Agmt24 W. W. Grainger, Inc. - Laserfiche WebLink

Browse Search

REV: 10-24-24 MI 27 Machining 5 28 Power Transmission 5 29 Test Instruments 5 30 Office Supplies 5 31 Fleet and Vehicle Maintenance 5 Category discounts will remain firm for the entire Agreement. A base discount of 5% off the Grainger Contract Reference Price shall be applied at the time of purchase for all catalog items that are not in a category discount. All discounts shall be applied to prices in effect at time of purchase. III.INSURANCE 1. Insurance. Vendor will obtain and maintain for the duration of the Agreement and any and all amendments, insurance against claims for injuries to persons or damage to property, which may arise out of or in connection with delivery of the Goods or performance of the Services by Vendor or Vendor’s agents, representatives, employees or subcontractors. The insurance carrier is required to maintain an A.M. Best rating of not less than “A-: VII”. 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 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. 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 ATTY/AGR.2024.194/W.W. Grainger, Inc. (Maintenance, Repair, Operations Supplies and Equip) (Page 9 of 10)