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FIREPE, INC. (2)
City of Pleasanton
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FIREPE, INC. (2)
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Last modified
10/31/2025 10:02:05 AM
Creation date
10/31/2025 9:54:44 AM
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CONTRACTS
Description Type
Other
Contract Type
New
NAME
FIREPE, INC.
Contract Record Series
704-05
Contract Expiration
6/30/2027
NOTES
THROUGH LIVERMORE FINANCE. CONTRAT WILL BE IHPUT BY LIVERMORE ONCE EXECUTED.
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<br />PPB 319 11 10 Page 2 of 4 <br />i. Is limited to replacement of the <br />damaged building component or system <br />with a “Green” building component or <br />system which serves the same primary <br />function as the damaged property; and <br />ii. Does not extend to modification or <br />replacement of any other building com- <br />ponent or system. However, we may <br />pay to repair or replace property that is <br />necessarily damaged or destroyed in <br />the course of replacing the damaged <br />building component or system. <br />For example, if your traditional roof <br />sustains damage and we pay to replace <br />it with a vegetated roof, we would also <br />pay to restore damaged electrical wiring, <br />if any, that ran through the damaged <br />roof and supported the building's <br />existing electrical power system. But in <br />such case we would not pay to replace <br />the electrical wiring with solar panels, <br />because the roof's primary function is <br />not to generate energy or distribute <br />electrical power. (In referring to costs we <br />pay, this example assumes that such <br />costs are within the amount payable as <br />otherwise determined under this <br />endorsement.) <br />This paragraph A.1.d. reinforces the <br />policy's loss settlement provisions in the <br />context of coverage for Green <br />Upgrades, and is not meant to imply <br />broader coverage for replacement of <br />property other than building components <br />or systems. <br />e. We will not pay any additional cost, above <br />the cost of a Green Upgrade, solely for the <br />purpose of satisfying the minimum <br />requirements or recommended actions or <br />standards of an ordinance or law that <br />regulates the repair, use or construction of a <br />building. However, we will not disallow the <br />cost of a Green Upgrade on the sole basis <br />that such upgrade also falls under the <br />provisions of the ordinance or law. <br />With respect to coverage for Green <br />Upgrades under this endorsement, we will <br />not pay any cost that is actually paid in loss <br />settlement under another coverage, <br />including but not limited to the Ordinance Or <br />Law Coverage Endorsement or Increased <br />Cost Of Construction Additional Coverage. <br /> <br />f. We will not pay any additional cost to repair <br />or replace damaged property solely for the <br />purpose of achieving points toward <br />certification or recertification of the property <br />by a “Green standards-setter”. <br />g. The following provisions, i. through iv., apply <br />to vegetated roofs: <br />i. With respect to the coverage provided <br />under this endorsement, lawns, trees, <br />shrubs and plants which are part of a <br />vegetated roof are deleted from <br />Property Not Covered. <br />ii. The Coverage Extension – Outdoor <br />Property does not apply to vegetated <br />roofs. <br />iii. The Additional Coverage – Limited <br />Coverage For "Fungi", Wet Rot Or Dry <br />Rot does not apply to vegetated roofs. <br />iv. In addition to the exclusions that other- <br />wise apply to SECTION I – PROPERTY, <br />under Paragraph B. Exclusions, we will <br />not pay for loss or damage to vegetated <br />roofs caused by or resulting from: <br />a) Dampness or dryness of atmos- <br />phere or of soil supporting the <br />vegetation; <br />b) Changes in or extremes of <br />temperature; <br />c) Disease; <br />d) Frost or hail; or <br />e) Rain, snow, ice or sleet, whether <br />driven by wind or not. <br />h. The most we will pay for the Green Building <br />Upgrades and Related Expenses is <br />determined by: <br />i. Multiplying the percentage shown in the <br />declarations; times <br />ii. The amount we would otherwise pay for <br />the direct physical loss of or damage to <br />the building, prior to application of any <br />applicable deductible. <br />iii. However, the most we will pay for the <br />additional cost incurred in any one <br />occurrence, regardless of the number of <br />described premises involved, is $25,000 <br />unless a higher Limit of Insurance is <br />shown in the declarations. <br /> <br /> <br /> <br /> <br />Exhibit B <br />Docusign Envelope ID: 7D12103B-E5DC-46A2-B6BA-3BD5268ECDA5
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