Laserfiche WebLink
as a result of the use of inferior or defective materials, equipment or <br /> workmanship, Contractor agrees, upon receipt of notice from City, and <br /> without expense to City, to promptly repair or replace such material or <br /> workmanship and /or correct any and all defects therein. If Contractor, after <br /> such notice, fails to proceed promptly to comply with the terms of this <br /> guarantee, City may perform the work necessary to effectuate such <br /> correction and recover the cost thereof from Contractor or his sureties. <br /> Any and all other special guarantees which may be applicable to definite <br /> parts of the work under this Agreement shall be considered as an additional <br /> guarantee and shall not reduce or limit the guarantee as provided by <br /> Contractor pursuant to this paragraph during the first year of the life of such <br /> guarantee. <br /> 7. Business License Contractor will obtain and maintain a City of Redwood <br /> City Business License for the term of the Agreement, as may be amended <br /> from time -to -time. <br /> 8. Insurance and Indemnification. Contractor, at its sole cost and expense, <br /> shall acquire and maintain in full force and effect throughout the term of this <br /> Agreement Workers' Compensation, employer's liability, commercial <br /> general liability, and owned, non -owned and hired automobile liability <br /> insurance coverage relating to Contractor's Work to be performed <br /> hereunder covering City's risks in form subject to the approval of the City <br /> Attorney. The minimum amounts of coverage corresponding to the <br /> aforesaid categories of insurance per insurable event shall be as follows: <br /> Insurance Category Minimum Limits <br /> Workers' Compensation Statutory minimum. <br /> Employer's Liability $1,000,000.00 per accident for bodily <br /> injury or disease. <br /> Commercial General Liability $1,000,000.00 per occurrence, <br /> $2,000,000 aggregate for bodily injury <br /> personal injury and property damage. <br /> Automobile Liability $1,000,000 per occurrence, (coverage <br /> required to the extent applicable to <br /> Contractor's vehicle usage in <br /> performing work hereunder). <br /> Any deductibles or self- insured retentions must be declared to, and <br /> approved by City. At the option of City either Contractor's insurer shall <br /> reduce or eliminate the deductibles or self - insured retentions with respect to <br />