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Agmt24 CDCE Purchase Agreement
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Agmt24 CDCE Purchase Agreement
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Last modified
2/14/2024 2:26:39 PM
Creation date
2/14/2024 2:26:27 PM
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Template:
Agreement
Contractor Name
Purchase Agreement
PROJECT NAME
PURCHASE AGREEMENT FOR GOODS, COMMODITIES, AND SERVICES
RMP File Number
304.5
Date
2/9/2024
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REV: 01-25-24 VR <br />property, including but not limited to infringement of copyright, trademark, <br />trade dress, invasion of privacy violations, information theft, damage to or <br />destruction of electronic information, release of private information, <br />alteration of electronic information, extortion and network security. The <br />policy will provide coverage for breach response costs as well as regulatory <br />fines and penalties, as well as credit monitoring expenses with limits <br />sufficient to respond to these obligations. The policy will be primary and <br />non-contributory. <br />1.2. 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 Vendor <br />providing thirty (30) days prior written notice to City sent pursuant to the Notice <br />provisions of this Agreement. <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 />ATTY/AGR.2023.321/CDCE (Purchase Agreement) (Page 9 of 10)
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