Proterra Inc 6/18/2018 - Laserfiche WebLink

Informational Addendum—GCB2819 Washington's Department of Transportation requires the City of Everett(referred to as the "CONTRACTOR")to include and manage the following clauses in all contracts and invitations to bid Section 22 Loss or Damage to Project Equipment A. The CONTRACTOR, at its own expense, shall cover any loss, theft, damage, or destruction of the Project Equipment using either of the following methods: 1. The CONTRACTOR shall maintain comprehensive and collision insurance for vehicles and property insurance for non-vehicle equipment adequate to cover the value of the Project Equipment;the CONTRACTOR shall supply a copy of the Certificate of Insurance specifying such coverage to WSDOT with the first request for reimbursement, and supply proof of renewal, annually thereafter; or 2. The CONTRACTOR shall provide a written certificate of self-insurance to WSDOT with the first request for reimbursement, annually thereafter.The CONTRACTOR 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 CONTRACTOR. The CONTRACTOR 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 CONTRACTOR 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 CONTRACTOR 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 WSDOT.The CONTRACTOR shall within sixty(60) days of loss,theft, or damage, notify WSDOT that it either: 1. Intends to replace the lost Project Equipment;or 2. Does not intend to replace the lost Project Equipment. D. If WSDOT determines that the total loss occurred under circumstances in which the CONTRACTOR fulfilled its obligations under this AGREEMENT then WSDOT will either pay, or rebate,to the CONTRACTOR its proportionate share of such proceeds paid to WSDOT. E. Coverage, if obtained or provided by the CONTRACTOR in compliance with this section, shall not be deemed as having relieved the CONTRACTOR of any liability in excess of such coverage as required by the limitation of liability section of this AGREEMENT,or otherwise.