Laserfiche WebLink
Damage, Premises /Operations, Products /Completed Operations, Independent <br />Engineers. <br />3) Business Automobile Liability Insurance. — Limits of liability not less than <br />$1,000,000.00 per occurrence. The Engineer agrees to maintain a standard ISO <br />version Business Automobile Liability, or its equivalent, providing coverage for all <br />owned, non -owned and hired automobiles. Should the Engineer not own any <br />automobiles, the business auto liability requirement will be amended to allow the <br />Engineer to agree to maintain only Hired and Non -Owned Auto Liability. This <br />amended coverage requirement may be satisfied by way of endorsement to the <br />Commercial General Liability, or separate Business Auto policy. <br />4) Professional Liability Insurance. — Limit of liability not less than $1,000,000 per <br />occurrence Engineer agrees to maintain Professional (Errors & Omissions) <br />Liability to pay on behalf of the insured all sums which the insured will become <br />legally obligated to pay as damages by reason of any act, malpractice, error or <br />omission of the Engineer or any person employed or acting on the Engineer's behalf <br />(including but not limited to sub - contractors). For policies written on a "claims - <br />made" basis, Engineer agrees to maintain a retroactive date prior to or equal to the <br />effective date of this contract and that continuous coverage will be maintained or a <br />supplemental extended reporting period will be purchased with a minimum <br />reporting period not less than two years after the completion of this Agreement. <br />The Engineer is solely responsible for any additional premium for the supplemental <br />extended reporting period. <br />B. Endorsements/Waiver of Subrogation. The Engineer agrees to provide commercial <br />general liability insurance and motor vehicle insurance written with the City of San Marcos, Texas <br />endorsed as an additional insured. A waiver of the carrier's right of subrogation against the City <br />of San Marcos is required for each insurance policy. <br />C. Deductibles, Coinsurance Penalties, and Self- Insured Retention. Engineer agrees to be <br />fully and solely responsible for any costs or expenses as a result of a coverage deductible, <br />coinsurance penalty, or self - insured retention; including any loss not covered because of the <br />operation of such deductible, coinsurance penalty, or self - insured retention. <br />D. Subcontractor's Insurance. The Engineer will ensure that each subcontractor employed <br />by the Engineer for this Project purchases and maintains insurance of the types specified, provided <br />that the Engineer's insurance does not afford coverage on behalf of the subcontractor. <br />E. Certificate of Insurance Form. The Engineer will furnish the City with a certificate(s) <br />of insurance, executed by a duly authorized representative of each insurer, showing compliance <br />with the insurance requirements. The certificate must be from a company with an A.M. Best rating <br />of "AVII" or better and/or otherwise acceptable to the City. Certificates must be submitted using <br />the ACORD form and all endorsements must be included with the submittal. All certificates will <br />2 <br />