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The workers' compensation insurance shall be endorsed to waive any right to <br />subrogation against the City, and its respective officers, agents and employees. <br />iv. Professional Errors & Omissions insurance with a minimum limit of $2,000,000 <br />per occurrence with an aggregate of no less than twice the per occurrence limit. <br />v. Crime/Employee Dishonesty: $1,000,000 to include employee dishonesty, <br />disappearance, theft, and forgery or alteration coverage in a form and issued by <br />an insurance or bonding company or companies acceptable to the City. <br />vi. Cyber Liability insurance with a minimum of $1,000,000 per occurrence. <br />vii. Maintain at all time during the pendency of this Agreement, a fidelity bond of <br />one million ($1,000,000) dollars. <br />c. The commercial general liability and automobile liability policies are to contain, or be <br />endorsed to contain, the following provisions: <br />i. The City, and its respective officers, agents and employees are to be covered as <br />additional insureds as respects: liability arising out of work or operations <br />performed by or on behalf of the Administrator; or automobiles owned, leased, <br />hired or borrowed by the Administrator. <br />ii. For any claims related to this project, the Administrator's insurance coverage <br />shall be primary insurance as respects the City, and its respective officers, <br />agents and employees. Any insurance or self-insurance maintained by City, <br />and their respective officers, agents and employees, shall be excess of the <br />Administrator's insurance and shall not contribute with it. <br />iii. Each insurance policy required by this clause shall be endorsed to state that <br />coverage shall not be canceled by either party, except after thirty (30) days' <br />prior written notice by certified mail, return receipt requested, has been given <br />to the City. <br />d. Prior to commencement of work pursuant to this Agreement, Administrator shall <br />provide the City with a certificate of insurance and required endorsements evidencing <br />that such insurance has been obtained and is in full force and effect. Such coverage <br />shall provide thirty (30) calendar days' notice of intent to cancel or non -renewal to the <br />and City. <br />e. Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. <br />Best's rating of no less than A-: VII, unless otherwise acceptable to the City. <br />17. NOTICES: All notices, demands, requests, or approvals which are required under this Agreement, or <br />which either the City or the Administrator may desire to serve upon the other, shall be in writing and shall <br />be conclusively deemed served when delivered personally, or forty-eight (48) hours after the deposit <br />thereof in the United States Mail with postage pre -paid. Notices shall be mailed to each party at the <br />addresses below: