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City, its Council, commissions, boards, committees, officers, employees and <br /> agents or Contractor shall procure a bond guaranteeing payment of losses <br /> and related investigations, claim administration and defense expenses. <br /> Concurrently with the execution of this Agreement, Contractor shall furnish <br /> City with certificates and copies of information or declaration pages of the <br /> insurance required hereunder and, with respect to evidence of commercial <br /> general liability and automobile liability insurance coverage, original <br /> endorsements: <br /> (a) Precluding cancellation or reduction in coverage before the expiration <br /> of thirty (30) days after City shall have received written notification of <br /> cancellation or reduction in coverage by first class mail, postage <br /> prepaid; <br /> (b) Providing that Contractor's insurance shall apply separately to each <br /> insured against whom claim is made or suit is brought, except with <br /> respect to the limits of the insurer's liability (cross liability <br /> endorsements); <br /> (c) Naming City, its Council, commissions, boards, committees, officers, <br /> employees and agents as additional insureds; and <br /> (d) Providing that Contractor's insurance shall be primary insurance <br /> relating to Contractor's work hereunder with respect to City, its <br /> Council, commissions, boards, committees, officers, employees and <br /> Agents, and further providing that any insurance or self - insurance <br /> maintained by City for itself, its Council, commissions, boards, <br /> committees, officers, employees and agents shall not be excess of <br /> Contractor's insurance and shall not be contributory with it. <br /> Contractor will defend, indemnify and hold harmless City and its officers, <br /> agents, employees and volunteers from and against all claims, damages, <br /> losses and expenses including attorney fees arising out of the performance <br /> of the Services, caused in whole or in part by the willful misconduct or any <br /> negligent act or omission of the Contractor, any subcontractor, anyone <br /> directly or indirectly employed by any of them or anyone for whose acts any <br /> of them may be liable, except where caused by the active negligence, sole <br /> negligence, or willful misconduct of City. <br /> 9. Miscellaneous. Contractor shall provide, on the execution of this <br /> Agreement, a good and sufficient corporate surety bond in the penal sum of <br /> one hundred percent (100 %) of amount bid, which bond shall be <br /> conditioned upon the faithful performance of all work required to be <br /> performed by Contractor under this Agreement. Said bond shall be liable <br /> for any and all penalties and obligations which may be incurred by <br /> Contractor under this Agreement. Acceptance of the bond by the City is <br /> subject to the review and approval of the bond by the City Attorney's office. <br />