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KPFF INC 12/16/2014
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KPFF INC 12/16/2014
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Last modified
8/21/2019 1:29:22 PM
Creation date
8/21/2019 1:28:21 PM
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Contracts
Contractor's Name
KPFF INC
Approval Date
12/16/2014
Council Approval Date
12/3/2014
Department
Administration
Department Project Manager
Heather Griffin
Subject / Project Title
Grand Avenue Park Bridge Design
Tracking Number
0001970
Total Compensation
$1,750,000.00
Contract Type
Agreement
Retention Period
6 Years Then Destroy
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Exhibit H <br /> Liability Insurance Increase <br /> To Be Used Only If Insurance Requirements Are Increased <br /> The professional liability limit of the CONSULTANT to the AGENCY identified in Section XIII,Legal Relations <br /> and Insurance of this Agreement is amended to$ <br /> The CONSULTANT shall provide Professional Liability insurance with minimum per occurrence limits in the <br /> amount of$ <br /> Such insurance coverage shall be evidenced by one of the following methods: <br /> • Certificate of Insurance. <br /> • Self-insurance through an irrevocable Letter of Credit from a qualified financial institution. <br /> Self-insurance through documentation of a separate fund established exclusively for the payment of professional <br /> liability claims, including claim amounts already reserved against the fund, safeguards established for payment <br /> from the fund, a copy of the latest annual financial statements, and disclosure of the investment portfolio for <br /> those funds. <br /> Should the minimum Professional Liability insurance limit required by the AGENCY as specified above exceed <br /> $1 million per occurrence or the value of the contract,whichever is greater,then justification shall be submitted <br /> to the Federal Highway Administration(FHWA)for approval to increase the minimum insurance limit. <br /> If FHWA approval is obtained,the AGENCY may, at its own cost, reimburse the CONSULTANT for the additional <br /> professional liability insurance required. <br /> Notes: Cost of added insurance requirements: $ <br /> • Include all costs, fee increase,premiums. <br /> • This cost shall not be billed against an FHWA funded project. <br /> • For final contracts, include this exhibit. <br /> Agreement Number: 3 588 <br /> WSDOT Form 140-089 EF Exhibit H Page 1 of 1 <br /> Revised 10/30/2014 <br />
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