![The agreement language places liability exposures, financial burdens and reliance on the City’s insurance
in the event of a loss/peril or catastrophic event, as the “System Owner” insurance coverage is insufficient
given the size of the risk exposure. [This argument rests on the premise that solar panels are inherently
high risk. SSF’s liability insurance is $5M per occurrence, which is higher than the $1M that the city
requires its contractors to carry. This is a well-respected vendor with a long track record.]
The city is encouraged to re-draft Solar Power Purchase Agreement and incorporate a transfer of risk
strategy, as a transfer of risk shifts the financial and legal responsibility from the city to the vendor
“System Owner”.
The city should also consider pursuing other solar panel vendors that may be inclined to enter into an
agreement that is more favorable to the city and limits its city exposures. [This would not be possible as
there are no other scenarios where the projects w](https://pbs.twimg.com/media/HTTMwqYWsAAcAAz.png?name=small&format=webp)
ALT The agreement language places liability exposures, financial burdens and reliance on the City’s insurance in the event of a loss/peril or catastrophic event, as the “System Owner” insurance coverage is insufficient given the size of the risk exposure. [This argument rests on the premise that solar panels are inherently high risk. SSF’s liability insurance is $5M per occurrence, which is higher than the $1M that the city requires its contractors to carry. This is a well-respected vendor with a long track record.] The city is encouraged to re-draft Solar Power Purchase Agreement and incorporate a transfer of risk strategy, as a transfer of risk shifts the financial and legal responsibility from the city to the vendor “System Owner”. The city should also consider pursuing other solar panel vendors that may be inclined to enter into an agreement that is more favorable to the city and limits its city exposures. [This would not be possible as there are no other scenarios where the projects w


































