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Agenda - Council - 10/28/2008
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Agenda - Council - 10/28/2008
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10/24/2008 2:10:34 PM
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Meetings
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Agenda
Meeting Type
Council
Document Date
10/28/2008
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<br />. Minnesota's statutory liability under the worker's compensation laws of the state( s) . in which <br />the work is to be performed. If optional under State law, the insurance must cover all <br />employees anyway. <br />. Employers' Liability (part B) with limits of at least $500,000 each accident, $500,000 by <br />disease policy limit, $500,000 by disease each employee. <br /> <br />D. Railroad Protective Liability insurance naming only the Railroad as the Insured with coverage of at <br />least $2,000,000 per occurrence and $6,000,000 in the aggregate. The policy Must be issued on a standard <br />ISO form CG 00 351093 and include the following: <br />. Endorsed to include the Pollution Exclusion Amendment (ISO form CG 28 31 1093) <br />. Endorsed to include the Limited Seepage and Pollution Endorsement. <br />. Endorsed to remove any exclusion for punitive damages. <br />. No other endorsements restricting coverage may be added. <br />. The original policy must be provided to the Railroad prior to performing any work or services <br />under this Agreement <br /> <br />Other Requirements: <br /> <br />All policies (applying to coverage listed above) must not contain an exclusion for punitive damages and <br />certificates of insurance must reflect that no exclusion exists. <br /> <br />Contractor agrees to waive its right of recovery against Railroad for all claims and suits against Railroad. <br />In addition, its insurers, through the terms ofthe policy or policy endorsement, waive their right of subrogation <br />against Railroad for all claims and suits. The certificate of insurance must reflect the waiver of subrogation <br />endorsement. Contractor further waives its right of recovery, and its insurers also waive their right of subrogation <br />against Railroad for loss of its owned or leased property or property under contractor's care, custody or control. <br /> <br />Contractor's insurance policies through policy endorsement, must include wording which states that the <br />policy is primary and non-contributing with respect to any insurance carried by Railroad. The certificate of <br />insurance must reflect that the above wording is included in evidenced policies. <br /> <br />All policy(ies) required above (excluding Workers Compensation and if applicable, Railroad Protective) <br />must. include a severability of interest endorsement and Railroad must be named as an additional insured with <br />respect to. work performed under this agreement. Severability of interest and naming Railroad as additional insured <br />must be indicated on the certificate of insurance. <br /> <br />Contractor is not allowed to self-insure without the prior written consent of Railroad. If granted by <br />Railroad, any deductible, self-insured retention or other financial responsibility for claims must be cover~d directly <br />by contractor in lieu of insurance. Any and all Railroad liabilities that would otherwise, in accordance with the <br />provisions of this Agreement, be covered by contractor's insurance will be covered as if contractor elected not to <br />include a deductible, self-insured retention or other financial responsibility for claims. <br /> <br />Prior to commencing the Work, contractor must furnish to Railroad an acceptable certificate(s) of <br />insurance including an original signature of the authorized representative evidencing the required coverage, <br />endorsement!>, and amendments and referencing the contract audit/folder number if available. The policy(ies) must <br />contain a provision that obligates the insurance company(ies) issuing such policy(ies) to notify Railroad in writing <br />at least 30 days prior to any cancellation, non-renewal, substitution or material alteration. This cancellation <br />provision must be indicated on the certificate of insurance. Upon request from Railroad, a certified duplicate <br />original of any required policy must be furnished. Contractor should send the certificate(s) to the following address: <br /> <br />BNSF RISK MANAGEMENT <br />2500 Lou Menk Drive AOB-l <br />Fort Worth. TX 76131-2828 <br />Fax: 817-352-7207 <br /> <br />3 <br /> <br />Form 0103 Rev. 09/15/05 ~ 1 87- <br />
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