Laserfiche WebLink
following policies of insurance, approved by the city <br />Administrator, showing that such insurance is in force. All <br />endorsements shall apply to both bodily injury or death and <br />property damage coverages. <br /> <br />ae <br /> <br />Comprehensive general public liability insurance <br />insuring against liability for bodily injury or death, <br />in the sum of $ for any one person and in <br />the sum of $. for two or more persons in the <br />same occurrence, and for damages to property in the sum <br />of $ <br /> <br />Workers' compensation insurance and <br />liability insurance as required by law. <br /> <br />employers' <br /> <br />Automobile liability and property damage insurance, <br />including coverage for non-owned and hired vehicles, in <br />limits as for comprehensive general public liability <br />coverage stated above. <br /> <br />The City shall be named as an additional insured on the <br />above policies for coverage needed only for work as <br />specified in this contract, which endorsement shall provide <br />that coverage may not be terminated or changed by the <br />insurer except upon 30 days' written notice to the City <br />Administrator. <br /> <br />No policy shall contain any provisions for exclusions from <br />liability other than provisions for exclusion from liability <br />forming part of the standard basic unamended and unendorsed <br />form of policy, except that no exclusion will be permitted <br />in any event if it conflicts with a coverage expressly <br />required in this contract, and in addition, no policy shall <br />contain any exclusion from bodily injury to, or sickness, <br />disease or death of any coverage under the contractual <br />liability endorsement of the liability of the Contractor <br />under this contract. Compliance by the contractor with the <br />foregoing requirements to carry insurance and furnish <br />certificates shall not relieve the Contractor from liability <br />assumed under any provisions of this contract. <br /> <br />!1. PERFORM~NCE BOND <br /> <br />This contract shall not be in effect until the Contractor <br />has executed and delivered to the City Administrator a <br />performance bond in the amount of $ and executed <br />by a corporate surety company authorized to do business in <br />the State of Minnesota and satisfactory to the City to <br />secure the faithful performance of this contract by the <br />Contractor, conditioned that the Contractor shall well and <br />truly perform and carry out the covenants, terms and <br />conditions of this contract in strict accordance with its <br /> <br />5 <br /> <br /> <br />