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2003-08-11 Regular Meeting
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2003-08-11 Regular Meeting
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City Meetings
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City Council
Meeting Doc Type
Minutes
Date
8/11/2003
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• <br />Bodily Injury <br />(Occurrence Basis) <br />Property Damage <br />-(Occurrence Basis) <br />$1,000,000 each occurrence, or <br />equivalent, subject to a <br />$1,000,000 aggregate applicable <br />to the Project. <br />$100,000 each occurrence, or <br />equivalent, subject to a <br />$1,000,000 aggregate applicable <br />to the Project. <br />This policy- shall be on a form acceptable to Indemnitees, endorsed to include the <br />Indemnitees as additional insureds, contain a Waiver 'of Subrogation in favor of the <br />Indemnitees, and shall include the following coverages: <br />(1) Premises/Operations <br />(2) Independent Contractors <br />(3) Liquor and Product Liability <br />(4) . Broad Form Contractual Debility specifically in support of, but not limited to, the <br />indemnity provisions contained herein Broad Form Property Damage <br />(6) Personal Injury Liability with employee and contractual exclusions removed <br />Bodily Injury $500,000 combined single limit Property <br />Damage $500,000 combined single limit <br />2.01 Indemnitor's Equipment Policy.: Any such insurance policy covering Indemnitor's <br />or its subcontractor's equipment against loss by physical damage shall include an <br />endorsement waiving the insurer's .right of subrogation against the Indemnitees. Such <br />insurance shall be Indemnitor's and its subcontractor's sole and complete means of <br />recovery for any such loss. Should Indemnitor or its subcontractors choose to self -insure <br />this risk, it is expressly agreed that the Indemnitor and its sub hereby waive any claim for <br />damage or loss to said equipment in favor of the Indemnitees. <br />2.02 Evidence of Insurance: Evidence of the insurance coverage required to be <br />maintained by the Indemnitor under this Agreement, represented by Certificates of <br />Insurance issued by the insurance carrier, must be furnished to the Indemnitees prior to <br />Indemnitor commencing the Work. Such Certificates of Insurance shall specify the <br />additional insured status required by this Agreement, waivers of subrogation, that all <br />broad form general liability coverages are provided -and other requirements set forth in <br />this Agreement, and shall state that the Indemnitees will be notified in writing thirty (30) <br />14of20 <br />
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