Agmt10 Recology San Mateo County

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• • 3999 Contractor shall furnish renewal certificates to Agency to demonstrate maintenance 4000 of the required coverages throughout the Term. 4001 F. Other Insurance Requirements 4002 1. In the event performance of any services is delegated to a Subcontractor, 4003 Contractor shall require such subcontractor to provide statutory workers' 4004 compensation insurance and employer's liability insurance for all of the 4005 Subcontractor's employees engaged in the work. The liability insurance 4006 required by Subsection A.2 and the automobile liability policy required by 4007 subsection A.3 shall cover all Subcontractors or the Subcontractor must furnish 4008 evidence of insurance provided by it meeting all of the requirements of this 4009 Section 13.02. 4010 2. Contractor shall comply with all requirements of the insurers issuing policies. 4011 The carrying of insurance shall not relieve Contractor from any obligation under 4012 this Agreement, including those imposed by Section 13.01. If any claim is 4013 made by any third Person against Contractor or any Subcontractor on account 4014 of any occurrence related to this Agreement, other than claims by employees 4015 for work - related incidents, Contractor shall promptly report the facts in writing to 4016 the insurance carrier and to the Agency. 4017 3. If Contractor fails to procure and maintain any insurance required by this 4018 Agreement, Agency may take out and maintain such insurance as it may deem 4019 proper and may require Contractor to reimburse it for the cost incurred within 4020 thirty (30) Days and /or deduct the cost from any monies due Contractor. 4021 Agency may also treat the failure as a Contractor default. 4022 4. Agency is not responsible for payment of premiums for or deductibles under 4023 any required insurance coverages. 4024 5. Any excess or umbrella policies shall be written on a "following form" basis. 4025 13.03 FAITHFUL PERFORMANCE BOND 4026 On or before the Effective Date, Contractor shall file with Agency a bond securing the 4027 Contractor's faithful performance of its obligations under this Agreement. The principal 4028 sum of the bond shall be no less than ten percent (10 %) of the amount of the 2011 4029 annual Revenue Requirement for Agency shown on Attachment N. The form of the 4030 bond shall be as set out in Attachment F. The bond shall be executed as surety by a 4031 corporation admitted to issue surety bonds in the State of California, regulated by the 4032 California Insurance Commissioner, and with a financial condition and record of service 4033 satisfactory to Agency. 4034 The term of the bond shall be twenty -four (24) months. The bond shall be extended, or 4035 replaced by a new bond in the same principal sum (adjusted by the percentage change 4036 in the Consumer Price Index), for the same Term (i.e., twenty -four (24) months) and in 4037 the same form, bi- annually thereafter. Not less than ninety (90) Days before the 4038 expiration of the initial, or any subsequent, bond, Contractor shall furnish either a 4039 replacement bond or a continuation certificate substantially in the form attached as 4040 Attachment F, executed by the surety. 4041 It is the intention of this section that there be in full force and effect at all times a bond 4042 securing the Contractor's faithful performance of the Agreement, throughout its Term. Franchise Agreement for Collection Services with Recology San Mateo County City of Redwood City ATTY /AGR/2010.014 040510 Page 100 of 115