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ECHO HOUSING HBE CONTRACT AMENDMENT
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ECHO HOUSING HBE CONTRACT AMENDMENT
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Last modified
10/10/2024 12:07:18 PM
Creation date
10/10/2024 12:06:38 PM
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CONTRACTS
Description Type
Professional Services
Contract Type
Amendment
NAME
ECHO HOUSING HBE CONTRACT AMENDMENT
Contract Record Series
704-05
Munis Contract #
2024076
Contract Expiration
6/30/2025
NOTES
HOMEBUYER EDUCATION SUPPOORTING THE AFFORDABLE HOUSING PROGRAM
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insurance certificates required under this Agreement does not relieve the Consultant from its <br />obligation under this paragraph. <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 />a. General Liability and Bodily njury Insurance. Commercial general liability <br />insurance with limits of at least$1,000,000 combined limit for bodily injury and property <br />damage that provides that the City, its officers, employees and agents are named as additional <br />insureds under the policy as evidenced by an additional insured endorsement satisfactory to the <br />City Attorney. 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 />b. Automobile Liability Insurance. Automobile liability insurance with limits not less <br />than $1,000,000 per person/per occurrence. <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 />c. Professional Liabilitv Insurance. Professional liability insurance in the amount of <br />1,000,000. <br />d. 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 />requested. In addition, the insured shall provide thirty(30)days prior written notice to the City <br />of any cancellation, suspension, reduction of coverage or in limits,or voiding of the insurance <br />coverage required by this agreement. The City reserves the right to require complete certified <br />copies of policies. <br />e. Waiver of Subrogation. The insurer agrees to waive all rights of subrogation against <br />the City, its officers, employees and agents. <br />f. Defense Costs. Coverage shall be provided on a"pay on behalf of basis,with <br />defense costs payable in addition to policy limits. There shall be no cross liability exclusions. <br />3 1 P a g e <br />Docusign Envelope ID: F53F1E05-ADA3-465D-BE20-156E055217E3
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