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<br /> All costs for said insurance shall be considered incidental to the contract. Coverage
<br /> in the minimum amounts set forth herein shall be construed to relieve the contractor
<br /> from its obligation to indemnify the City in excess of the coverage according to the
<br /> contract.
<br /> The cancellation clause on certificates of insurance for the City shall read as follows:
<br /> "Should any of the above described policies be canceled before the expiration date
<br /> thereof, the issuing company will mai130 days written notice of cancellation to
<br /> the certificate holder named hereon."
<br /> b. The Owner agrees to maintain in force the owner's own property damage and
<br /> liability insurance on the Property, to its full insurable value, against fire,
<br /> vandalism and other perils ordinarily included in extended coverage for the
<br /> duration of the Project, and reserves the right to purchase such additional
<br /> insurance as in the Owner's opinion is necessary to protect the Owner against
<br /> claims arising out of the Contractor's operation, without diminishing the
<br /> Contractor's obligation to carry the insurance specified in this Paragraph 22.
<br /> c. The Contractor shall require its insurer(s) to waive all rights of subrogation
<br /> against the Owner, Sponsor, Project Manager, Consultant, and all other contractors and
<br /> their directors, officers and employees with respect to work or operations in
<br /> connection with this project. The Policy(ies) shall be endorsed to name the Sponsor
<br /> as additionally insured with respect to claims or injury arising from the work or
<br /> operations for this abatement project.
<br /> NOTICE: THIS CONTRACT WILL NOT BE AWARDED UNTIL THE CONTRACT
<br /> HAS PROVIDED THE CITY PROOF OF INSURANCE.
<br /> 23. Indemnification.
<br /> a. The Contractor shall indemnify the Owner, the Sponsor, and the Sponsor's
<br /> officers, agents, employees, or servants, against and hold them harmless from liabilities,
<br /> claims, damages, losses and expenses, including,but not limited to, legal defense costs,
<br /> attorneys' fees, settlements or judgments,whether by direct suit or from third parties,
<br /> arising out of any acts or omissions of the Contractor or any and all subcontractors,
<br /> material suppliers, tradesmen or mechanics, or the officers, agents, employees, or
<br /> servants of any of them, in a claim or suit brought by an person or third party against
<br /> the Owner,the Sponsor or the Sponsor's officers, agents, employees, or servants.
<br /> b. If a claim or suit is brought against the Owner in connection with the Work,
<br /> the Sponsor or the Sponsor's officers, agents, employees, or servants, for which the
<br /> Contractor is responsible pursuant to subparagraph a. of this Paragraph 23, the
<br /> Contractor shall defend, at the Contractor's cost and expense, any suit or claim and
<br /> shall pay any resulting claims,judgments, damages, losses, expenses, or settlements
<br /> Page 11 of 22
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