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<br />3. The insurance and liability conditions sel forth in this Agreement shall survive the termination of this <br />Agreement. <br /> <br />D. Records <br /> <br />I. Fiscal records of AET pertinent to AETs compensation and payments under this Agreement will be kept <br />in accordance with generally accepted accounting practices. <br /> <br />2. AET shall maintain all original records (fiscal and other) and design calculations on file in legible form <br />for a period f not less than two (2) years. <br /> <br />3. AET's records and design calculations will be available at AET's office at reasonable business hours upon <br />reasonable notification for examination and audit if required. <br /> <br />E. Insurance <br /> <br />AET shall secure the insurance specified below. All insurance secured by AET under the provisions of this <br />Article shall be issued by insurance companies in good standing and authorized to do business in the State of <br />Minnesota. The insurance specified in this Article may be in a policy or policies of insurance primary or <br />excess. <br /> <br />Upon request, AET agrees to provide the CITY certificates evidencing that it has the insurance specified <br />below in effect, and stating that such insurance cannot be canceled until thirty (30) days after the CITY has <br />received written notice of the insurer's intention to cancel the insurance. <br /> <br />1. Workers Comoensation Insurance <br /> <br />Having statutory limits of the Workers Compensation Law of the State of Minnesota Employers Liability <br />Insurance. <br /> <br />2. Commercial General Liabilitv Insurance <br /> <br />Providing coverage of not less than that of the standard Commercial General Liability insurance policies <br />(Occurrence Form) for operations of AET or its subconsultants. This coverage shall be maintained for two <br />years after final completion and acceptance of the project. The policy shall include contractual, products <br />and completed operations, personal injury, bodily injury, and property damage liability coverage with total <br />available limits, including umbrella coverage, not less than $5 million general aggregate and $5 million <br />aggregate products and completed operations. <br /> <br />3. Automobile Liability Insurance <br /> <br />Covering all owned, non-owned, and hired automobiles, trucks, and trailers. Such insurance shall provide <br />coverage of $ I million Combined Single Limit. <br /> <br />4. Professional Liability Insurance <br /> <br />Providing protection for the claims that would arise form the negligent acts, errors, or omissions of AET, <br />Or the negligent rendering of professional services by AET in the amount of $2 million for each <br />occurrence, and $4 million aggregate. <br /> <br />F. Mediation <br /> <br />1. The CITY and AET agree that any claim, dispute or other matter in question arising out of or related to <br /> <br />ACS4! ](09/02) ver2 - Page 4 of 6 <br /> <br />46 <br />