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commencement of the Work. Unless otherwise specified, each policy shall be written on an <br /> "occurrence" form with an admitted insurance carrier licensed to do business in the state of <br /> Oregon and shall contain an endorsement entitling City to not less than 30 days prior <br /> written notice of any material change, nonrenewal or cancellation. In the event the statutory <br /> limit of liability of a public body for claims arising out of a single accident or occurrence is <br /> increased above the combined single limit coverage requirements specified below, City <br /> shall have the right to require Contractor to increase the Contractor's coverages to the <br /> statutory limit for such claims and to increase the aggregate coverage to twice the amount <br /> of the statutory limit. The adequacy of all insurance required by these provisions shall be <br /> subject to approval by City`s Risk Manager. Failure to maintain any insurance coverage <br /> required by this contract shall be cause for immediate termination of this contract by City. <br /> 8.1 Commercial General Liability. Contractor shall maintain a broad form commercial <br /> general liability insurance policy with coverage of not less than $500,000 combined <br /> single limit per occurrence, with aggregate of $1 million, for bodily injury, personal <br /> injury or property damage. Such policy shall contain a contractual liability <br /> endorsement to cover Contractor's indemnification obligations under this contract. <br /> The policy shall also contain an endorsement naming City as an additional insured, in <br /> a form satisfactory to City, and expressly providing that the interest of City shall not <br /> be affected by Contractor's breach of policy provisions. <br /> 8.2 Workers' Compensation Insurance. If Contractor is an individual and will pertorm <br /> the Work without the help of others, Contractor shall nevertheless maintain a <br /> personal policy of Workers' Compensation coverage. If Contractor will pertorm the <br /> Work with the help of others, Contractor shall comply with the Oregon Workers' <br /> <br /> ~,r Compensation law by qualifying as acarrier-insured employer or as aself-insured <br /> employer and shall strictly comply with a(( other applicable provisions of such law. <br /> Contractor shall provide City with such further assurances as City may require from <br /> time to time that Contractor is in compliance with these Workers' Compensation <br /> coverage requirements and the Workers' Compensation law. <br /> 8.3 Professional Liability. Contractor shall maintain a professional liability insurance <br /> policy with coverage of not less than $1 million, a deductible of not more than <br /> $10,000, to protect Contractor from claims for professional acts, errors or omissions <br /> arising from the Work. This policy may be written on a "claims made" form. The <br /> policy shall contain an endorsement entitling City to not less than 60 days prior <br /> written notice of any material change, nonrenewal or cancellation of such policy. <br /> Contractor shall maintain the professional liability insurance coverage for at least one <br /> year after completion of the Work. <br /> 9. Subcontracting. Contractor shall not subcontract the Work, in whole or in part, without <br /> City's prior written approval. Contractor shall require any approved subcontractor to agree, <br /> as to the portion subcontracted, to comply with all obligations of Contractor specified in this <br /> contract. Notwithstanding City's approval of a subcontractor, Contractor shall remain <br /> obligated.for full pertormance of this contract and City shall incur no obligation to any <br /> subcontractor. Contractor shall indemnify, defend and hold City harmless from all claims of <br /> subcontractors. <br /> 10. Assignment. Contractor shall not assign this contract, in whole or in part, or any right or <br /> <br />