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HomeMy WebLinkAboutContract 55335 CSC No.55335 PROGRAM PROVIDER AGREEMENT This PROGRAM PROVIDER AGREEMENT ("Agreement") is made and entered into by and between the CITY OF FORT WORTH("City"),a bome-rule municipal corporation of the State of Texas, acting by and through its duly authorized representative,and FAMILY PATHFINDERS OF TARRANT COUNTY ("Provider"), a domestic non-profit corporation, acting by and through its duly authorized representative Kathryn Arnold. City and Provider may be individually referred to as a "party" or collectively as the"parties." WHEREAS, on August 28,2019,City entered into a grant agreement entitled"Fund for Cities of Service, Inc. Cities of Service City Hall, AmeriCorps Experience Matters Grant Agreement", CSC NO. 52705, (the "Grant Agreement"). The purpose of the Grant Agreement being the establishment of a local project under the Corporation for National and Community Service's AmeriCorps VISTA program and the terms of providing City with grant funds in the amount of$25,000; WHEREAS, Cities of Service later determined that the City was eligible to receive an additional $5,000.00 in grant funds for a total award of$30,000(the "Grant Funds"); WHEREAS, the program is designed to focus on financial empowerment to assist vulnerable households and communities with low incomes that have been targets of fraudulent and predatory financial products and services; WHEREAS,pursuant to the terms of the Grant Agreement,the Grant Funds must be dedicated to the materials and costs required for the above described initiatives and expended or committed for those purposes by the last day of service of the last VISTA member placed at the City; WHEREAS, on September 21, 2020, Cities of Service extended the grant program with the City until April 30,2021 and the deadline to submit final narrative,metrics, and final reports by May 30, 2021. WHEREAS, on February 4, 2021, Cities of Service extended the termination date of the grant program to March 31,2022,to allow the City to spend all remaining funds. WHEREAS, due to the impact of COVID-19,residents of the City have suffered financially and depleted their savings and emergency funds with many non-profit organizations now focused on housing and food; WHEREAS, by this Agreement, City and Provider will implement a Match Savings Program ("Savings Program") to encourage residents to save and become financially empowered when an unexpected expense occurs; and WHEREAS, City and Provider believe encouraging City residents to save provides financial security and education as intended by the Grant Agreement with Cities of Service. NOW, THEREFORE, in consideration of the covenants and agreements contained in this Agreement, City and Provider hereby agree as follows: OFFICIAL RECORD SECTION 1 CITY SECRETARY TERM OF AGREEMENT FT. WORTH, TX 1.1 Unless terminated earlier pursuant to the terms herein, the term of this Agreement shall begin on January 1,2021 and expire on March 31, 2022 ("Term"). Program Provider Agreement 1 of 11 SECTION 2 FEES AND PAYMENT 2.1 City shall pay Provider a fee not to exceed the amount of$13,000.00 for the Match.Savings Program and Program materials. $6,500 total will be given for each program cycle (Session 1: January— June 2021) and (Session 2: July= December 2021) with a breakdown of$6,000 for the Match Savings Program and$500 for Program Materials. City will pay these funds to Provider within 60 days of execution of this Agreement.The City shall not be liable for any additional amount not specified by this Agreement unless the City first approves such expenses in writing. SECTION 3 DUTIES AND RESPONSIBILITIES In addition to any other duties and responsibilities set forth in this Agreement,Provider shall: 3.1 Ensure all eligibility requirements, as outlined in this Agreement, are met by individuals and residents participating in the Savings Program("Program Participants"); 3.2 Conduct individual and group financial coaching sessions for Program Participants that meet the Savings Program requirements and ensure each Program Participant attends all four(4) sessions, as required to be eligible for the match savings of the Savings Program; 3.3 Render match savings amount to financial institutions based on the amount the Program Participant saved with a maximum amount not to exceed $200.00; 3.4 Track all metrics required for all volunteers and Program Participants of the Savings Program, as applicable, including but not limited to the following: first name, last name, email address, zip code, gender, age, race, marital status, match amount, savings account beginning balance and final balance, date of match incentive,referral source,#of volunteers aged 50 or older recruited,#of volunteers aged 50 or older trained as coaches, # of volunteers aged 50 or older new to financial coaching, # of volunteers aged 50 or older experienced with financial coaching. 