Agmt21 Landscape Structures, Inc. (LSI)

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12.1.3 Workers' Compensation Insurance. Contractor will maintain coverage as required by the California Labor Code. The Workers' Compensation policy will contain an endorsement stating that the insurer waives any right to subrogation against the City, its officers, agents, employees and volunteers. 12.1.4 Employer's Liability Insurance. Contractor will maintain coverage with limits not less than $1,000,000 per each accident for bodily injury or disease. 12.2. Notice of Cancellation. This insurance will be in force during the life of the Agreement and any extensions of it and will not be canceled without Contractor providing thirty (30) days prior written notice to City sent pursuant to the Notice provisions of this Agreement. 12.3 Providing Certificates of Insurance and Endorsements. Prior to City's execution of this Agreement, Contractor will provide to City certificates of insurance and above -referenced endorsements sufficient to satisfaction of City's Risk Manager. In no event will Contractor commence any work or provide any Work under this Agreement until certificates of insurance and endorsements have been accepted by City's Risk Manager. 12.4 Failure to Maintain Coverage. If Contractor fails to comply with these insurance requirements, then City will have the option to declare Contractor in breach, or may purchase replacement insurance or pay the premiums that are due on existing policies in order to maintain the required coverages. Contractor is responsible for any payments made by City to obtain or maintain insurance and City may collect these payments from Contractor or deduct the amount paid from any sums due Contractor under this Agreement. 12.5 Submission of Insurance Policies. City reserves the right to require, at any time, complete copies of any or all required insurance policies and endorsements. 13. Payment and Performance Bonds. Contractor is required to provide a payment bond and a performance bond, each in the penal sum of not less than 100% of the compensation payable to Contractor, using bond forms provided by City. Each bond must be issued by a surety admitted in California. 14. Business License. Contractor will obtain and maintain a City of Redwood City Business License for the term of the Agreement, including any extension terms. 15. Ownership of Documents. If Exhibit "A" or any task order or purchase order under this Agreement lists a document, report, or other material as an item to be provided by Contractor to City (a "Deliverable"), such Deliverable will be and remain the property of City. Contractor will provide a copy of all Deliverables to City in their native format. Contractor may retain one copy of any Deliverable for its internal records, but it may not use a Deliverable for any other purpose without the prior written consent of City. Any reports and other material prepared by or on behalf of Contractor under this Agreement that are not Deliverables (collectively, the "Contractor Documents") will be and remain the REV: 03-30-2021 RL ATTY/AGR.2021.064/Landscape Structures, Inc. (Shade Structure Installation) (Page 6 of 11)