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Exhibit 7 - Corona Template External CDBG Reimbursement Contract and Exhibit B Insurance Requirements.pdf

Corona City Council
July 2, 2025

Document
Exhibit 7 - Corona Template External CDBG Reimbursement Contract and Exhibit B Insurance Requirements.pdf
Meeting
July 2, 2025
Body
Corona City Council
Original file
106 KB
Text extracted from the city's file for reading and search. Open the original on pub-corona.escribemeetings.com. That file is the official record.

EXHIBIT B

INSURANCE REQUIREMENTS
Pursuant to Sections 36 and 37 of the Contract, Subrecipient shall obtain, and shall require its sub-contractors to obtain, insurance of the types and in the amounts described below and in a form and with carriers satisfactory to the City.

COMMERCIAL GENERAL LIABILITY INSURANCE
Subrecipient shall maintain occurrence version commercial general liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per occurrence for bodily injury, personal and advertising injury and property damage. If such general liability insurance or other form with general aggregate limit is used, it shall apply separately to this Contract or be no less than two times the occurrence limit. Such insurance shall name the City, its officials, officers, directors, employees, agents and volunteers, and the Subrecipient as insureds with respect to performance of this Contract and shall contain no special limitations on the scope of coverage or the protection afforded to these insureds. Additionally, such insurance shall be primary with respect to any insurance or self-insurance programs covering the City, its officials, directors, officers, employees, agents and volunteers, and Subrecipient, or, if excess, shall stand in an unbroken chain of coverage in excess of the Subrecipient’s scheduled underlying coverage.

AUTOMOBILE LIABILITY INSURANCE
Subrecipient shall maintain business automobile liability insurance, or equivalent form, with a combined single limit of not less than $1,000,000 per accident for bodily injury and property damage. Such insurance shall include coverage for automobiles which are owned, leased, hired and non-owned by the Subrecipient, or for which the Subrecipient is responsible. Such insurance shall contain no special limitations on the scope of coverage or the protection afforded to these insureds. Additionally, such insurance shall be primary with respect to any insurance or self-insurance programs covering the City, its officials, officers, employees, agents, and Subrecipient.

WORKERS’ COMPENSATION
Subrecipient

CERTIFICATES OF INSURANCE
Subrecipient

COVERAGE MAINTENANCE
Subrecipient shall immediately replace certificates, policies and endorsements for any insurance expiring prior to the completion of services under this Contract.

Further, Subrecipient shall maintain such insurance during the time the Time for Performance as defined in Section 4 of the Contract, except as otherwise provided by this Contract.

ADDITIONAL REQUIREMENTS
The insurance policies required herein shall be “occurrence,” not “claims made,” policies and shall be primary and non-contributing to any insurance that the City may elect to obtain. All insurance required by this Exhibit B shall contain standard of separation of insured provisions.

All insurance shall be placed with carriers satisfactory to the City. Carriers will be listed by A M Best at least at A VIII and be California Admitted, or if not California Admitted, must be listed by A M Best at A X or higher.

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