Laserfiche WebLink
3. Business Automobile Liability insurance covering owned, hired and non - <br />owned vehicles, with a minimum combined bodily injury and property <br />damage limit of $1,000,000 per occurrence. <br />4. Professional Liability Insurance to provide coverage against any claim <br />which the FIRM and all FIRMS engaged or employed by the FIRM become <br />legally obligated to pay as damages arising out of the performance of <br />professional services caused by any negligent act, error, or omission with <br />minimum limits of $1,000,000 per claim, $2,000,000 annual aggregate. <br />NOTE: If the insurance is written on a claims -made form, coverage shall be <br />continuous (by renewal or extended reporting period) for not less than <br />thirty-six (36) months following completion of the contract and acceptance <br />by the City of Paris. <br />B. With reference to the foregoing required insurance, the FIRM shall endorse <br />applicable insurance policies as follows: <br />1. A waiver of subrogation in favor of. City of Paris, its officials, employees, <br />and officers shall be contained in the Workers' Compensation insurance <br />policy. <br />2. The City of Paris, its officials, employees and officers shall be named as <br />additional insureds on the Commercial General Liability policy, by using <br />endorsement CG2026 or broader; and, the City of Paris shall be provided a <br />defense to any and all claims and causes of action arising out of or related <br />to this CONTRACT as may be provided pursuant to FIRM's general <br />liability insurance policies. In this regard, FIRM shall assist CITY to obtain <br />any defense provided by the FIRM's general liability insurance policies. <br />Nothing contained in Section XII of this CONTRACT shall be interpreted <br />or applied as limiting, reducing, or eliminating any obligation or duty that <br />FIRM's insurance carrier may owe to CITY as an additional insured, <br />pursuant to endorsement CG2026 or broader under the FIRM's general <br />liability insurance policies required by this CONTRACT, to provide the <br />CITY with a defense and/or indemnify the CITY for any claim or cause of <br />action, whether one or more, regardless of the proportionate responsibility <br />or liability of the FIRM or the CITY. Neither shall anything contained in <br />this Section VIII be interpreted or applied as providing or otherwise <br />entitling either FIRM, FIRM's insurance carrier or any other party any right <br />or ability to recover over against CITY any amounts of money attributable <br />to damages, costs, expenses and/or attorneys' fees based on or arising out <br />of a finding of comparative or proportionate responsibility or liability as <br />against the CITY it being understood and agreed that CITY in no way <br />intends by this CONTRACT to waive its sovereign immunity regarding any <br />claim, suit or cause of action. <br />Page 16 of 28 <br />