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officers, boards, commissions, agents and employees against any responsibility or liability <br /> in contravention of Section 2782 of the California Civil Code. <br /> 8. Contractor, at its sole cost and expense, shall acquire and maintain in full force and effect <br /> throughout the term of this Agreement Workers' Compensation, employer's liability, <br /> commercial general liability, and owned, non-owned and hired automobile liability <br /> insurance coverage relating to Contractor's Work to be performed hereunder covering <br /> City's risks in form subject to the approval of the City Attorney. The minimum amounts of <br /> coverage corresponding to the aforesaid categories of insurance per insurable event shall <br /> be 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 or <br /> disease. <br /> Commercial General Liability $1,000,000.00 per occurrence, $2,000,000 <br /> aggregate for bodily injury, personal injury and <br /> property damage. <br /> Automobile Liability $1,000,000.00 per occurrence, (coverage <br /> required to the extent applicable to <br /> Contractors vehicle usage in performing work <br /> hereunder). <br /> Any deductibles or self-insured retentions must be declared to, and approved by City. At <br /> the option of City either Contractor's insurer shall reduce or eliminate the deductibles or <br /> self-insured retentions with respect to City, iYs Council, commissions, boards, committees, <br /> officers, employees and agents or Contractor shall procure a bond guaranteeing payment <br /> of losses and related investigations, claim administration and defense expenses. <br /> Concurrently with the execution of this Agreement, Contractor shall furnish City with <br /> certificates and copies of information or declaration pages of the insurance required <br /> hereunder and, with respect to evidence of commercial general liability and automobile <br /> liability insurance coverage, original endorsements: <br /> (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 /> (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 insurer's <br /> liability (cross liability endorsements); <br /> (c) Naming City, its Council, commissions, boards, committees, officers, employees and <br /> 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, boards, <br /> committees, officers, employees and Agents, and further providing that any insurance <br /> or self-insurance maintained by City for itself, its Council, commissions, boards, <br /> committees, officers, employees and agents shall not be excess of Contractor's <br /> insurance and shall not be contributory with it. <br /> 9. 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 /> ATTY/AGRI2011.131NVATER TANK EXTERIOR FINISH COATING PROJECT 00520.7 <br /> REV: 11/29111 <br /> Page 5 of 7 <br />