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<br />q \-\-\\ <br /> <br />Payments of amounts due hereunder shall be made by City within thirty (30) <br /> <br />days following acceptance by the City of contractor's services and receipt by City of <br /> <br />contractor's invoice or statement therefore. <br /> <br />3. TERM. <br /> <br />The term of this Agreement shall commence upon the date first <br /> <br />hereinabove written and shall expire <br /> <br />,2000; <br /> <br />4. INSURANCE. General. The Contractor shall not commence any work until he <br /> <br />obtains, at his own expense, all required insurance. Such insurance shall have <br /> <br />the approval of the City as to limit, form and amount. The Contractor shall not <br /> <br />permit any subcontractor to commence work on this project until the same <br /> <br />insurance requirements have been complied with by such subcontractor. <br /> <br />Companies writing insurance for the Contractor shall be licensed to do business <br /> <br />in the State of California or be permitted to do business under the Surplus Line <br /> <br />Law of the State of California. <br /> <br />Contractor shall take out, pay for, and maintain throughout the duration of this <br /> <br />Contract the following insurance coverage: <br /> <br />a. Commercial and Automobile Liability Insurance. This insurance shall <br /> <br />protect the Contractor from claims for bodily injury and property <br /> <br />damage which may arise because of the nature of the work or from <br /> <br />operations under this Contract. <br /> <br />1. Type of Coverage. This policy of insurance shall name the City of <br /> <br />Redwood City, its Council, commissions, boards, officers, employees, <br /> <br />and agents as additional insureds. This policy shall provide coverage <br /> <br />to each of the said insureds with respect to said work. Both bodily <br /> <br />injury and property damage insurance must be on an occurrence <br /> <br />basis, and said policy shall provide that the coverage provided thereby <br /> <br />". '---"'--'.Y-' ..._... <br />