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  2. Finance Committee - Agenda - 7/10/2019 - P18

Finance Committee - Agenda - 7/10/2019 - P18

By dnadmin on Mon, 11/07/2022 - 13:06
Document Date
Wed, 07/03/2019 - 11:49
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 07/10/2019 - 00:00
Page Number
18
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__071020…

Attachment D
Insurance Requirements

CITY OF NASHUA

CYBER INSURANCE REQUIREMENTS
Contractor shall carry and maintain in effect during the performance of services under this contract:

= General Liability insurance in the amount of $1,000,000 per occurrence; $2,000,000 aggregate;

= Cyber Liability insurance in the amount of $1,000,000 per incident, covering the City of Nashua’s
cost for computer and data loss restoration, notification costs, credit monitoring, and liability to
third parties from the Contractor’s failure to handle, manage, store and control personally
identifiable information.

Contractor shall maintain in effect at all times during the performance under this contract all specified
insurance coverage with insurers. None of the requirements as to types and limits to be maintained by
Contractor are intended to and shall not in any manner limit or qualify the liabilities and obligations
assumed by Contractor under this contract. The City of Nashua shall not maintain any insurance on
behalf of Contractor. Subcontractors are subject to the same insurance requirements as Contractor
and it shall be the Contractor’s responsibility to ensure compliance of this requirement.

The Parties agree that Contractor shall have the status of and shall perform all work under this contract
as an independent contractor, maintaining control over all its consultants, sub consultants, contractors, or
subcontractors. The only contractual relationship created by this contract is between the City and
Contractor, and nothing in this contract shall create any contractual relationship between the City and
Contractor’s consultants, sub consultants, contractors, or subcontractors. The Parties also agree that
Contractor is not a City employee and that there shall be no:

(1) Withholding of income taxes by the City:

(2) Industrial insurance coverage provided by the City;

(3) Participation in group insurance plans which may be available to employees of the City;

(4) Participation or contributions by either the independent contractor or the City to the public
employee’s retirement system;

(5) Accumulation of vacation leave or sick leave provided by the City;

(6) Unemployment compensation coverage provided by the City.

Contractor will provide the City of Nashua with certificates of insurance for coverage as listed below and
endorsements affecting coverage required by the contract within ten calendar days after the City issues
the notice of award. The City of Nashua requires thirty days written notice of cancellation or material
change in coverage. The certificates and endorsements for each insurance policy must be signed by a
person authorized by the insurer.General Liability polices must name the City of Nashua as an
additional insured and reflect on the certificate of insurance. Contractor is responsible for filing
updated certificates of insurance with the City of Nashua’s Risk Management Department during the life
of the contract.

= All deductibles and self-insured retentions shall be fully disclosed in the certificate(s) of insurance.

= If aggregate limits of less than $2,000,000 are imposed on bodily injury and property damage,
Contractor must maintain umbrella liability insurance of at least $1,000,000. All aggregates must
be fully disclosed on the required certificate of insurance.

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Finance Committee - Agenda - 7/10/2019 - P18

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