3.5 Provider shall conduct training to volunteers which will include review of financial topics, client engagement, and virtual service delivery. 3.6 Provider shall demonstrate a high level of professionalism at all times. Provider's conduct should be above reproach in all dealings with the community, participants, and staff. Provider shall not engage in any conduct that may threaten, intimidate,disparage,bully,verbally abuse,harass or assault the City, City employees, Program Participants or any other person. The City shall be the sole judge of Provider's compliance with this section. 3.7 City will pay funds to Provider to meet the Savings Program goal of a$1 match for every $1 placed into a savings account by Program Participants with a maximum of$200.00 for each Program Participant. In no event will City's obligation to pay funds under this Agreement exceed the total amount described in Section 2 above. SECTION 4 PROGRAM REQUIREMENTS 4.1 The following requirements apply to the Savings Program and the Program Participants: • Program Participants will be selected on a first come, first serve basis; • Program Participants must be a resident of Tarrant County; Program Provider Agreement 2 of 11 • Program Participants must be 16 years of age or older; • Program Participants establish and provide proof of a savings account with a financial institution; • Program Participants must attend four(4) financial coaching sessions (group or individual)with Pathfinders (http://www.pathfmderste.org/eventeatendar) • Program Participants must participate in the program January 2021 —June 2021; July 2021 —December 2021 • Provider will provide a certificate of completion to all Program Participants who successfully complete the Savings Program; and • Payment of match savings will be rendered via ACH to the bank by Provider. SECTION 5 FORCE MAJEURE 5.1 If either party is unable, either in whole or part, to fulfill its obligations under this Agreement due to acts of God; strikes, lockouts, or other industrial disturbances; acts of public enemies; wars; blockades; insurrections; riots; pandemics and epidemics; public health crisis; earthquakes; fires; floods; restraints or prohibitions by any court, board, department, commission or agency of the United States or of any state;declaration of a state of disaster or of emergency by the federal,state,county, or City government in accordance with applicable law; issuance of an Imminent Threat Alert or Elevated Threat Alert by the United States Department of Homeland Security or any equivalent alert system that may be instituted by any agency of the United States; any arrests and restraints; civil disturbances; or explosion; or some other reason beyond the Parry's reasonable control (collectively, "Force Majeure Event"), the obligations so affected by such Force Majeure Event will be suspended only during the continuance of such event. If a Force Majeure Event occurs, the City may, in its sole discretion, close or postpone the opening of its community centers,parks, or other City-owned and operated properties and facilities in the interest of public safety and operate them as the City sees fit. Provider hereby waives any claims it may have against the City for damages resulting from any such Force Majeure Event. SECTION 6 LIABILITY AND INDEMNIFICATION 6.1 PROVIDER SHALL BE LIABLE AND RESPONSIBLE FOR ANY AND ALL DAMAGES,INCLUDING,BUT NOT LIMITED TO,PROPERTY LOSS,PROPERTY DAMAGE AND PERSONAL INJURY, OF ANY KIND OR CHARACTER, WHETHER REAL OR ASSERTED, TO THE EXTENT CAUSED BY THE ACTS OR OMISSIONS OF PROVIDER, OR ITS DIRECTORS,OFFICERS,REPRESENTATIVES,AGENTS,SERVANTS,CONTRACTORS, EMPLOYEES,PATRONS,GUESTS,INVITEES,OR PROGRAM PARTICIPANTS. PROVIDER HEREBY EXPRESSLY RELEASES AND DISCHARGES CITY FROM ANY AND ALL LIABILITY FOR ANY DAMAGE, INCLUDING, BUT NOT LIMITED TO, PROPERTY DAMAGE AND LOSS AND PERSONAL INJURY ARISING OUT OF OR IN CONNECTION WITH, DIRECTLY OR INDIRECTLY, THE OCCUPANCY OR USE OF THE CENTER AND ANY AND ALL ACTIVITIES CONDUCTED THEREON SUSTAINED BY REASONS OF THE USE OF SAID CENTER UNDER THIS AGREEMENT. 6.2 INDEMNIFICATION — PROVIDER, AT ITS SOLE COST AND EXPENSE, AGREES TO AND DOES HEREBY DEFEND, INDEMNIFY, PROTECT, AND HOLD HARMLESS CITY AND CITY'S OFFICERS, REPRESENTATIVES, AGENTS, EMPLOYEES, AND SERVANTS (COLLECTIVELY, "INDEMNITEES") FOR, FROM AND AGAINST ANY AND ALL CLAIMS,LIABILITIES,DAMAGES,LOSSES,LIENS,CAUSES OF ACTION,SUITS, JUDGMENTS AND EXPENSES (INCLUDING, BUT NOT LIMITED TO, COURT COSTS, ATTORNEYS' FEES AND COSTS OF INVESTIGATION), OF ANY NATURE, KIND OR Program Provider Agreement 3 of 11 DESCRIPTION ARISING OR ALLEGED TO ARISE BY REASON OF INJURY TO OR DEATH OF ANY PERSON OR DAMAGE TO OR LOSS OF PROPERTY (1) RELATING TO THE USE OR OCCUPANCY OF THE CENTER BY PROVIDER OR ANY OF ITS OFFICERS, REPRESENTATIVES, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, PATRONS, GUESTS, PROGRAM PARTICIPANTS, OR INVITEES; (2) BY REASON OF ANY OTHER CLAIM WHATSOEVER OF ANY PERSON OR PARTY OCCASIONED OR ALLEGED TO BE OCCASIONED IN WHOLE OR IN PART BY ANY ACT OR ONIISSION ON THE PART OF PROVIDER OR ANY OF ITS OFFICERS, REPRESENTATIVES, AGENTS, SERVANTS, EMPLOYEES, CONTRACTORS, PATRONS, GUESTS, PROGRAM PARTICIPANTS, OR INVITEES OR OF ANY OTHER PERSON ENTERING UPON THE CENTER WITH THE EXPRESS OR IMPLIED INVITATION OR PERMISSION OF PROVIDER; OR (3) BY ANY BREACH, VIOLATION OR NONPERFORMANCE OF ANY COVENANT OF PROVIDER UNDER THIS AGREEMENT(COLLECTIVELY, "LIABILITIES"). 