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CHANDLER ASSET MANAGEMENT, INC.
City of Pleasanton
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CHANDLER ASSET MANAGEMENT, INC.
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Last modified
9/26/2024 10:10:11 AM
Creation date
7/9/2024 4:38:15 PM
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CONTRACTS
Description Type
Professional Services
Contract Type
New
NAME
CHANDLER ASSET MANAGEMENT, INC.
Contract Record Series
704-05
Munis Contract #
2025060
Contract Expiration
6/30/2027
NOTES
CONSULTANT QUALIFIED AND EXPERIENCED IN PROVIDING AUDITING SERVICES
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<br />an A.M. Best’s rating of no less than A:VII. Contractor shall have the obligation to furnish City, as <br />additional insured, the minimum coverages identified below, or such greater or broader coverage <br />for City, if available in the Contractor’s policies: <br /> <br /> a. General Liability and Bodily Injury Insurance. Commercial general liability <br />insurance with limits of at least $1,000,000 combined limit for bodily injury and property damage <br />that provides that the City, its officers, employees and agents are named additional insureds <br />under the policy. The policy shall state in writing either on the Certificate of Insurance or attached <br />rider that this insurance will operate as primary insurance for work performed by Consultant and <br />its subconsultants, and that no other insurance effected by City or other named insured will be <br />called on to cover a loss. <br /> <br /> b. Automobile Liability Insurance. Automobile liability insurance with limits not <br />less than $1,000,000 per person/per occurrence. <br /> <br /> c. Workers' Compensation Insurance. Workers' Compensation Insurance for <br />all of Consultant's employees, in strict compliance with State laws, including a waiver of <br />subrogation and Employer’s Liability Insurance with limits of at least $1,000,000. <br /> <br />d. Certificate of Insurance. Consultant shall file a certificate of insurance with <br />the City prior to the City's execution of this Agreement, and prior to engaging in any operation or <br />activity set forth in this Agreement. The Certificate of Insurance shall provide in writing that the <br />insurance afforded by this Certificate shall not be suspended, voided, canceled, reduced in <br />coverage or in limits without providing thirty (30) days prior written notice by certified mail, return <br />receipt requested, has been given to the City. In addition, the insured shall provide thirty (30) days <br />prior written notice to the City of any suspension, cancellation, reduction of coverage or in limits, <br />or voiding of the insurance coverage required by this agreement. The City reserves the right to <br />require complete certified copies of policies. <br /> <br />e. Waiver of Subrogation. The insurer agrees to waive all rights of subrogation <br />against the City, its officers, employees and agents. <br /> <br /> f. Defense Costs. Coverage shall be provided on a “pay on behalf’ of basis, <br />with defense costs payable in addition to policy limits. There shall be no cross liability exclusions. <br /> <br /> g. Subcontractors. Consultant shall include all subcontractors as insured <br />under its policies or shall furnish separate certificates and endorsements for each subcontractor. <br />All coverages for subcontractors shall be subject to all of the requirements stated in this <br />Agreement, including but not limited naming additional insureds. <br /> <br /> 14. Notices. All notices herein required shall be in writing and shall be sent by certified <br />or registered mail, postage prepaid, addressed as follows: <br /> <br />To Consultant: Chandler Asset Management To City: City Manager <br /> Attn: Carlos Oblites & Aniel Murthy City of Pleasanton <br /> 1901 Harrison Street, Suite 1100 P.O. Box 520 <br /> Oakland, CA 94612 Pleasanton, CA 94566 <br /> <br /> 15. Conformance to Applicable Laws. Consultant shall comply with all applicable <br />Federal, State, and Municipal laws, rules, and ordinances. Consultant shall not discriminate in the <br />employment of persons or in the provision of services under this Agreement on the basis of any <br />DocuSign Envelope ID: 910B137B-C54E-4C8C-959E-C97CC6F073B2Docusign Envelope ID: 4D182786-FFC0-4F05-8959-5ADBC13D038B
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