New Search
percent of the contract amount, Contractor shall also reimburse City its reasonable costs <br /> incurred in performing the audit. <br /> 7. Indemnification. Contractor shall indemnify and hold City, and its officers, agents and <br /> employees, harmless from and against all claims, actions, liabilities, costs, including <br /> attorney fees and other costs of defense, arising out of or in any way related to the Work, <br /> Contractor's failure to strictly comply with any provision of this contract or any other actions <br /> or failure to act by Contractor and Contractor's employees, agents, officers and contractors. <br /> In the event any such action or claim is brought against City, Contractor shall, if City so <br /> elects and upon tender by City, defend the same at Contractor's sole cost and expense, <br /> promptly satisfy any judgment adverse to City or to City and Contractor, jointly, and <br /> reimburse City for any loss, cost, damage or expense, including attorney fees, suffered or <br /> incurred by City. <br /> 8. Insurance. Contractor shall maintain in force for the duration of this contract the insurance <br /> coverages specified below. Each policy required by these provisions shall be written as a <br /> primary policy, not contributing with or in excess of any coverage which City may carry. A <br /> copy of each policy or a certificate satisfactory to City shall be delivered to City prior to <br /> commencement of the Work. Unless otherwise specified, each policy shall be written on <br /> an "occurrence" form with an admitted insurance carrier licensed to do business in the <br /> state of Oregon and shall contain an endorsement entitling City to not less than 30 days <br /> prior written notice of any material change, nonrenewal or cancellation. 1n the event the <br /> statutory limit of liability of a public body for claims arising out of a single accident or <br /> occurrence is increased above the combined single limit coverage requirements specified <br /> below, City shall have the right to require Contractor to increase the Contractor's coverages <br /> to the statutory limit for such claims and to increase the aggregate coverage to twice the <br /> amount of the statutory limit. The adequacy of all insurance required by these provisions <br /> shall be subject to approval by City's Risk Manager. Failure to maintain any insurance <br /> coverage required by this contract shall be cause for immediate termination of this contract <br /> 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, <br /> in a form satisfactory to City, and expressly providing that the interest of City shall <br /> not be affected by Contractor's breach of policy provisions. <br /> 8.2 Workers' Compensation Insurance. If Contractor is an individual and will perform <br /> the Work without the help of others, Contractor shall nevertheless maintain a <br /> personal policy of Workers' Compensation coverage. If Contractor will perform the <br /> Work with the help of others, Contractor shall comply with the Oregon Workers' <br /> Compensation law by qualifying as acarrier-insured employer or as aself-insured <br /> employer and shall strictly comply with all other applicable provisions of such law. <br /> <br /> Personal Services Contract POS 1 % for Art Management--Page 3 <br /> <br />