R2019-193 Resolution Amending Mass Transit Management Agreement with MV Transportation, Inc.

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The certificate shall provide the following: • The policy shall be written on an occurrence basis. If any insurance specified above is written on an"Claims Made" (rather than an"occurrence"basis),then, in addition, to the coverage requirements stated herein, Contractor shall: (a) Ensure that the Retroactive Date is shown on the policy, and such date shall be before the date of the Contractor or any work beginning under the contract. (b) Maintain and provide evidence of similar insurance for at least three (3) years following project completion, including the requirement of adding all additional insureds; and (c) If insurance is cancelled or non-renewed and not replaced with another claims-made policy form with a Retroactive Date prior to the contract effective date, Contractor shall purchase "extended reporting" coverage for a minimum of three (3)years after completion of the work. • Name the CITY as an additional insured for CGL and BAL. • Contain a waiver of subrogation in favor of the CITY. • Specify that the CGL and BAL insurance is non-contributory as respects any insurance or self-insurance programs maintained by the CITY. • Contain a specific reference to the subject contract. In the event the insurance should be materially changed or cancelled, the Contractor shall provide the CITY at least thirty (30) days' notice prior to the effective date of the change or cancellation. �n insurance company having less than an A-VII rating by The A. M. Best Company will not be considered acceptable. All certificates are subject to acceptance by the CITY.