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Agmt23 San Mateo County Transportation Authority
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Agmt23 San Mateo County Transportation Authority
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Last modified
5/26/2023 11:19:11 AM
Creation date
5/26/2023 11:18:44 AM
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Agreement
PROJECT NAME
Funding Agreement for Feasibility and Implementation Study Program Grant
RMP File Number
304
Date
5/1/2023
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REV: 02-02-23 JB <br />San Mateo County Transportation Authority/City of Redwood City <br />Redwood City TMA Feasibility and Implementation Study Project <br />19189496.2 <br />persons, firms or corporations (hereinafter collectively referred to as “Agents”) working <br />on the Project. If Sponsor itself is an Entity, Sponsor must also provide its own insurance <br />meeting the requirements of this Section. <br />a) Minimum Types and Scope of Insurance. Each Entity is required to procure and <br />maintain at its sole cost and expense insurance subject to the requirements set forth <br />below. Such insurance will remain in full force and effect throughout performance <br />of the Scope of Work. All policies will be issued by insurers acceptable to the TA <br />(generally with a Best’s Rating of A-10 or better). Each Entity is also required to <br />assess the risks associated with work to be performed by Agents and to require that <br />Agents maintain adequate insurance coverages with appropriate limits and <br />endorsements to cover such risks. To the extent that its Agent does not procure and <br />maintain such insurance coverage, an Entity is responsible for and assumes any and <br />all costs and expenses that may be incurred in securing said coverage or in fulfilling <br />Entity’s indemnity obligations as to itself or any of its Agents in the absence of <br />coverage. Entities may self-insure against the risks associated with the Scope of <br />Work, but in such case, waive subrogation in favor of the TA respecting any and <br />all claims that may arise. <br />i. Workers’ Compensation and Employer’s Liability Insurance. Worker's <br />Compensation coverage must meet statutory limits and Employer’s <br />Liability Insurance must have minimum limits of $1 (one) million. <br />Insurance must include a Waiver of Subrogation in favor of the TA. <br />ii. Commercial General Liability Insurance. The limit for Commercial <br />General Liability Insurance in each contract and subcontract cannot be less <br />than $1 (one) million. Commercial General Liability Insurance must be <br />primary to any other insurance, name the TA as an Additional Insured, <br />include a Separation of Interests endorsement and include a Waiver of <br />Subrogation in favor of the TA. <br />iii. Business Automobile Liability Insurance. The limit for Business <br />Automobile Liability Insurance in each contract and subcontract cannot be <br />less than $1 (one) million. Insurance must cover all owned, non-owned and <br />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 />ATTY/AGR.2023.017/SMCTA (RWC TMA STUDY_ACRTDM 2022) (Page 8 of 18)
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