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Alameda CTC Agreement No.A23-0049 <br /> Project No. 157800 <br /> APPENDIX G-3 <br /> TFCA INSURANCE REQUIREMENTS <br /> [See Below and Attached] <br /> Note:The below Alameda CTC insurance requirements for TFCA projects are followed by a copy of <br /> BAAQMD's Insurance Guidelines,Appendix F of BAAQMD's TFCA County Pngram Manager Fund <br /> Expenditure Plan Guidance, Fiscal Year Ending TYE)2022. As incorporated into this Agreement, (i) the term <br /> "Air District"in the attached shall be deemed to mean and refer to BAAQMD, (ii) "County Program <br /> Manager" shall be deemed to mean and refer to ALAMEDA CTC,and(iii) "Grantee"shall be deemed to mean <br /> and refer to SPONSOR. <br /> INSURANCE REQUIREMENTS <br /> Verification of Coverage <br /> SPONSOR is required to provide certificates and/or other evidence of the required insurance coverage prior to <br /> the execution of a fund-transfer agreement and annually thereafter throughout and until project completion. <br /> Certificates,policies and other evidence provided shall specify that the AI.AMEDA CTC and BAAQMD shall <br /> receive 30 days advanced notice of cancellation from the insurers. <br /> Additionally,SPONSOR is to require all professional services consultants,contractors and subcontractors <br /> involved with the PROJECT to name ALAMI?DA CTC,its officers,employees and consultants as additional <br /> insured on all insurance required by SPONSOR for PROJECT. <br /> Minimum Scope of Insurance <br /> Throughout the Term of the AGREF.MENT,SPONSOR shall obtain and maintain in full force and effect the <br /> Liability Insurance and Property Insurance as set forth below: <br /> 1. Liability Insurance: with a limit of not less than$1,000,000 per occurrence.Such insurance shall be <br /> of the type usual and customary to the business of SPONSOR,and to the operation of the vehicles, <br /> vessels,engines or equipment operated by Sponsor. <br /> 2. Property Insurance: in an amount of not less than the insurable value of SPONSOR's vehicles, <br /> vessels,engines or equipment funded under the Agreement,and covering all risks of loss,damage or <br /> destruction of such vehicles,vessels,engines or equipment. <br /> 3. Workers Compensation Insurance:As required by California law and employers'insurance with a <br /> limit not less than$1 million. <br /> Acceptability of Insurers <br /> Insurance is to be placed with insurers with a current A.M.Best's rating of no less than A:VII.The <br /> A]AMEDA CTC may,at its sole discretion,waive or alter this requirement or accept self-insurance in lieu of <br /> any required policy of insurance. <br /> Appendix G—Page 4 <br />