6.3 If any action or proceeding shall be brought by or against the City in connection with any such liability or claim,Provider, on notice from City, shall defend such action or proceeding at Provider's expense, by or through attorneys reasonably satisfactory to City. 6.4 It is agreed with respect to any legal limitations now or hereafter in effect and affecting the validity or enforceability of the indemnification obligations under this Section, such legal limitations are made a part of the indemnification obligation and shall operate to amend the indemnification obligation to the minimum extent necessary to bring the provision into conformity with the requirements of such limitations, and as so modified,the indemnification obligation shall continue in full force and effect. 6.5 Provider agrees to notify City promptly upon the receipt of any claim or lawsuit brought in connection with any injury, death, or damages on the Center. Provider agrees to make its officers, representatives, agents, and employees available to City, at all reasonable times, for any statements and case preparation necessary for the defense of any claims or litigation for which City may be responsible hereunder. SECTION 7 INSURANCE REQUIREMENTS 7.1 Provider shall abide by the insurance requirements set forth in Exhibit A,which is attached hereto and incorporated herein for all purposes. SECTION 8 AUDIT 8.1 Provider agrees that the City shall, until the expiration of three (3) years after the termination or expiration of this Agreement,have access to and the right to examine any directly pertinent books, documents, papers, and records of Provider involving transactions relating to this Agreement. Provider agrees that the City shall have access during normal working hours to all necessary Provider facilities and shall be provided adequate and appropriate workspace in order to conduct audits in compliance with the provisions of this section. City shall give Provider reasonable advance notice of intended audits. 8.2 Provider further agrees to include in any contractor and subcontractor agreements hereunder a provision to the effect that the contractor and subcontractors agree that the City shall, until the expiration of three(3)years after the expiration or termination of the contract or subcontract,have access to and the right to examine any directly pertinent books, documents,papers,and records of such contractor or subcontractor involving transactions of the contract or subcontract, and further that City shall have access during normal working hours to all contractor and subcontractor facilities and shall be provided Program Provider Agreement 4 of 11 adequate and appropriate work space in order to conduct audits in compliance with the provisions of this paragraph. City shall give the contractor and subcontractor reasonable advance notice of intended audits. SECTION 9 TERNIINATION 9.1 Termination by Provider. This Agreement may be terminated without cause by Provider upon thirty(30) days written notice of such intent to terminate being delivered to the City. 9.2 Termination by City. This Agreement may be terminated without cause by City immediately upon written notice to Provider of such intent to terminate. 9.3 Fiscal Funding;Out. Notwithstanding anything to the contrary, if, for any reason, at any time during the term of the Agreement, the Fort Worth City Council fails to appropriate funds sufficient for the City to fulfill its obligations under this Agreement, the City may terminate the portion of the Agreement regarding such obligations to be effective on the later of(i)ninety(90)calendar days following delivery by the City to Agreement of written notice of the City's intention to terminate or(ii)the last date for which funding has been appropriated by the Fort Worth City Council for the purposes set forth in this Contract. 