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, � <br /> cost of said contract. The cost incurred by the City in such System removal shall be promptly <br /> paid by the Grantee within twenty-one (21) days after a bill for costs is deposited in the mail or <br /> presented to Grantee, or the City may proceed against the surety bond of the Grantee or pursue <br /> any other remedies provided by law. <br /> Section 8. Insurance. The Grantee shall, at its own expense, provide the Finance <br /> Department with a certificate evidencing a valid contract of insurance between the licensee and a <br /> company authorized to do business in this State and approved by the Risk Manager, with the City <br /> as an additional named insured, providing comprehensive general liability coverage including <br /> premises and operations, contractor's protective liability, completed operations and product <br /> liabiliiy with limits not less than $1,000,000 per occurrence, and $2,000,000 aggregate, for <br /> bodily injury and property damage combined, which certificate shall provide for not less than <br /> thirly (30) days notice to the City before cancellation or modification of coverage can become <br /> effective as to it. <br /> Section 9. Permit Insurance. The permission and authority herein granted shall not be <br /> exercised and no work to the System shall be done until a permit authorizing such work shall <br /> have been issued by the Director of Public Works. Such permit shall be subject to revocation for <br /> violation of any part of this Agreement or violation of any of the ordinances or regulations of the <br /> City. Grantee shall not be required to pay the City any fee for such permit; provided, however, if <br /> the Grantee performs work upon the System without first obtaining a permit, the Grantee shall <br /> pay double the existing permit fee for excavators. <br /> Section 10. Indemnification. The Grantee shall hold and save the City, its officers, ' <br /> agents and employees, (collectively referred to within this Section as "City"), harmless from any <br /> and all liability and expense, including but not limited to judgments, costs and damages, and <br />