King County Metro 12/27/2016 - Laserfiche WebLink

1. The COUNTY shall maintain property insurance for non-vehicle equipment adequate to cover the value of the Project Equipment; or 2. The COUNTY shall provide a written certificate of self-insurance to the STATE. The COUNTY will cover from its own resources the costs of repairing or replacing any Project Equipment, if it is stolen, damaged, or destroyed in any manner. B. If the damage to the Project Equipment does not result in a total loss, payments for damage shall be paid directly to the COUNTY. The COUNTY shall, within thirty (30) days, either: 1. Devote all of the insurance proceeds received to repair the Project Equipment and place it back in service, and the COUNTY shall, at its own expense, pay any portion of the cost of repair which is not covered by insurance; or 2. In the event the COUNTY certified to self-insurance, devote all funds necessary to repair the Project Equipment and place it back into service. C. If the Project Equipment is a total loss, either by theft or damage, the insurance proceeds or equivalent shall be paid directly to the COUNTY. The COUNTY shall within sixty (60) days of loss, theft, or damage, notify the STATE that it either: 1. Intends to replace the lost Project Equipment; or 2. Does not intend to replace the lost Project Equipment and shall return to the STATE its portion of the insurance proceeds, D. If the STATE determines that the total loss occurred under circumstances in which the COUNTY fulfilled its obligations under this Task Order then the STATE will either pay or rebate to the COUNTY its proportionate share of such proceeds received. E. Coverage, if obtained or provided by the COUNTY in compliance with this Section, shall not be deemed as having relieved the COUNTY of any liability in excess of such coverage as required by Section 13, Indemnification and Limitation of Liability, of GCA 6141, or otherwise. GCA 6141 Exhibit B Project Equipment Provisions Page 3 of 3