9.4 Other Remedies. Any termination of this Agreement as provided in this Agreement will not relieve Provider from paying any sum or sums due and payable to City under this Agreement that remains unpaid and due at the time of termination, or any claim for damages then or previously accruing against Provider under this Agreement. Any such termination will not prevent City from enforcing the payment of any such sum or sums or claim for damages by any remedy provided for by law, or from recovering damages from Provider for any default under the Agreement. All City's rights, options, and remedies under this Agreement will be construed to be cumulative,and not one of them is exclusive of the other. City may pursue any or all such remedies or any other remedy or relief provided by law, whether or not stated in this Agreement. No such termination shall relieve City from any obligation it may have to Provider hereunder and City may pursue any and all rights and remedies or relief provided by law,whether or not stated in this Agreement. SECTION 10 NOTICES 10.1 All notices required or permitted under this Agreement may be given to a party personally or by mail, addressed to such party at the address stated below or to such other address as one party may from time to time notify the other in writing. Any notice so given shall be deemed to have been received when deposited in the United States mail so addressed with postage prepaid: CITY: PROVIDER: City of Fort Worth Pathfinders Victor Turner Kathryn Arnold Neighborhood Services Director Chief Executive Officer 908 Monroe St. 6550 Camp Bowie Blvd, Suite 111 Fort Worth, Texas 76102 Fort Worth, TX 76116 With copy to: Program Provider Agreement 5 of 11 City of Fort Worth Attn: Assistant City Attorney, Assistant City Manager,and Neighborhood Services Director 200 Texas Street Fort Worth,Texas 76102 Or to such other address as such party may hereafter designate by notice in writing addressed and mailed or delivered to the other party hereto. SECTION I NONDISCRIMINATION 11.1 Provider shall not engage in any unlawful discrimination based on race, creed, color, national origin, sex, age, religion, disability, marital status, citizenship status, sexual orientation or any other prohibited criteria in any employment decisions relating to this Agreement, and Provider represents and warrants that to the extent required by applicable laws, it is an equal opportunity employer and shall comply with all applicable laws and regulations in any employment decisions. SECTION 12 VENUE AND CHOICE OF LAW 12.1 Provider and City agree that this Agreement shall be construed in accordance with the laws of the State of Texas. If any action, whether real or asserted, at law or in equity, arises on the basis of any provision of this Agreement,venue for such action shall lie in state courts located in Tarrant County, Texas or the United States District Court for the Northern District of Texas—Fort Worth Division. SECTION 13 THIRD-PARTY RIGHTS AND ASSIGNMENTS 13.1 The provisions and conditions of this Agreement are solely for the benefit of the City and Provider, and any lawful assign or successor of Provider, and are not intended to create any rights, contractual or otherwise,to any other person or entity. 13.2 Provider agrees that it will not subcontract or assign all or any part of its rights,privileges or duties hereunder without the prior written consent of the City, and any attempted subcontract or assignment of same without such prior consent of the City shall be void. SECTION 14 BINDING COVENANTS 14.1 Subject to the limitations contained herein, the covenants, conditions and agreements made and entered into by the parties hereunder are declared to be for the benefit of and binding on their respective successors,representatives and permitted assigns, if any. SECTION 15 INDEPENDENT CONTRACTOR 15.1 It is expressly understood and agreed that Provider and its employees, representative, agents, servants, officers, contractors, subcontractors, and volunteers shall operate as independent contractors as to all rights and privileges and work performed under this Agreement, and not as agents, representatives or employees of the City. Subject to and in accordance with the conditions and provisions Program Provider Agreement 6 of 11 of this Agreement, Provider shall have the exclusive right to control the details of its operations and activities and be solely responsible for the acts and omissions of its employees, representative, agents, servants, officers,contractors, subcontractors,and volunteers. Provider acknowledges that the doctrine of respondeat superior shall not apply as between the City and its officers, representatives, agents, servants and employees, and Provider and its employees, representative, agents, servants, officers, contractors, subcontractors, and volunteers. Provider further agrees that nothing herein shall be construed as the creation of a partnership or joint enterprise between City and Provider. It is further understood that the City shall in no way be considered a Co-employer or a Joint employer of Provider or any employees, representative, agents, servants, officers, contractors, subcontractors, and volunteers of Provider. Neither Provider, nor any officers, agents, servants, employees or subcontractors of Provider shall be entitled to any employment benefits from the City. Provider shall be responsible and liable for any and all payment and reporting of taxes on behalf of itself, and any of