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MV CHENG & ASSOCIATES
City of Pleasanton
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MV CHENG & ASSOCIATES
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Last modified
8/29/2024 2:42:53 PM
Creation date
8/29/2024 2:42:47 PM
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CONTRACTS
Description Type
Professional Services
Contract Type
New
NAME
MV CHENG & ASSOCIATES
Contract Record Series
704-05
Munis Contract #
2025301
Contract Expiration
12/31/2024
NOTES
ACCOUNTING CONSULTANTS
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Page 3 of 6 <br /> <br />only upon such terms and conditions as City may set forth in writing. Consultant shall be solely <br />responsible for reimbursing subcontractors. <br /> <br />11. Indemnity and Hold Harmless. Consultant shall defend, indemnify, and hold harmless, the <br />City and its officers, agents and employees from and against all claims, losses, damage, injury, <br />and liability for damages arising from, or alleged to have arisen from, errors, omissions, <br />negligent or wrongful acts of the Consultant in the performance of its services under this <br />Agreement, regardless of whether the City has reviewed or approved the work or services which <br />has given rise to the claim, loss, damage, injury or liability for damages. This indemnification <br />shall extend for a reasonable period of time after completion of the project as well as during the <br />period of actual performance of services under this Agreement. The City’s acceptance of the <br />insurance certificates required under this Agreement does not relieve the Consultant from its <br />obligation under this paragraph. <br /> <br />12. Insurance. During the term of this Agreement, Consultant shall maintain in full force and <br />effect, at its own cost and expense, insurance coverages with insurers with an A.M. Best’s rating <br />of no less than A:VII. Contractor shall have the obligation to furnish City, as additional insured, <br />the minimum coverages identified below, or such greater or broader coverage for City, if <br />available in the Contractor’s policies: <br /> <br />a. General Liability and Bodily Injury Insurance. Commercial general liability insurance <br />with limits of at least $2,000,000 combined limit for bodily injury and property damage that <br />provides that the City, its officers, employees and agents are named as additional insureds under <br />the policy as evidenced by an additional insured endorsement satisfactory to the City Attorney. <br />The policy shall state in writing either on the Certificate of Insurance or attached rider that this <br />insurance will operate as primary insurance for work performed by Consultant and its <br />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 less than <br />$2,000,000 per person/per occurrence. <br /> <br />c. Workers’ Compensation Insurance. Workers’ Compensation Insurance for all of <br />Consultant’s employees, in strict compliance with State laws, including a waiver of subrogation <br />and Employer’s Liability Insurance with limits of at least $1,000,000. <br /> <br />d. Professional Liability Insurance. Professional liability insurance in the amount of <br />$2,000,000. <br /> <br />e. Certificate of Insurance. Consultant shall file a certificate of insurance with the City <br />prior to the City’s execution of this Agreement, and prior to engaging in any operation or activity <br />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 notice to the City in accordance with California <br />Insurance Code section 677.2 which requires the notice of cancellation to: 1) include the <br />effective date of the cancellation; 2) include the reasons for the cancellation; and 3) be given at <br />least 30 days prior to the effective date of the cancellation, except that in the case of cancellation <br />for nonpayment of premiums or for fraud, the notice shall be given no less than 10 days prior to <br />the effective date of the cancellation. Notice shall be sent by certified mail, return receipt <br />Docusign Envelope ID: D24C6AE7-D9B6-4952-B58C-43B4D85F534E
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