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Revised 5/1/2018 F16 – 2M E&O <br />Page 1 <br />EXHIBIT B <br />INSURANCE REQUIREMENTS <br />Minimum Scope and Limits of Insurance <br />Consultant/Contractor shall maintain limits no less than: <br />1. Commercial General Liability, including operations, products and <br />completed operations, as applicable: <br />2,000,000 per occurrence/$4,000,000 aggregate for bodily injury, <br />personal injury and property damage. If Commercial General Liability or <br />other form of insurance with a general aggregate limit is used, either the <br />general aggregate limit shall apply separately to this project/location or the <br />general aggregate limit shall be twice the required occurrence limit. <br />2. Automobile Liability: <br />1,000,000 per accident for bodily injury and property damage. <br />3. Workers’ Compensation and Employer's Liability: <br />Statutory limits as required by the State of California including $1,000,000 <br />Employers’ Liability per accident, per employee for bodily injury or <br />disease. A waiver of subrogation is required for Workers’ Compensation <br />insurance. If Consultant/Contractor is a sole proprietor, then they must <br />sign “Contractor Release of Liability”. <br />4. Professional Liability/Errors and Omissions: <br />2,000,000 per claim. In the event the professional liability insurance <br />required by this contract is written on a claims-made basis, <br />Consultant/Contractor warrants that any retroactive date under this policy <br />shall precede the effective date of this contract and, either continuous <br />coverage will be maintained, or an extended discovery period will be <br />exercised for a period of two years beginning at the time work under this <br />contract is completed. <br />Deductibles and Self-Insured Retention <br />All self-insured retentions (SIR) must be disclosed to Risk Management for approval <br />and shall not reduce the limits of liability. Policies containing any self-insured retention <br />SIR) provision shall provide, or be endorsed to provide, that the SIR may be satisfied <br />by either the named insured or the City of Livermore, the City of Pleasanton, and the <br />Livermore-Pleasanton Fire Department (collectively, “the Agencies”). The Agencies <br />reserve the right to obtain a full certified copy of any insurance policy and <br />endorsements. Failure to exercise this right shall not constitute a waiver of right to <br />exercise later. <br />Acceptability of Insurers <br />Insurance is to be placed with insurers with a current A.M. Best rating of no less than A: <br />VII and accepted to do business in the State of California, unless otherwise acceptable <br />to the Agencies. <br />Other Insurance Provisions <br />The general liability and automobile liability policies are to contain, or be endorsed to <br />Docusign Envelope ID: 687617F9-CC53-4964-A89E-A0D6E1CFE433Docusign Envelope ID: D8AEC206-D40C-4C43-B10F-8EAAF987AB61