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FXS:djk 09/07/99 P;... ..aredIRedwood/Councill Agmt- 290 8. Contractor, at its sole cost and expense, shall acquire and maintain in full force and effect throughout the term of this Agreement Workers' Compensation, employer's liability, commercial general liability, and owned, non-owned and hired automobile liability insurance coverage relating to Contractor's Work to be performed hereunder covering City's risks in form subject to the approval of the City Attorney. The minimum amounts of coverage corresponding to the aforesaid categories of insurance per Commercial General Liability Minimum Limits Statutory minimum. $1,000,000.00 per accident for bodily injury or disease. $1,000,000.00 per occurrence, $2,000,000.00 for bodily injury, personal injury and property damage. $1,000,000.00 per accident, $2,000,000.00 for bodily injury and property damage (coverage required to the extent applicable to Contractor's vehicle usage ir performing work hereunder). Insurance Category Workers' Compensation Employer's Liability Automobile Liability Any deductibles or self-insured retentions must be declared to, and approved by City. At the option of City either Contractor's insurer shall reduce or eliminate the deductibles or self-insured retentions with respect to City, its Council, commissions, boards, committees, officers, employees and agents or Contractor shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses. Concurrently with the execution of this Agreement, Contractor shall furnish City with certificates and copies of information or declaration pages of the insurance required hereunder and, with respect to evidence of commercial general liability and automobile liability insurance coverage, original endorsements: a) Precluding cancellation or reduction in coverage before the expiration of thirty (30) days after City shall have received written notification of cancellation or reduction in coverage by certified mail, return receipt requested; b) Providing that Contractor's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability (cross liability endorsements); c) Naming City, its Council, commissions, boards, committees, officers, employees and agents as additional insureds; and d) Providing that Contractor's insurance shall be primary insurance relating to Contractor's work hereunder with respect to City, its 6 ,. .. .. , ", .._.. ~ ".""'-""""".'."-.-"""'"