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Contractor's obligation to provide them. City reserves the right to require complete, certified copies of all
<br />required insurance policies, including endorsements, required by these specifications, at any time.
<br />Sub -Contractors
<br />Contractor shall require and verify that all sub -contractors maintain insurance meeting all requirements
<br />stated herein, and Contractor shall ensure that City is an additional insured on insurance required from
<br />sub -contractors. For CGL coverage, sub -contractors shall provide coverage with a form at least as broad
<br />as CG 20 38 04 13.
<br />Surety Bonds
<br />Contractor shall provide the following Surety Bonds:
<br />1. Bid Bond
<br />2. Performance Bond
<br />3. Payment Bond
<br />4. Maintenance Bond
<br />The Payment Bond and the Performance Bond shall be in a sum equal to the contract price. If the
<br />Performance Bond provides for a one-year warranty a separate Maintenance Bond is not necessary. If the
<br />warranty period specified in the contract is for longer than one year a Maintenance Bond equal to 10% of
<br />the contract price is required. Bonds shall be duly executed by a responsible corporate surety, authorized
<br />to issue such bonds in the State of California and secured through an authorized agent with an office in
<br />California.
<br />Failure to Maintain Insurance Coverage
<br />If Contractor, for any reason, fails to maintain insurance coverage which is required pursuant to this
<br />contract, the same shall be deemed a material breach of contract. City, at its sole option, may terminate
<br />this contract at any time and obtain damages from Contractor resulting from said breach.
<br />Special Risks or Circumstances
<br />City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior
<br />experience, insurer, coverage, or other circumstances.
<br />7. INDEMNIFICATION
<br />Contractor agrees to defend, and shall indemnify and hold harmless the City, its officers, agents,
<br />employees, contractors, special counsel, and representatives from liability: (1) for personal injury,
<br />damages, just compensation, restitution, judicial or equitable relief arising out of claims for personal
<br />injury, including death, and claims for property damage, which may arise from the negligent operations
<br />of the Contractor, its subcontractors, agents, employees, or other persons acting on its behalf which relates
<br />to the services described in section 1 of this Agreement; and (2) from any claim that personal injury,
<br />damages, just compensation, restitution, judicial or equitable relief is due by reason of the terms of or
<br />effects arising from this Agreement. This indemnity and hold harmless agreement applies to all claims for
<br />damages, just compensation, restitution, judicial or equitable relief suffered, or alleged to have been
<br />suffered, by reason of the events referred to in this Section or by reason of the terms of, or effects, arising
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