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� 8. Insurance and Indemnification. Contractor, at its sole cost and expense, shall
<br /> • acquire and maintain in full force and effect throughout the term of this Agreement
<br /> Workers' Compensation, employer's liability, commercial general liability, and
<br /> owned, non-owned and hired automobile liabiliry insurance coverage relating to
<br /> Contractor's Work to be performed hereunder covering Ciry's risks in form subject
<br /> to the approval of the Ciry Attorney. The minimum amounts of coverage
<br /> corresponding to the aforesaid categories of insurance per insurable event shall be
<br /> as follows:
<br /> Insurance Cateaorv Minimum Limits
<br /> Workers' Compensation Statutory minimum.
<br /> Employer's Liability $1,000,000.00 per accident for bodily injury
<br /> or disease.
<br /> Commercial General Liability $1,000,000.00 per occurrence, $2,000,000
<br /> aggregate for bodily injury, personal injury
<br /> 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 performing
<br /> work hereunder).
<br /> Any deductibles or self-insured retentions must be declared to, and approved by
<br /> City. At the option of City either Contractor's insurer shall reduce or eliminate the
<br /> deductibles or self-insured retentions with respect to City, its Council,
<br /> commissions, boards, committees, officers, employees and agents or Contractor
<br /> shall procure a bond guaranteeing payment of losses and related investigations,
<br /> claim administration and defense expenses.
<br /> Concurrently with the execution of this Agreement, Contractor shall furnish City
<br /> with certificates and copies of information or declaration pages of the insurance
<br /> required hereunder and, with respect to evidence of commercial general liability
<br /> and automobile liability insurance coverage, original endorsements:
<br /> (a) Precluding cancellation or reduction in coverage before the expiration of
<br /> thirty (30) days after City shall have received written notification of
<br /> cancellation or reduction in coverage by first class mail, postage prepaid;
<br /> (b) Providing that Contractor's insurance shall apply separately to each insured
<br /> against whom claim is made or suit is brought, except with respect to the
<br /> limits of the insurer's liability (cross liability 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 relating to
<br /> Contractor's work hereunder with respect to City, its Council, commissions,
<br /> boards, committees, officers, employees and Agents, and further providing
<br /> that any insurance or self-insurance maintained by City for itself, its Council,
<br /> commissions, boards, committees, officers, employees and agents shall not
<br /> be excess of Contractor's insurance and shall not be contributory with it.
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