Common use of Deductibles and Self-Insurance Retentions Clause in Contracts

Deductibles and Self-Insurance Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. Contractor shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its officials, employees, agents and authorized volunteers; or (2) the Contractor shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 2 contracts

Samples: Professional Services Contract, Professional Services Contract

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Deductibles and Self-Insurance Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. Contractor Consultant shall guarantee that, at the option of the City, either: (1a) the insurer shall reduce or eliminate such deductibles or self-self- insured retentions as respects the City, its directors, officials, officers, employees, agents agents, and authorized volunteers; or (2b) the Contractor Consultant shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims claims, and administrative and defense expenses.

Appears in 2 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement

Deductibles and Self-Insurance Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. Contractor shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its directors, officials, officers, employees, agents and authorized volunteers; or (2) the Contractor shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 1 contract

Samples: City of Azusa

Deductibles and Self-Insurance Retentions. Any deductibles or self-self- insured retentions must be declared to and approved by the City. Contractor Consultant shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its directors, officials, officers, employees, agents and authorized volunteers; or (2) the Contractor Consultant shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 1 contract

Samples: Model Agreement

Deductibles and Self-Insurance Retentions. Any deductibles or self-self- insured retentions must be declared to and approved by the City. Contractor Consultant shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-self- insured retentions as respects the City, its directors, officials, officers, employees, agents and authorized volunteers; or (2) the Contractor Consultant shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 1 contract

Samples: Professional Services Agreement

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Deductibles and Self-Insurance Retentions. Any City may require that any deductibles or self-insured retentions must be declared to and approved by the City. Contractor Developer shall guarantee ensure that, at the option of the City, either: (1A) the primary insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the City, its directors, officials, employeesofficers, agents employees and authorized volunteersagents; or (2B) the Contractor primary insured shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 1 contract

Samples: Reimbursement Agreement

Deductibles and Self-Insurance Retentions. Any deductibles or self-self- insured retentions must be declared to and approved by the City. Contractor shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-self- insured retentions as respects the City, its officials, employees, agents and authorized volunteers; or (2) the Contractor shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costs, claims and administrative and defense expenses.

Appears in 1 contract

Samples: Coachella Construction Contract

Deductibles and Self-Insurance Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. Contractor Consultant shall guarantee that, at the option of the City, either: (1) the insurer shall reduce or eliminate such deductibles or self-self- insured retentions as respects the City, its directors, officials, officers, employees, agents and authorized volunteers; or (2) the Contractor shall procure a bond or other financial guarantee acceptable to the City guaranteeing payment of losses and related investigation costsagents, claims and administrative and defense expenses.and

Appears in 1 contract

Samples: City of Coachella

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