KLB Construction 6/22/2016 - Laserfiche WebLink

PR VISIONS CITY OF EVERETT SPECIALO ' - Contract. The policy shall state that coverage is claims made, and state the retroactive date. Claims-made form coverage shall be maintained by the Contractor for a minimum of 36 months following the Final Completion or earlier termination of this Contract, and the Contractor shall annually provide the City with proof of renewal. If renewal of the claims made form of coverage becomes unavailable, or economically ' prohibitive, the Contractor shall purchase an extended reporting period, "tail", or execute another form of guarantee acceptable to the City to assure financial responsibility for liability for services performed. ' The insurance policies shall contain a "cross liability" provision. The Contractor's and all subcontractors' insurance coverage shall be primary and non- contributory insurance as respects the City's insurance, self-insurance, or insurance ' pool coverage. All insurance policies and Certificates of Insurance shall include a requirement providing for a minimum of 30 days prior written notice to the City of any cancellation in any insurance policy. Upon request, the Contractor shall forward to the City a full and certified copy of the insurance policy(s). ' The Contractor shall not begin Work under the Contract until the required insurance has been obtained and approved by the City. ' Failure on the part of the Contractor to maintain the insurance as required shall constitute a material breach of Contract, upon which the City may, after giving five business days notice to the Contractor to correct the breach, immediately terminate the Contract or, at its discretion, procure or renew such insurance and pay any and all ' premiums in connection therewith, with any sums so expended to be repaid to the City on demand, or at the sole discretion of the City, offset against funds due the Contractor from the City. All costs for insurance shall be included in the unit or lump sum prices of the Contract and no additional payment will be made. 1-07.18(2) Additional Insured All insurance policies, with the exception of Professional Liability and Workers Compensation, shall name the following listed entities as additional insured(s): • The City and its officers, elected officials, employees, agents, and volunteers The above-listed entities shall be additional insured(s) for the full available limits of liability maintained by the Contractor, whether primary, excess, contingent or otherwise, irrespective of whether such limits maintained by the Contractor are greater than those required by this Contract, and irrespective of whether the Certificate of Insurance provided by the Contractor pursuant to 1-07.18(3) of this section describes ' limits lower than those maintained by the Contractor. 1-07.18(3) Subcontractors Contractor shall ensure that each Subcontractor of every tier obtains and maintains at ' a minimum the insurance coverages listed in 1-07.18(5)A and 1-07.18(5)B of this section. Upon request of the City, the Contractor shall provide evidence of such insurance. ' 1-07.18(4) Evidence of Insurance The Contractor shall deliver to the City a Certificate(s) of Insurance and endorsements for each policy of insurance meeting the requirements set forth herein when the ' SEWER SYSTEM REPLACEMENT AND CAPACITY IMPROVEMENTS SEWER "M" PHASE II WO No.- UP3470-10 Division 1 -GENERAL REQUIREMENTS April 2016 SP-105