Laserfiche WebLink
B. Automobile Liability Coverage. CONTRACTOR shall also obtain and <br />maintain, during the effective period of this Agreement, broad form <br />automobile liability coverage with a $1,000,000 limit unless reduced by <br />CITY, which applies to both owned/leased and non-owned automobiles <br />used by CONTRACTOR employees or participants in performance of this <br />Agreement, or, in the event that CITY will not utilize such owned/leased <br />automobiles but intends to require employees, participants or other agents <br />to utilize their own automobiles in the performance of this Agreement, <br />CONTRACTOR shall secure and maintain on file from all such employees, <br />participants, or agents as self-certification of automobile insurance <br />coverage. Governmental entities may substitute a certificate of self- <br />insurance. <br />C. Workers' Compensation. If CONTRACTOR is an "employer", as set forth <br />in California Labor Code Section 3300 et seq., or utilizes participants as <br />"employees," as set forth in California Labor Code Section 3350 et seq., <br />CONTRACTOR shall obtain and keep in force during the term of this <br />Agreement full Workers' Compensation insurance coverage for injuries <br />suffered by participants. Said insurance policy shall guarantee CITY at <br />least thirty (30) days written notice of cancellation or modification. <br />CONTRACTOR shall carry medical and accident insurance for those <br />participants not qualifying as "employees" for Worker's Compensation <br />Coverage, pursuant to California Labor Code Section 3350, et seq. <br />D. Equipment Coverage. CONTRACTOR shall purchase a policy or policies <br />of insurance covering loss or damage to any and all Equipment provided <br />to or purchased by CONTRACTOR in accordance with this Agreement. <br />Said insurance shall be in the amount of the full replacement value <br />thereof, providing protection against the classification of fire, extended <br />coverage, vandalism, malicious mischief, theft, and special extended <br />perils. Governmental entities may substitute a certificate of self-insurance. <br />E. Proof of Insurance. Certificates and endorsements (Exhibit H) must be <br />submitted and approved by CITY prior to any work under this Agreement. <br />CONTRACTOR understands that CITY will make no payments under this <br />Agreement until the required certificates and endorsements have been <br />approved by CITY. <br />XI. REVERSION OF ASSETS <br />A. Upon the expiration of this Agreement, CONTRACTOR shall transfer <br />to CITY any FEZ funds on hand at the time of the expiration of this <br />Agreement as well as any accounts receivable attributable to the use of FEZ <br />funds. <br />Page 10 of 14 <br />25H-16 <br />