Laserfiche WebLink
(a) Precluding cancellation or reduction in coverage before the expiration of thirty (30) <br /> days after City shall have received written notification of cancellation or reduction in <br /> coverage by first class mail, postage prepaid; <br /> <br />(b) Providing that Contractor's insurance shall apply separately to each insured against <br /> whom claim is made or suit is brought, except with respect to the limits of the <br /> insurer's liability (cross liability endorsements); <br /> <br />(c) Naming City, its Council, commissions, boards, committees, officers, employees <br /> and agents as additional insureds; and <br /> <br />(d) Providing that Contractor's insurance shall be primary insurance relating to <br /> Contractor's work hereunder with respect to City, its Council, commissions, boards, <br /> committees, officers, employees and Agents, and further providing that any <br /> insurance or self-insurance maintained by City for itself, its Council, commissions, <br /> boards, committees, officers, employees and agents shall not be excess of <br /> Contractor's insurance and shall not be contributory with it. <br /> <br />Contractor shall provide, on the execution of this Agreement, a good and sufficient <br />corporate surety bond in the penal sum of one hundred percent (100%) of amount bid, <br />which bond shall be conditioned upon the faithful performance of all work required to be <br />performed by Contractor under this Agreement. Said bond shall be liable for any and all <br />penalties and obligations which may be incurred by Contractor under this Agreement. <br />Acceptance of the bond by the City is subject to the review and approval of the bond by <br />the City Attorney's office. <br /> <br />10. <br /> <br />In addition to the bond required under Paragraph 9 hereof, Contractor shall furnish a <br />good and sufficient corporate surety bond in the penal sum of one hundred percent <br />(100%) of amount of bid, which bond shall conform strictly with the provisions of Chapter <br />7, Title 15, Part 4, Division 3, of the Civil Code of the State of California, and all <br />amendments thereto. Acceptance of the bond by the City is subject to the review and <br />approval of the bond by the City Attorney's office. <br /> <br />11. <br /> <br />Pursuant to California Public Contract Code Section 7100, the acceptance by Contractor <br />of an undisputed payment made under the terms of the Contract shall operate as, and <br />shall be, a release to City, and their duly authorized agents, from all claim of and/or <br />liability to Contractor arising by virtue of the Contract related to those amounts. Disputed <br />contract claims in stated amounts may be specifically excluded by Contractor from the <br />operation of the release. <br /> <br />12. <br /> <br />The Contractor may substitute securities for the amounts retained by the City' to ensure <br />performance of the Contract in accordance with the provisions of Section 22300 of the <br />Public Contract Code. <br /> <br />13. <br /> <br />The representations made herein, including the bidder's licensing information hereinafter <br />furnished, are made under penalty of perjury. The undersigned understands that any bid <br />not containing said licensing information, or containing any information which is <br />subsequently proven false, shall be considered non-responsive, and shall be rejected by <br />City. <br /> <br />III <br /> <br /> II/ <br /> <br />F:Atty/Agr/Agr.135 <br />070703 <br /> <br />6 <br /> <br /> <br />