2004-023 Ordinance - Laserfiche WebLink

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Apok ? City of North Olmsted, Y 1 xxx xxxx 11 indemnification shall survive the expiration and termination of this contract provided the CITY maintains an annual Support Agreement with VENDOR. INSURANCE The VENDOR shall secure and maintain throughout the duration of the Contract insurance of such types and in such amounts as may be necessary to protect itself and the interests of the CITY against all hazards or risks of loss as hereinafter specified. The form and limits of such insurance, together with the underwriter thereof in each case, shall be acceptable to the CITY; but regardless of any CITY review, it shall be the responsibility of the VENDOR to maintain adequate insurance coverage at all times. Failure of the VENDOR to maintain adequate coverage shall not relieve it of any contractual responsibility or obligation. Insurance companies providing the required insurance policies must be Ohio admitted carriers, have a policyholder's rating of "A" or better, and a Financial Rating of at least "10" or better according to the current Best Insurance Rating Guide. VENDOR shall also provide CITY prior to the commencement of any work satisfactory evidence of Workers Compensation Insurance, including Employers Liability and Disability Insurance meeting at least the minimum Ohio statutory requirements. Satisfactory certificates of insurance shall be filed with the CITY prior to starting any work on the Contract. Certificates shall state that sixty (60) days written notice will be given to the CITY before any policy covered thereby is changed or canceled. • Worker's Compensation and Employer's Liability: This insurance shall protect the VENDOR against all claims under applicable state worker's compensation laws. The VENDOR shall also be protected against claims for injury, disease, or death of employees, which for any reason may not fall within the provisions of a worker's compensation law. The liability limits shall not be less than the following: Worker' compensation---------- Stawtory Employer's liabiliry by accident each accident $100,000 by disease each employee $100,000 by disease policy limit $500 000 • Comprehensive Automobile Liability: This insurance shall be written in comprehensive form and shall protect the VENDOR and the CITY against all claims for injuries to members of the public and damage to property of others arising from the VENDOR's use of motor vehicles and shall cover operation on or off the site of all motor vehicles licensed for highway use whether they are owned, non-owned, or hired. The liability limits shall not be less than : Bodil in'ur /Pro ert dama e er occurrence-$500,000 Prepared by Barry Strock Consulting Associates, Inc. O 2004