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Res 2012-095
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Res 2012-095
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9/10/2012 10:22:32 AM
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8/9/2012 4:03:45 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2012-95
Date
8/7/2012
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behalf (including but not limited to sub - contractors). For policies written on a <br />"claims- made" basis, Engineer agrees to maintain a retroactive date prior to or <br />equal to the effective date of this contract and that continuous coverage will be <br />maintained or a supplemental extended reporting period will be purchased with a <br />minimum reporting period not less than two years after the completion of this <br />Agreement. The Engineer is solely responsible for any additional premium for <br />the supplemental 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, <br />Texas endorsed as an additional insured. A waiver of the carrier's right of subrogation against <br />the City of San Marcos is required for each insurance policy. <br />C. Deductibles, Coinsurance Penalties, and Self- Insured Retention. Engineer agrees to <br />be 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, <br />provided 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 <br />rating of "AVII" or better and /or otherwise acceptable to the City. Certificates must be <br />submitted using the ACORD form and all endorsements must be included with the submittal. <br />All certificates will provide that coverage under the policies will not be canceled or non - renewed <br />until at least thirty (30) calendar days prior written notice, or ten (10) calendar days notice of <br />cancellation due to the non - payment of premiums is given to the City. Failure of the Engineer to <br />demand a certificate or other sufficient evidence of full compliance with these insurance <br />requirements or failure of the Engineer to identify a deficiency from the evidence that is <br />provided as proof of insurance will not be construed as a waiver of the Engineer's obligation to <br />maintain the required insurance coverage specified herein. If, in the event the City is notified <br />that a required insurance coverage will cancel or non -renew during the contract period, the <br />Engineer agrees to furnish prior to the expiration of such insurance, a new or revised <br />certificate(s) as proof that equal and like coverage is in effect. The City reserves the right, but <br />not the obligation, to withhold payment to the Engineer until coverage is reinstated. Certificates <br />and notices will be given to the City at the following address: <br />City of San Marcos <br />Attn: Engineering and Capital Improvements Department <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br />F. Right to Review and Adiust. The City reserves the right to review these requirements <br />and to modify insurance coverage and their limits when deemed necessary and prudent. <br />,:01 <br />
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