CCP 01062025 - Laserfiche WebLink

Home

withthe Actasif it were a governmententity. Contractor will immediatelyreportto the City any requests from third parties for information relating to this Agreement. 15. Audit Disclosure. Under Minnesota Statutes, Section 16C.05, subd. 5, Contractor’s books, records, documents, and accounting procedures and practices relevant to this Agreement,including booksand recordsofany approved subcontractors, are subject to examination by the City and/or the State Auditor orLegislative Auditor, asappropriate, for a minimum of six (6) years after the termination ofthisAgreement. 16. Indemnification. Each Party agrees to defend, indemnify and hold the other Party, and its officers, agents, employees, and representatives harmless from and against all liability, claims, damages, costs, judgments, losses and expenses, including but not limited to reasonable attorneys’ fees, arising out of or resulting from any third party claimbased on the negligent orwrongful act or omissionof the other Party, its officers, agents, employees, contractors and/or subcontractors, pertaining to the Work. Nothing herein shall be construed as a limitation on or waiver of any immunities or limitations on liability available to the City under Minnesota Statutes, Chapter 466, or other law. 17. Insurance. Prior to starting theWork and during thefulltermofthisAgreement, the Contractor shall procure and maintain, atContractor’s expense, as follows: a. Workers Compensation insuranceforall employees performing Work under this Agreement in accordance with Minnesota law.The Contractor shall also provide Employer’s Liability Insurance with minimum limits as follows: i.$500,000 – BodilyInjury by Disease per employee ii. $500,000 – BodilyInjury by Disease aggregate iii. $500,000 – BodilyInjury by Accident If Minnesota Statutes,Section176.041exempts theContractor from Workers’ Compensation insurance, the Contractor must provide a written statement, signed by an authorized representative, indicating the qualifying exemption that excludes the Contractor from the Minnesota Workers’ Compensation requirements. b. Professional/Technical (Errors and Omissions) Liability Insurance Contractor is required to maintain Professional Liability (Errors and Omissions) Insurance that provides coverage for all claims the Contractor may become legally obligated to pay resulting from any actual or alleged negligent act, error, or omission related to the Contractor’s Work requiredunder the contract. The Contractor is required to carry the following minimum limits: • $1,500,000 – per occurrence • $2,000,000 – annual aggregate 4 RS160\\9\\994102.v3 Qbhf!316!pg!33: