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GeoTest Services Inc 9/12/2019
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GeoTest Services Inc 9/12/2019
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Entry Properties
Last modified
9/13/2019 10:12:48 AM
Creation date
9/13/2019 10:12:28 AM
Metadata
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Contracts
Contractor's Name
GeoTest Services Inc
Approval Date
9/12/2019
End Date
4/30/2020
Department
Facilities
Department Project Manager
Ruben Sanchez
Subject / Project Title
Everpark Garage Structural Repairs Project
Tracking Number
0001993
Total Compensation
$23,396.00
Contract Type
Agreement
Contract Subtype
Professional Services
Retention Period
6 Years Then Destroy
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D. Blanket Waiver Of Transfer Of Rights Of Recovery Against Others To Us <br /> The Transfer Of Rights Of Recovery Against Others To Us Condition (SECTION IV — COMMERCIAL GENERAL <br /> LIABILITY CONDITIONS) is amended by the addition of the following: <br /> We waive any right of recovery we may have against any person or organization to whom you by written contract or written <br /> agreement have waived your own right or recovery for loss caused by that person or organization because of payments we <br /> make for injury or damage arising out of your ongoing operations or"your work" done under a written contract or written <br /> agreement with that person or organization and included in the"products-completed operations hazard." <br /> This provision does not apply unless the written contract or written agreement has been executed prior to the"occurrence"or <br /> offense giving rise to the"bodily injury" or"property damage." <br /> E. Voluntary Property Damage Coverage <br /> 1. We will,at your request,pay but not defend any claim for"property damage"to the property of others otherwise excluded <br /> under A.2.j.(4), (5) and (6) of the COMMERCIAL GENERAL LIABILITY COVERAGE FORM provided that: <br /> a. Such "property damage"takes place while such property is in your care, custody or control, or is property of others <br /> over which you, for any purpose, are exercising or have exercised physical control; and <br /> b. Such "property damage"takes place away from any premises you own, rent or lease; and <br /> c. Such "property damage"takes place within the "coverage territory"and during the policy term; and <br /> d. Such "property damage"takes place only during your operations that are known to us,are scheduled on the policy <br /> and for which a premium has been charged. <br /> 2. The insurance under this additional coverage does not apply to"property damage"to property: <br /> a. Held by you for servicing, repair, storage or sale at premises owned by, rented or leased to you; <br /> b. While being transported by or caused by the ownership, maintenance,operation, use,"loading or unloading"of any <br /> "auto,"watercraft or aircraft; or <br /> c. Owned or occupied by or rented to you. <br /> 3. Deductible <br /> This additional coverage will apply only to that amount of any loss in each "occurrence"that exceeds$500. <br /> The terms of the policy with respect to your duties in the event of"occurrence,"claim or"suit"and the Company's right to <br /> investigate, negotiate and settle any claim or"suit"apply irrespective of the application of the deductible amount of$500. <br /> We may pay any part or all of the deductible amount of$500 to effect settlement of any claim or"suit."Upon notification <br /> of the action taken, you must promptly reimburse us for such part of the deductible amount as has been paid by us. <br /> 4. Limits of Liability <br /> The Limit of Liability for this additional coverage shall not exceed $2,500 for each "occurrence" and is the limit of the <br /> Company's liability for all damages on account of each claim or"suit"covered herein. The annual aggregate Limit of <br /> Liability is$2,500 and is, subject to the above provisions respecting each claim,the total limit of the Company's liability <br /> for all damages. <br /> 5. Settlement <br /> In the event of loss covered by this additional coverage,you shall, if requested by us,replace the property or furnish the <br /> labor and materials necessary for repairs thereto at actual cost to you,excluding prospective profit or overhead charges <br /> of any nature. Any property so paid for or replaced shall,at our option, become the property of the Company. Payment <br /> hereunder shall not constitute an admission of liability of you or, except as stated herein, of the Company. <br /> Additional Conditions <br /> A. Insurance Under Two Or More Coverages <br /> The following is added to Paragraph C. Insurance under Two or More Coverages of the COMMERCIAL PROPERTY <br /> CONDITIONS: <br /> If a Coverage Form is attached to this policy that provides a limit for any coverage provided by this endorsement;the limit <br /> shown in the SCHEDULE and the coverage provided by this endorsement are deleted and replaced by the limit and <br /> coverage provided by the Coverage Form. <br /> B. Limits Of Insurance <br /> Regardless of the number of buildings at a location covered by this endorsement,the most we will pay under this Coverage <br /> Enhancement endorsement in any one occurrence is the applicable Limits of Insurance shown in the SCHEDULE on page 1 <br /> of this endorsement. <br /> Page 22 of 25 Includes copyrighted material of Insurance Services Office, Inc.and MP 97 67 10 10 <br /> American Association of Insurance Services, Inc.,with their permission <br />
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