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Contract No. ML11041 <br />extensions thereof that meet or exceed the minimum requirements set forth by the South Coast AQMD <br />below. CONTRACTOR shall furnish certificate of self- insurance to: South Coast Air Quality Management <br />District, Attn: Risk Management Office. The AQMD Contract Number shall be included on the face of the <br />certificate. If CONTRACTOR fails to maintain the required insurance coverage, AQMD reserves the right to <br />terminate the Contract or purchase such additional insurance and bill CONTRACTOR or deduct the cost <br />thereof from any payments owed to CONTRACTOR. Minimum insurance coverages are as follows: <br />A. Worker's compensation insurance in accordance with either California or other state's <br />applicable statutory requirements. <br />B. General Liability insurance with a limit of at least $1,000,000 per occurrence, and <br />$2,000,000 in general aggregate. <br />C. Automobile Liability insurance with limits of at least $100,000 per person and $300,000 per <br />accident for bodily injuries and $50,000 in property damage, or $1,000,000 combined <br />single limit for bodily injury or property damage. <br />10. INDEMNIFICATION — CONTRACTOR agrees to hold harmless, defend, and indemnify, AQMD, its officers, <br />employees, agents, representatives, and successors -in- interest against any and all loss, damage, cost, or <br />expenses which AQMD, its officers, employees, agents, representatives, and successors -in- interest may <br />incur or be required to pay by reason of any injury or property damage caused or incurred by <br />CONTRACTOR, its employees, subcontractors, or agents in the performance of this Contract. <br />11, PAYMENT <br />A. AQMD shall pay CONTRACTOR a Firm Fixed Price of Two Hundred Sixty Five Thousand Dollars <br />($265,000) upon completion of the project on a reimbursement basis. Any funds not expended upon <br />early contract termination or contract completion shall revert to the AB 2766 Discretionary Fund. <br />Payment of charges shall be made by AQMD to CONTRACTOR within thirty (30) days after approval by <br />AQMD of an itemized invoice prepared and furnished by CONTRACTOR. <br />B An invoice submitted to AQMD for payment must be prepared in duplicate, on company letterhead, and <br />list AQMD'S contract number, period covered by invoice, and CONTRACTOR'S social security number <br />or Employer Identification Number and submitted to: <br />South Coast Air Quality Management District <br />21865 Copley Drive <br />Diamond Bar, CA 91765 -4178 <br />Attn: Cynthia Ravenstein, MSRC Contract Administrator <br />C. No funds shall be paid out to CONTRACTOR pursuant to this Contract, until the project described in <br />Attachments 1 and 2 is completed and proof of completion is provided to AQMD. If the project <br />described in Attachments 1 and 2 is not completed and satisfactory proof of completion is not provided <br />to AQMD, no monies shall be due and payable to CONTRACTOR. Proof of completion shall include a <br />Final Report detailing the project goals and accomplishments. <br />D. Additional AB 2766 Discretionary Match Funds will not be available to fund project cost overruns. Any <br />project cost overruns must be funded from other than AB 2766 Discretionary Funds. <br />E. The Firm Fixed Price amount of this Contract shall not exceed the total AB 2766 Funds applied to the <br />project described in Attachments 1, 2, and 3 of this Contract. <br />