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<br />DES:djk 03/29/99 <br />F: Shared/Redwood/Council/ Agmt- 249 <br /> <br />hereunder and, with respect to evidence of commercial general liability and automobile <br />liability insurance coverage, original endorsements: <br /> <br />a) Precluding cancellation or reduction in coverage before the expiration of thirty (30) <br />days after aty shall have received written notification of cancellation or reduction <br />in coverage by certified mail, return receipt requested; <br /> <br />b) Providing that Contractor's insurance shall apply separately to each insured <br />against whom claim is made or suit is brought, except with respect to the limits of <br />the insurer's liability (cross liability endorsements); <br /> <br />c) Naming aty, its Council, commissions, boards, committees, officers, employees <br />and agents as additional insureds; and <br /> <br />d) Providing that Contractor's insurance shall be primary insurance relating to <br />Contractor's work hereunder with respect to aty, its Council, commissions, <br />boards, committees, officers, employees and Agents, and further providing that <br />any insurance or self-insurance maintained by aty for itself, its Council, <br />commissions, boards, committees, officers, employees and agents shall not be <br />excess of Contractor's insurance and shall not be contributory with it. <br /> <br />9. Contractor shall provide, on the execution of this Agreement, a good and sufficient <br />corporate surety bond in the penal sum of one hundred percent (100%) of amount bid, <br />which bond shall be conditioned upon the faithful performance of all work required to be <br />performed by Contractor under this Agreement. Said bond shall be liable for any and all <br />penalties and obligations which may be incurred by Contractor under this Agreement. <br />Acceptance of the bond by the Oty is subject to the review and approval of the bond by <br />the Oty Attorney's office. <br /> <br />1 O. In addition to the bond required under Paragraph 9 hereof, Contractor shall furnish a <br />good and sufficient corporate surety bond in the penal sum of one hundred percent <br />(100%) of amount of bid, which bond shall conform strictly with the provisions of <br />O1apter 7, TItle 15, Part 4, Division 3, of the Ovil Code of the State of California, and all <br />amendments thereto. Acceptance of the bond by the aty is subject to the review and <br />approval of the bond by the Oty Attorney's office. <br /> <br />11. Pursuant to California Public Contract Code Section 7100, the acceptance by <br />Contractor of an undisputed payment made under the terms of the Contract shall <br />operate as, and shall be, a release to Oty, and their duly authorized agents, from all <br />claim of and! or liability to Contractor arising by virtue of the Contract related to those <br />amounts. Disputed contract claims in stated amounts may be specifically excluded by <br />Contractor from the operation of the release. <br /> <br />12. The Contractor may substitute securities for the amounts retained by the Oty to ensure <br />performance of the Contract in accordance with the provisions of Section 22300 of the <br />Public Contract Code. <br /> <br />13. The representations made herein, including the bidder's licensing information <br />hereinafter furnished, are made under penalty of perjury. The undersigned understands <br />that any bid not containing said licensing information, or containing any information <br />which is subsequently proven false, shall be considered non-responsive, and shall be <br />rejected byaty. <br /> <br />IN . WITNESS WHE~EOF, the parties hereto have executed this Agreement <br />this ,..K-i day of Aor, , c¡ .1999. <br />v <br /> <br />6 <br /> <br /> <br />.- r <br />