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Resolution 2016-48
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Resolution 2016-48
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Last modified
3/12/2021 4:16:19 PM
Creation date
10/5/2016 1:36:54 PM
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City Council Records
Doc Type
Resolution
Ord/Res - Year
2016
Ord/Res - Number
48
Original Hardcopy Storage
7D6
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RES 2016-48
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13. INSURANCE <br />Grantee and its Subgrantees shall obtain and maintain insurance as specified in this section at all times during the <br />term of this Grant: All policies evidencing the insurance coverage required hereunder shall be issued by insurance <br />companies satisfactory to Grantee and the State. <br />A. Grantee <br />i. Public Entities <br />If Grantee is a "public entity" within the meaning of the Colorado Governmental Immunity Act, CRS <br />§24-10-101, et seq., as amended (the "CIA"), then Grantee shall maintain at all times during the term <br />of this Grant such liability insurance, by commercial policy or self-insurance, as is necessary to meet its <br />liabilities under the GIA. Grantee shall show proof of such insurance satisfactory to the State, if <br />requested by the State. Grantee shall require each Grant with Subgrantees that are public entities, <br />providing Goods or Services hereunder, to include the insurance requirements necessary to meet <br />Subgrantee's liabilities under the GIA. <br />ii. Non -Public Entities <br />If Grantee is not a "public entity" within the meaning of the GIA, Grantee shall obtain and maintain <br />during the term of this Grant insurance coverage and policies meeting the same requirements set forth <br />in §13(B) with respect to Subgrantees that are not "public entities". <br />B. Grantee and Subgrantees <br />Grantee shall require each Grant with Subgrantees, other than those that are public entities, providing Goods <br />or Services in connection with this Grant, to include insurance requirements substantially similar to the <br />following: <br />i. Worker's Compensation <br />Worker's Compensation Insurance as required by State statute, and Employer's Liability Insurance <br />covering all of Grantee and Subgrantee employees acting within the course and scope of their <br />employment. <br />ii. General Liability <br />Commercial General Liability Insurance written on ISO occurrence form CG 00 01 10/93 or equivalent, <br />covering premises operations, fire damage, independent contractors, products and completed operations, <br />blanket contractual liability, personal injury, and advertising liability with minimum limits as follows: <br />(a) 51,000,000 each occurrence; (b) 51,000,000 general aggregate; (c) 51,000,000 products and <br />completed operations aggregate; and (d) 550,000 any one fire. If any aggregate limit is reduced below <br />51,000,000 because of claims made or paid, Subgrantee shall immediately obtain additional insurance <br />to restore the full aggregate limit and furnish to Grantee a certificate or other document satisfactory to <br />Grantee showing compliance with this provision. <br />iii. Automobile Liability <br />Automobile Liability Insurance covering any auto (including owned, hired and non -owned autos) with <br />a minimum limit of 51,000,000 each accident combined single limit. <br />iv. Additional Insured <br />Grantee and the State shall be named as additional insured on the Commercial General Liability and <br />Automobile Liability Insurance policies (leases and construction Grants require additional insured <br />coverage for completed operations on endorsements CG 2010 11/85, CG 2037, or equivalent). <br />v. Primacy of Coverage <br />Coverage required of Grantee and Subgrantees shall be primary over any insurance or self-insurance <br />program carried by Grantee or the State. <br />vi. Cancellation <br />The above insurance policies shall include provisions preventing cancellation or non -renewal without <br />at least 45 days prior notice to the Grantee and Grantee shall forward such notice to the State in <br />accordance with §16 (Notices and Representatives) within seven days of Grantee's receipt of such <br />notice. <br />vii. Subrogation Waiver <br />All insurance policies in any way related to this Grant and secured and maintained by Grantee or its <br />Subgrantees as required herein shall include clauses stating that each carrier shall waive all rights of <br />Page of 17 <br />
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