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2015_0302_CCpacket
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2015_0302_CCpacket
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ii.Broad Form Contractual Liability coverage; and <br />iii.Broad Form Property Damage coverage, including Completed <br />Operations. <br />d.During the entire term of this Agreement, Manager shall procure, maintain <br />and pay for professional liability insurance which insures the payment of <br />damages for liability arising out of the performance of professional services <br />for the City, in the insured’s capacity as the Manager, if such liability is <br />caused by an error, omission, or negligent act of the insured or any person or <br />organization for whom the insured is liable. Said policy shall provide an <br />aggregate limit of at least $2,000,000.00. Said policy shall not name the City <br />as an insured. <br />e.The Manager shall maintain in effect all insurance coverage’s required under <br />this Agreement at Manager’s sole expense and with insurance companies <br />licensed to do business in the state in Minnesota and having a current A.M. <br />Best rating of no less than A-, unless otherwise agreed to by the City in <br />writing. In addition to the requirements stated above, the following applies to <br />the insurance policies required under this Provision: <br />i.All policies, except the Professional Liability Insurance Policy, shall <br />be written on an “occurrence” form (“claims made” and “modified <br />occurrence” forms are not acceptable); <br />ii.All policies, except the Professional Liability Insurance Policy and the <br />Worker’s Compensation Policy, shall name “the City of Roseville” as <br />an additional insured; <br />iii.All policies, except the Professional Liability Insurance and Worker’s <br />Compensation Policies, shall contain a waiver of subrogation naming <br />“the City of Roseville.” <br />iv.All policies, except the Professional Liability Insurance Policy and the <br />Worker’s Compensation Policy, shall insure the defense and <br />indemnify obligations assumed by Manager under this Agreement; and <br />v.All policies shall contain a provision that coverage’s afforded <br />thereunder shall not be canceled or non-renewed without thirty (30) <br />days prior written notice to the City. <br />f.A copy of: (i) a certification of insurance satisfactory to the City, and (ii) if <br />requested, the Manager’s insurance declaration page, riders and/or <br />endorsements, as applicable, which evidences the compliance with this <br />provision, must be filed with the City prior to the start of Manager’s duties <br />under this Agreement. Such documents evidencing insurance shall be in a <br />form acceptable to the City and shall provide satisfactory evidence that the <br />Manager has complied with all insurance requirements. Renewal certificates <br />shall be provided to the City prior to the expiration date of any of the required <br />policies. The City will not be obligated, however, to review such declaration <br />page, riders, endorsements or certificates or other evidence of insurance, or to <br />advise Manager of any deficiencies in such documents, and receipt thereof <br />shall not relieve the Manager from, nor be deemed a waiver of, the City’s <br />right to enforce the terms of the Manager’s obligations hereunder. The City <br />reserves the right to examine any policy provided for under this provision. <br /> <br />
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