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<br />DES:djk 1I/09/99
<br />F: SharedIRedwoodlCounciV Agmt-305
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<br />Insurance Cateoorv
<br />Workers' Compensation
<br />
<br />Minimum Limits
<br />
<br />Statutory minimum.
<br />
<br />Employer's Liability
<br />
<br />$1,000,000 per accident for
<br />bodily injury or disease.
<br />
<br />Commercial General Liability
<br />
<br />$1,000,000.00 per occurrence,
<br />$2,000,000.00 aggregate for
<br />bodily injury, personal injury and
<br />property damage.
<br />
<br />Automobile Liability
<br />
<br />$1,000,000.00 per accident,
<br />$2,000,000.00 aggregate for bodily
<br />injury and property damage (coverage
<br />required to the extent applicable to
<br />Contractor's vehicle usage in
<br />performing work hereunder).
<br />
<br />Any deductibles or self-insured retentions must be declared to, and approved by City. At
<br />the option of City either Contractor's insurer shall reduce or eliminate the deductibles or
<br />self-insured retentions with respect to City, its Council, commissions, boards, committees,
<br />officers, employees and agents or Contractor shall procure a bond guaranteeing payment
<br />of losses and related investigations, claim administration and defense expenses.
<br />
<br />Concurrently with the execution of this Agreement, Contractor shall furnish City with
<br />certificates and copies of information or declaration pages of the insurance required
<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 City shall have received written notification of cancellation or reduction in
<br />coverage by certified mail, return receipt requested;
<br />
<br />b) Providing that Contractor's insurance shall apply separately to each insured against
<br />whom claim is made or suit is brought, except with respect to the limits of the
<br />insurer's liability (cross liability endorsements);
<br />
<br />c) Naming City, its Council, commissions, boards, committees, officers, employees and
<br />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 City, its Council, commissions, boards,
<br />committees, officers, employees and Agents, and further providing that any
<br />insurance or self-insurance maintained by City for itself, its Council, commissions,
<br />boards, committees, officers, employees and agents shall not be excess of
<br />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 />
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