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12
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2017
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071817
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12
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7/12/2017 4:21:52 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
7/18/2017
DESTRUCT DATE
15Y
DOCUMENT NO
12
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the insurance policy by endorsement for all work performed in accordance with this <br /> Agreement, excluding workers' compensation insurance. The specific coverage obligations <br /> set forth in this Section 12 are minimums only, and the Subdivider shall have the obligation <br /> to provide the minimum coverages stated in this Agreement or such greater or broader <br /> coverage, if available in the Subdivider's policies. <br /> D. All insurance companies affording coverage to the Subdivider shall be insurance <br /> organizations authorized by the Insurance Commissioner of the State Department of <br /> Insurance to transact business of insurance in the State of California with a Best's rating of <br /> not less than A:VII. <br /> E. All insurance companies affording coverage shall provide thirty-day (30) written notice to <br /> the City should the policy be canceled before the expiration date, unless otherwise approved <br /> by the City Engineer. For the purposes of this notice requirement, any material change in <br /> the policy prior to the expiration shall be considered a cancellation. <br /> F. Subdivider shall provide evidence of compliance with the insurance requirements listed <br /> above by providing a certificate of insurance, in a form satisfactory to the City Attorney, <br /> concurrently with the submittal of this Agreement. <br /> G. Subdivider shall provide a substitute certificate of insurance no later than thirty (30) days <br /> prior to the policy expiration date. Failure by the Subdivider to provide such a substitution <br /> and extend the policy expiration date shall be considered a default by Subdivider and may <br /> subject the Subdivider to a Stop Work Notice until the Subdivider has cured the default. <br /> H. Subdivider shall provide insurance that is primary as respects the City, its officers, <br /> employees, officials and agents. <br /> I. Maintenance of insurance by the Subdivider as specified in this Agreement shall in no way <br /> be interpreted as relieving the Subdivider of any responsibility whatever and the Subdivider <br /> may carry, at its own expense, such additional insurance as it deems necessary. <br /> J. The insurer shall agree to waive all rights of subrogation against the City, its officers, <br /> officials, employees, officials and agents for losses arising from work performed by the <br /> Subdivider. <br /> K. The insurer shall provide the amount of self-insured retention and City shall have the right to <br /> disapprove insurance coverage if it deems the self-insured retention exceeds reasonable <br /> deduction. <br /> 13. Attorney's Fees. In the event that either party shall file and prevail in any action or suit for the <br /> enforcement of any of its rights under this Agreement,the non-prevailing party shall pay to the <br /> prevailing party reasonable attorney's fees and costs as may be fixed by the court on account <br /> thereof. <br /> Subdivision Agreement <br /> Tract 8317,Rose Avenue Estates by Ponderosa Homes Page 5 of 6 <br />
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