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<br />completion of the Services or the termination of this Agreement, which ever occurs later. <br />Pursuant to California Government Code Section 8546.7 the parties to this Agreement <br />shall be subject to the examination and audit of representative of the Auditor General of <br />the State of California for a period of three (3) years after final payment under the <br />Agreement. The examination and audit shall be confined to those matters connected <br />with the performance of this Agreement including, but not limited to, the cost of <br />administering the Agreement. <br />10. SECURITY. Developer shall cause Wentz Group to furnish to City and Agency, <br />and file with the City Clerk and Agency Secretary, a bond to guaranty the faithful <br />performance of the Streetscape Improvements and Street Modifications and a separate <br />bond to secure payment of the claims of laborers, mechanics, and material suppliers <br />employed under the contract. Both bonds shall be in an amount equal to at the not-to <br />Exceed Streetscape Cost and the payment bond shall contain all provisions required by <br />law to be included in such bond forms, including the requirements of Civil Code <br />Sections 3247 - 3252. securing the faithful performance of the Contractor's obligations <br />under this Agreement within the time herein specified, which bond or instrument of <br />credit shall be in an amount equal to One Hundred Percent (100%) of the Streetscape <br />Improvement and Street Modification Costs. . All bonds shall be issued by a corporate <br />surety admitted in the State of California and shall name the City and the Agency as <br />joint obligees. <br />11. INDEMNITY AND HOLD HARMLESS. <br />A. Developer hereby agrees to defend, indemnify, and save harmless City, <br />its Council, the Agency, their boards, commissioners, officers, employees and agents, <br />from and against any and all claims, suits, actions, liability, loss, damage, expense, cost <br />(including, without limitation, costs and fees of litigation) of every nature, kind or <br />description, which may be brought against, or suffered or sustained by, City, its Council, <br />the Agency, their boards, commission, officers, employees, or agents, arising out of or <br />related to the performance of the Services (collectively "Claims"), to the extent caused <br />in whole or in part by any negligent act or omission of Developer, its officers and <br />employees, or anyone for whose acts any of them may be liable, except where caused <br />by the active negligence, sole negligence, or willful misconduct of City or Agency. <br /> <br />Atty/Agr/2005.072 <br />101105 <br />840847v1233786/0001LBack <br /> <br />15 <br />