST AGREEMENT <br /> REV: 09-19-17 MI <br />
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