5 - REQUEST FOR PROPOSALS - Laserfiche WebLink

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2. Bond Counsel is required - insurance. Prior to commencing the performance of the work under this Agreement, Bond Counsel agrees ess than $1,000,000 per accident. The following requirements apply to the insurance to be provided by Bond Counsel pursuant to this section: a.Bond Counsel shall maintain all insurance required above in full force and effect for the entire period covered by the Agreement. b.Certificates of insurance shall be furnished to the Housing Authority upon execution of the Contract and shall be approved in form by the Housing Authority General Counsel. c.Certificates and policies shall state that the policies shall not be canceled or reduced in coverage or changed in any other material aspect without thirty (30) days prior written notice to SAHA. 3.If Bond Counsel fails or refuses to produce or maintain the insurance required by this section or fails or refuses to furnish the Housing Authority with required proof that insurance has been procured and is in force and paid for, the Housing Authority shall have the right, at the election, to forthwith terminate this Contract. Such termination shall not affect Bond Counsel time and materials expended prior to notification of termination. Bond Counsel waives the right to receive compensation and agrees to indemnify the Housing Authority for any work performed prior to approval of insurance by the Housing Authority. ii.HOLD HARMLESS/ INDEMNIFICATION To the fullest extent permitted by law, the Bond Counsel shall indemnify, defend and hold harmless the SAHA, and against any and all claims, demands, obligations, damages, actions, causes of action, suits, losses, judgments, fines, penalties, liabilities, costs and expenses (in and nature whatsoever (individually, a Claim relate (directly or indirectly) to any work performed or services provided under this Contract (including, without limitation, defects in workmanship and/or materials), or Bond Counsel performing the work (including the negligent and/or willful acts, errors and/or omissions of Bond Counsel, its principals, officers, agents, employees, vendors, suppliers, contractors, subcontractors, anyone employed directly or indirectly by any of them or for whose acts they may be liable for any or all of them). Notwithstanding the foregoing, nothing herein shall be construed to require Bond Counsel to indemnify the Indemnified Parties from any Claim arising from the sole negligence or willful misconduct of the Indemnified Parties. Nothing in this indemnity shall be construed as authorizing a or to enforce the terms of the Agreement. This indemnity shall apply to all claims and liability regardless of whether any insurance policies are applicable. The policy limits do not act as a limitation upon the amount of indemnification to be provided by the Bond Counsel. Santa Ana Housing Authority Request for Proposals for Bond Counsel Services for Affordable Housing Page 9 5-12