employees, representative, agents, servants, officers, contractors, subcontractors, and volunteers. SECTION 16 AMENDMENTS CAPTIONS AND INTERPRETATION 16.1 Except as otheiv6se provided in this Agreement, the terms and provisions of this Agreement may not be modified or amended except upon the written consent of both the City and Provider. Captions and headings used in this Agreement are for reference purposes only and shall not be deemed a part of this Agreement. In the event of any dispute over the meaning or application of any provision of this Agreement, this Agreement shall be interpreted fairly and reasonably, and neither more strongly for or against any party, regardless of the actual drafter of this Agreement. SECTION 17 GOVERNMENTAL POWERS AND IMMUNITIES 17.1 It is understood that by execution of this Agreement,the City does not waive or surrender any of its governmental powers or immunities. SECTION 18 AUTHORIZATION AND COUNTERPARTS AND ELECTRONIC SIGNATURES 18.1 By executing this Agreement, Provider's agent affirms that he or she is authorized by Provider or its general partner to execute this Agreement and that all representations made herein with regard to Provider's identity, address,and legal status are true and correct. 18.2 This Agreement may be executed in several counterparts, each of which will be deemed an original,but all of which together will constitute one and the same instrument. A signature received via facsimile or electronically via email shall be as legally binding for all purposes as an original signature. SECTION 19 SEVERABILLITY AND NO WAIVER 19.1 It is agreed that in the event any covenant, condition or provision herein contained is held to be invalid by any court of competent jurisdiction,the invalidity of such covenant,condition or provision shall in no way affect any other covenant, condition or provision does not materially prejudice either Provider or City in connection with the right and obligations contained in the valid covenants, conditions or provisions of this Agreement. 19.2 The failure of either party to insist upon the performance of any term or provision of this Agreement or to exercise any right granted hereunder shall not constitute a waiver of that parry's right to insist upon appropriate performance or to assert any such right on any future occasion. Program Provider Agreement 7 of I SECTION 20 COMPLIANCE WITH LAWS 20.1 This Agreement is subject to all applicable federal, state and local laws, ordinances, rules and regulations, including, but not limited to, all provisions of the City's Charter and ordinances, as amended. If City notifies Provider or any of its officers, agents, employees, contractors, subcontractors, licensees, volunteers, or invitees of any violation of such taws, ordinances, rules or regulations, Provider shall immediately desist from and correct the violation. SECTION 21 SOLE AGREEMENT 21.1 This Agreement, including any exhibits attached hereto and any documents incorporated herein, contains the entire understanding and agreement between the City and Provider, and any lawful assign and successor of Provider, as to the matters contained herein. Any prior or contemporaneous oral or written agreement is hereby declared null and void to the extent in conflict with any provision of this Agreement. SECTION 22 IMMIGRATION NATIONALITY ACT 22.1 Provider shall verify the identity and employment eligibility of its employees who perform work under this Agreement, including completing the Employment Eligibility Verification Form (I- 9). Upon request by City,Provider shall provide City with copies of all 1-9 forms and supporting eligibility documentation for each employee who performs work under this Agreement. Provider shall adhere to all Federal and State laws as well as establish appropriate procedures and controls so that no services will be performed by any Provider employee who is not legally eligible to perform such services. PROVIDER SHALL INDEMNIFY CITY AND HOLD CITY HARMLESS FROM ANY PENALTIES, LIABILITIES, OR LOSSES DUE TO VIOLATIONS OF THIS PARAGRAPH BY PROVIDER, PROVIDER'S EMPLOYEES, SUBCONTRACTORS, AGENTS, OR LICENSEES. City, upon written notice to Provider, shall have the right to immediately terminate this Agreement for violations of this provision by Provider. SECTION 23 BOYCOTTING ISRAEL PROHIBITED 23.1 If Provider has fewer than 10 employees or the Agreement is for less than $100,000, this section 28.1 does not apply. Provider acknowledges that in accordance with Chapter 2270 of the Texas Government Code, City is prohibited from entering into a contract with a company for goods or services unless the contract contains a written verification from the company that it: (I)does not boycott Israel; and (2)will not boycott Israel during the tern of the contract. The terms"boycott Israel"and "company"shall have the meanings ascribed to those terms in Section 808.001 of the Texas Government Code. By signing this