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  2. Finance Committee - Agenda - 4/15/2020 - P47

Finance Committee - Agenda - 4/15/2020 - P47

By dnadmin on Mon, 11/07/2022 - 13:31
Document Date
Fri, 04/10/2020 - 14:58
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/15/2020 - 00:00
Page Number
47
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__041520…

CONTRACTOR will provide the CITY with certificates of insurance for coverage, as listed, and
endorsements affecting coverage required by the Agreement. The CITY 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
and who is licensed by the State of New Hampshire. General Liability, Employer's Liability and
Auto Liability policies must name the City of Nashua as 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 Hability insurance of
at leastS1,000,000. All aggregates must be fully disclosed on the required
certificate of insurance.

->The specified insurance requirements do not relieve CONTRACTOR of its
responsibilities or limit the ammount of its liability to the CITY or other persons,
and CONTRACTOR fs encouraged to purchase such additional insurance, as it
deems necessary.

+ The insurance provided herein is primary, and no insurance held or owned by
CITY shall be called upon to contribute to a loss.

-> CONTRACTOR is responsible for and required to remedy all damage or loss to
any property, including property of the CITY, caused in whole or part by
CONTRACTOR or anyone employed, directed, or supervised by CONTRACTOR.

Regardless of any coverage provided by any insurance, CONTRACTOR agrees to indemnify and
shall defend and hold harmless the CITY, its agents, officials, employees and authorized
representatives and their employees from and against any and all suits, causes of action, legal
or administrative proceedings, arbitrations, claims, demands, damages, liabilities, interest,
attorney's fees, costs and expenses of any kind or nature in any manner caused, occasioned, or
contributed to in whole or in part by reason of any negligent act, omission, or fault or willful
misconduct, whether active or passive, of CONTRACTOR or of anyone acting under its direction
or control on its behalf in connection with or incidental to the performance of this contract.
CONTRACTOR’s indemnity, defense and hoid harmiess obligations, or portions thereof, shall not
apply to liability caused by the negligence or willful misconduct of the party indemnified or held
harmless.

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Finance Committee - Agenda - 4/15/2020 - P47

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