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<br />. <br /> <br />. <br /> <br />amounts required by law with respect to the respective party's obligations under this contract and <br />the MWD Agreement. A self-insured public or private entity shall provide evidence of self- <br />insurance and/or excess coverage or equivalent coverage, which satisfies Section 3700 of the <br />California Labor Code, or its self-insurance equivalent. <br /> <br />6.1.3. Casualty Insurance. The Operating Party shall procure, pay for <br />and keep in full force and effect at all times during the term of this Contract, property casualty <br />insurance (including coverage against damage to or loss of the Program Wells by reason of fire, <br />smoke, lightning, flooding, vandalism, malicious mischief and explosion) in an amount equal to <br />the total cost of the construction of the Program Wells, which policy shall provide that all <br />proceeds thereunder shall be payable to the Program Agency. A self-insurance public entity may <br />so self insure to provide coverage or equivalent as broad as mentioned above. <br /> <br />6.1.4. Automobile Liabilitv Insurance. Automobile Liability Insurance <br />with limits of liability of at least One Million Dollars ($1,000,000) per accident, and each <br />insurance policy shall name the other parties to this Contract as additional insureds, and shall <br />otherwise comply with all insurance requirement set forth in the MWD Agreement. A self- <br />insurance public entity may provide evidence that automobile liability coverage or equivalent is <br />effective as part ofthe General Liability coverage or as a separate policy. <br /> <br />6.2. Endorsements. Prior to performing any work under this Contract, each <br />party, including any contractor, subcontractor, consultant, or other party hired by it in connection <br />with the Contract, shall provide the others with (1) certificates of insurance evidencing <br />compliance with the requirements of this Section 6 regarding Insurance, and (2) endorsements <br />confirming that the Operating Party, Member Agency, Program Agency and MWD are, as <br />applicable, additional insureds on the insurance policies discussed in Paragraph 6.1.1 to 6.1.4. <br />The certificates provided by each party shall name the other parties as "Certificate Holder" and <br />shall provide that the insurer will give all Parties notice of any cancellation, reduction, non- <br />renewal or other material modification in the policy at least thirty (30) days prior to such <br />cancellation, reduction, non-renewal or other material modification. Upon any party's request, <br />the recipient party shall provide the requesting party with a complete copy of each insurance <br />policy required by this Section 6 (including an explanation of any limitations or exclusions <br />applicable to the requesting party as an additional insured). A self-insured public entity may <br />provide evidence of such coverages or equivalents via a self-insuring document, signed by a <br />person authorized by the agency to bind such agency to contractual agreements <br /> <br />6.3. Specific Policy Requirements. Each policy of insurance required to be <br />carried out pursuant to this Contract as described above shall be in form and substance as <br />provided by Section XII. of the MWD Agreement or its equivalent for self-insured public <br />entities. <br /> <br />604. Deductibles and Self-Insurance. The insurance required by this Contract <br />may contain deductibles or self-insured retentions, or a party may be fully or partially self- <br />insured to the extent authorized by the California Government Code. Each party to this Contract, <br />and/or any contractor, subcontractor, consultant, or other party hired by a party pursuant to this <br />Contract, shall be solely responsible for any such deductibles and/or self insured retentions <br />which may be applicable to insurance coverage maintained by it. The MWD Agreement requires <br />MWD approval for any self insurance programs or deductibles of more than $25,000. <br />