Addendum, Provider certifies that Provider's signature provides written verification to City that Provider. (I) does not boycott Israel; and(2) will not boycott Israel during the term of the Agreement. [SIGNATURE PAGE FOLLOWS] Program Provider Agreement 8 of 11 IN WITNESS WHEREOF, the parties have executed this Agreement in multiples in Tarrant County,Fort Worth,Texas. EXECUTED to be effective on the date set forth in Section 3. City: Pathfinders: Name: Victor Turner ` 9 �9-41 Title: Director,Neighborhood Services Dept. By: *Victor Turner has been delegated authority to execute this agreement on behalf of the City. Name: Kathryn Arnold Title: Chief Executive Officer Date: Feb 23,2021 Date: February 16, 2021 CITY OF FORT WORTH INTERNAL ROUTING PROCESS: Approval Recommended: Contract Compliance Manager: By signing I acknowledge that I am the person responsible for the monitoring and administration of this contract, including ensuring all By: I A performance and reporting requirements. Name: Sonia Singleton Title: Assistant Director,oeiborhood Services Dept. � J By: Name: Shauna Shepherd Approved as to Form and Legality: Title: Customer Solutions Analyst City Secretary: oob4�nn�� By: �. — O F�Rr F4�� Name: Taylor C. Paris o° o��dd Title: Assistant City Attorney ra� 0vo 0 Name: Mary Kayser °°°o°°°°°°°° p Contract Authorization: Title: City Secretary �a�nFXpSo�o M&C: 19-0017 OFFICIAL RECORD CITY SECRETARY FT. WORTH, TX Program Provider Agreement 9 of 11 EXHIBIT A INSURANCE 1. Provider's Insurance. Provider shall provide the City with certificate(s) of insurance documenting policies of the following minimum coverage limits that are to be in effect prior to commencement of any work pursuant to this Contract. Provider has an ongoing duty to provide the City with an annual certificate of insurance to evidence coverage. Such insurance shall cover all insurable risks incident to or in connection with the execution,performance, attempted performance, or nonperformance of this Contract. Provider shall maintain the following coverage(s)and limits thereof: 1.1 Coverazes and Limits i. Commercial General Liability(CGL)Insurance a. $1,000,000 each occurrence b. $2,000,000 aggregate limit ii. Business Automobile Liability Insurance a. $1,000,000 each accident on a combined single limit or $250,000 Property Damage $500,000 Bodily Injury per person per occurrence b. Insurance policy shall be endorsed to cover"Any Auto", defined as autos owned, hired, and non-owned when said vehicle is used in the course of the event Licensed herein. iii. Workers' Compensation Insurance a. Part A: Statutory Limits b. Part B: Employer's Liability 1. $100,000 each accident 2. $100,000 disease-each employee 3. $500,000 disease-policy Iimit C. Provider shall not be required to carry the required workers' compensation insurance if Provider does not employ at least one full time employee. 1.2 Additional Requirements i. Such insurance amounts shall be revised upward at City's reasonable option and no more frequently than once every six (6) months, and Provider shall revise such amounts within thirty (30) calendar days following notice to Provider of such requirements. ii. Where applicable, insurance policies required herein shall be endorsed to include City as an additional insured as its interest may appear. Additional insured parties shall include employees, representatives, officers, agents, and volunteers of City. iii. The Workers' Compensation Insurance policy shall be endorsed to include a waiver of subrogation, also referred to as a waiver of rights of recovery, in favor of City. Such insurance shall cover employees performing work on any and all projects. Provider shall maintain coverages, if applicable. Program Provider Agreement 10 of It iv. Any failure on part of City to request certificate(s) of insurance shall not be construed as a waiver of such requirement or as a waiver of the insurance requirements themselves. V. Insurers of Provider's insurance policies shall be licensed to do business in the state of Texas by the Department of Insurance or be otherwise eligible and authorized to do business in the state of Texas. Insurers shall be acceptable to City insofar as their financial strength and solvency and each such company shall have a current minimum A.M. Best Key Rating Guide rating of A-: VII or other equivalent insurance industry standard rating otherwise approved by City. vi. Unless otherwise stated herein or approved by City, deductible limits on insurance policies shall not exceed$10,000 per occurrence. vii. In the event there are any local, federal or other regulatory insurance or bonding requirements for Provider's operations, and such requirements exceed those specified herein,the former shall prevail. viii. Provider shall contact the NSD Director or Park Director, as applicable, to determine whether any contractors or subcontractors will need to provide insurance. Program Provider Agreement 11 of 11