Agmt24 Stevens Creek Quarry, Inc.

Browse Search

REV: 07-16-24 LF 1.1 Coverages and Limits. Vendor, at its sole expense, will maintain the types of coverages and minimum limits indicated below, unless otherwise approved by City in writing. These minimum amounts of coverage will not constitute any limitations or cap on Vendor's indemnification obligations under this Agreement. 1.1.1 Commercial General Liability Insurance. Vendor will maintain occurrence based coverage with limits not less than $2,000,000 per occurrence. If the submitted policies contain aggregate limits, such limits will apply separately to the Services, project, or location that is the subject of this Master Purchase Agreement or the aggregate will be twice the required per occurrence limit. The Commercial General Liability insurance policy will be endorsed to name the City, its officers, agents, employees and volunteers as additional insureds, and to state that the insurance will be primary and not contribute with any insurance or self-insurance maintained by the City. 1.1.2 Business Automobile Liability Insurance. Vendor will maintain coverage with limits not less than $1,000,000 per each accident for owned, hired and non-owned automobiles. 1.1.3 Workers' Compensation and Employer's Liability Insurance. Vendor will maintain coverage as required by the California Labor Code and Employer’s Liability limits with limits not less than $1,000,000 per each accident for bodily injury or disease. The Worker’s Compensation policy will contain an endorsement stating that the insurer waives any right to subrogation against the City, its officers, agents, employees, and volunteers. The Workers’ Compensation and Employer’s Liability Insurance will not be required if Vendor provides the City with a declaration, to the City’s satisfaction, that Vendor has no employees. 1.2. Notice of Cancellation. This insurance will be in force during the life of the Agreement and any extensions of it and will not be canceled without Vendor providing thirty (30) days prior written notice to City sent pursuant to the Notice provisions of this Agreement. 1.3 Providing Certificates of Insurance and Endorsements. Prior to City’s execution of this Agreement, Vendor will provide to City certificates of insurance and above-referenced endorsements sufficient to satisfaction of City’s Risk Manager. In no event will Vendor commence any work or provide any Services under this Agreement until certificates of insurance and endorsements have been accepted by City’s Risk Manager. 1.4 Failure to Maintain Coverage. If Vendor fails to comply with these insurance requirements, then City will have the option to declare Vendor in breach, or may purchase replacement insurance or pay the premiums that are due on existing policies in order to maintain the required coverages. Vendor is responsible for any ATTY/AGR.2024.110/Stevens Creek Quarry, Inc. (Purchase of Backfill Materials) (Page 9 of 10)