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CONTRACTOR in accordance with this Agreement. Said insurance shall be in the amount of the full <br />replacement value thereof, providing protection against the classification of fire, extended coverage, <br />vandalism, malicious mischief, theft, and special extended perils. Governmental entities may <br />substitute a certificate of self - insurance. <br />5. Proof of Insurance. Certificates and endorsements must be submitted and approved by <br />CITY prior to any work under this Agreement. CONTRACTOR understands that CITY will make no <br />payments under this Agreement until the required certificates and endorsements have been approved by <br />CITY. <br />IX. <br />CORPORATESTATUS <br />All corporate CONTRACTORS shall be in good standing, without suspension by the <br />California Secretary of State, Franchise Tax Board and Internal Revenue Service. Any change in <br />corporate status or suspension shall be reported immediately to CITY. <br />X. <br />ASSIGNABILITY <br />None of the duties of, or work to be performed by, CONTRACTOR under this Agreement <br />shall be subcontracted or assigned to any agency, consultant, or person without the prior written <br />consent of CITY. CONTRACTOR must submit all subcontracts and other agreements that relate to <br />this Agreement to CITY. No subcontract or assignment shall terminate or alter the legal obligations of <br />CONTRACTOR pursuant to this Agreement. <br />XI. <br />LAWS GOVERNING THIS AGREEMENT <br />In its performance under this Agreement, CONTRACTOR shall fully comply with the <br />requirements of the following, whether or not otherwise referred to in this Agreement: <br />1. The Act and all applicable federal statutes, regulations, policies, procedures and directives, <br />including but not limited to, 20 C.F.R. Parts 652 and 660 through 671. <br />2. All applicable State statutes, regulations, policies, procedures and directives; <br />All applicable CITY policies, procedures and directives; <br />4. All applicable local ordinances and requirements, including use permits and licensing; <br />5. Court orders applicable to its operation; and, <br />6. The terms and conditions of this Agreement. <br />If any of the foregoing is enacted, amended, or revised, CONTRACTOR will comply with <br />such or will notify CITY after enactment or modification that it cannot so comply. CITY may <br />thereupon terminate this Agreement, if necessary. <br />SAC -15 -014 Page 11 of 15 <br />