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5
Each insurance policy required by this clause shall be endorsed to state that coverage shallnot be suspended, voided, canceled or non-renewed by either party, reduced in coverageor in limits except after thirty (30) days' prior written notice by certified mail, return receiptrequested, has been given to COUNTY except for nonpayment of premium.
ACCEPTABILITY OF INSURERS
lnsurance is to be placed with insurers with a Best's rating of no less than A-: Vll. COUNTY, withthe approval of the Risk Manager, may accept coverage with caniers having lower Best's Ratingsupon review of financial information concerning ORGANIZATION and insurance canier. COUNTYreserves the right to require that ORGANIZATION'S insurer be a licensed and admitted insurer inthe State of Nevada, or on the lnsurance Commissione/s approved but not admitted list.
VERI FICATION OF COVERAGE
ORGANIZATION shall furnish COUNTY with certificates of insurance and with originalendorsements affecting coverage required by this exhibit. The certificates and endorsements foreach insurance policy are to be signed by a person authorized by that insurer to bind coverage onits behaH. All certificates and endorsements are to be addressed to the specific COUNTYcontracting deparEnent and be received and approved by the COUNTY before workcommences. COUNTY reserves the right to require complete, certified copies of all requiredinsurance policies, at any time.SUBCONTRACTORS
ORGANIZATION shall include all Subcontractors as insured under its policies or shall furnishseparate certificates and endorsements for each Subcontractor. All coverage for Subcontractorsshall be subject to all of the requirements stated herein.
MISCELLAN EOUS CONDITIONS
ORGANIZATION shall be responsible for and remedy all damage or loss to any property,including property of COUNTY, caused in whole or in part by ORGANIZATION, anySubcontractor, or anyone employed, directed or supervised by ORGANIZATION.Nothing herein contained shall be construed as limiting in any way the extent to which theORGANIZATION may be held responsible for payment of damages to persons or propertyresulting from its operations or the operations of any Subcontractor under it.ln addition to any other rdmedies COUNTY may have if ORGANIZATION fails to provide ormaintain any insurance policies or policy endorsements to the extent and within the timeherein required, COUNW may, at its sole option:a. Order ORGANIZATION to stop work under this Agreement and/or withholdany payments which become due ORGANIZATION hereunder untilORGANIZATION demonstrates compliance with the requirements hereof;
b. Purchase such insurance to cover any risk for which COUNTY may beliable through the operations of ORGANIZATION if under this Agreement anddeduct or retain the amount of the premiums for such insurance from any sums dueunder the Agreement;
c. Terminate the Agreement.
1
2.
3.
PROFESSIONAL SERVICES AGREEMENT_ THE CHILDREN'S CABINET, INC.
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