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AgdaPkt 2020-02-24 Joint SA PFA
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AgdaPkt 2020-02-24 Joint SA PFA
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Last modified
10/1/2020 11:28:52 AM
Creation date
2/20/2020 5:56:17 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/20/2020
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6.C. -Page 13 of 13 <br />1.3 Providing Certificates of Insurance and Endorsements. Prior to City's <br />execution of this Agreement, Vendor will provide to City certificates of insurance <br />and above -referenced endorsements sufficient to satisfaction of City's Risk <br />Manager. In no event will Vendor commence any work or provide any Services <br />under this Agreement until certificates of insurance and endorsements have been <br />accepted by City's Risk Manager. <br />1.4 Failure to Maintain Coverage. If Vendor fails to comply with these insurance <br />requirements, then City will have the option to declare Vendor in breach, or may <br />purchase replacement insurance or pay the premiums that are due on existing <br />policies in order to maintain the required coverages. Vendor is responsible for any <br />payments made by City to obtain or maintain insurance and City may collect these <br />payments from Vendor or deduct the amount paid from any sums due Vendor <br />under this Agreement. <br />1.5 Submission of Insurance Policies. City reserves the right to require, at any <br />time, complete copies of any or all required insurance policies and endorsements. <br />REV: 11-27-19 RL <br />ATTY/AGR.2019.297/L.N. Curtis and Sons (Page 9 of 9) 41 <br />
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