SUPPLEMENTAL COUNCIL AGENDA:
—
1/25/22
FILE: 22-039
ITEM; 3.7
, SANTA CLARA:
WATER POLLUTION CONTROL PLANT
TREATMENT PLANT ADVISORY. COMMITTEE
January 14, 2022
The Honorable Mayorand City Council
City of San Jose-
200 East Santa Clara Street
San Jose, CA 951! °
Dear MayorLiccardo and City Council:
At its meeting of January1 1G, 2022, the Treatment Plant Advisory Committee (TPAC) reviewed this item concerning the Report on Procurement of Insurance Products for Continuatign of an Owner- Controlled Insurance Programfor the San Jose-Santa Clara Regional WastewaterFacility onthe San José City Counc! apancts for January 25,2022:
5,B. Report on \'rocurement of Insurance Products for Continuation of an Owner-Controlled Insurance Progeain for the San Jose-Santa Clara Regional WastewaterFacility Staff Recommendation:
aide9 resolution authorizing the Director of-Financeto:
(1) r ie ise insurance policies for the San José-Santa Clara Regional Wastewater Fac “lity Capital Improvement-Programwithtotal cost not to exceed $7,221,283 ined Hin12 estimated insurance premiums of $4,661,872 and a total maximum lc $2,559,411, as well as a cash collateral fund of $1,496,471 with premiums ) aid in four (4) annual installments, and subjectto the annual appropriation of s follows:
(a), op‘ederal Insurance Company: Commercial Genbeal Liability Insurance and \Vorkers’ Compensation Insurance with a Program Agreement Endorsement conilating terms of the cash collateral fund management Allied World Assurance Company, Inc.: Commercial Excess Liability |‘ndurance Risk Solutions Assurance Company: Commercial Excess Liability "iberty Surplus Insurance Corporation: Commercial Excess Liability WIC’
Great American Assurance Company: Commercial Excess Liability Hi ranee
(fe \Vestchester Sunstus Lines Insurance Company Commercial Excess Liability ranee
'ronshore Specialty Insurance Company: Contractors Pollution Liability erkley Assurance Company: Owners Protective Professional Liability ‘chand .
(2) +» sonewanexisting, or secure quotes andpurchase a new, Master Builder’s Risk ince policy with special endorsement for Flood to provide builder’s risk 700 LOS ESTEROS ROAD » SAN JOSE, CA 95134 ,
TO: The Honorable Mayor and City Council
SJ: TPAC Recommendations
January 25, 2022
coverage through 2026 as necessary, with a projected $906,000 in premiums, the cost of whichis included in the estimated insurance premiumsabove.
On a motion made by Committee Member Hardyanda second by Committee Member \)ontano TPAC recommendedapproval of item 5. B.
Ayes - 8 (Cohen, Davis, Hardy, Harkness, Kwok, Liccardo, Montano, Watanabe) Nays- 0
Abstain - {| (Turner)
Sincerely,
Sam Li
TREAT LANT ADVISORY COMMITTEE