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a e ith a 3U day 1 The Cite the right to t c lendar wriuc;n nc>ucc unless - :,�cd 1n the contract. i i l crtninatiun a>>d C:ITICellauon not relieve the bidden l ()t work rust tha; wa_s to be complcled 1 no! to the i cCllatioP of the :iL?rccrncri 1 li the agi- ccr1w,11 is terminated _ :�. ,- .:;1:= be rcmov,-d from the Cir.'s vendor list. l The Cite Comnli sion tihall ha,, c t :er :ninatc the agrrCmeia in the ct cm the bidder files any petition or proccedini? relief or adjudicated to b;: bankrupt or ia�ol,cnt or falls to pay just dcbt- _. _ li't. become due. l The bidder may not terminate thi -- U. Icss otherwise provided in the contract. i Insurance Requirements. 12.1 (general. The bidder, including sere ice r`':ated bidders, shall purchase and maintain for the entire life of the Project, includir12 any and all approved time extensions. until its final acceptance by the City, such in_asance as will protect the bidder from claims under Workers' Compensation, disabili:- berefa laws or other similar employee benefit laws; from claims for damages because of 1.odily injury, occupational sickness or disease, or death of bidder employees; from claims insured by usual or unusual injury liability coverage; from claims or injury to or destruction of tangible property and from claims insured by usual Commercial General Lability coverage. This includes loss of use resulting Therefrom, any or all of which may arise out of the bidder's operations under the Contract Documents, whether such operations bt by the bidder, or any sub contractor, or by anyone directly or indirectly employed b, am of them or for whose acts any of them may be legally liable. The bidder's deduct' bies ' kif- insured retentions shall be disclosed to the City and may be disapproved by the C_.` and may be reduced or eliminated at the sole discretion of the City. The bidder is respDnSible for the amount of any deductible or self - insured retention. 12.2 Requirements for Certificates of Insurar_ce. Bidder shall provide the City with all required Certificates of Insurance, which Certificates must be acceptable to the City. Each Certificate of Insurance shall be provided to the City at least 15 days prior to coverage renewals requested by the City. The bidder shall furnish complete copies of bidder's insurance policies, forms and endorsements. If the bidder fails to obtain and maintain for the life of the contract insurance required herby or to replace any such expired or cancelled policies, the City may obtain and maintain such insurance with such company as it deems satisfactory with those amounts expended by the City in payment of premiums to be deducted by the City from the amounts due the bidder for work covered by the contract. 13. Hold Harmless. 13.1 The City, its agents, employees and officials, both elected and appointed shall be held harmless against all claims for bodily injury, sickness, disease, death or personal injury or damage to property or loss of use resulting therefrom arising out of performance of the agreement or contract, unless such claims are a result of the City's sole negligence, as determined by the final arbiter of such claim. -Municipal Contrort Services Rjq Page 7 of 10