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full force and effect. Failure to meet the stated insurance requirements and provide the <br /> required certificate(s) and any necessary endorsements within five business days may cause the <br /> contract to be terminated. The City reserves the right to obtain complete, certified copies of all <br /> required insurance policies at any time. The stated limits of insurance required by this Paragraph <br /> are minimum only--they do not limit the Engineer's indemnity obligation, and it will be the <br /> Engineer's responsibility to determine what limits are adequate. These limits may be met by basic <br /> policy limits or any combination of basic limits and umbrella limits. The City's acceptance of <br /> certificates of insurance that do not comply with these requirements in any respect does not release <br /> the Engineer from compliance with these requirements. The kinds and amounts of insurance <br /> required are as follows: <br /> 1) Workers' Compensation Insurance and/or Employer's Liability Insurance: In <br /> accordance with the provisions of the Workers' Compensation Act of the State of <br /> Texas and/or$500,000.00/$500,000.00 for Employer's Liability. <br /> 2) Commercial General Liability Liability Insurance: (1) Commercial general <br /> liability insurance with a combined single limit of$1,000,000 for each occurrence <br /> and $1,000,000 in the aggregate, Engineer agrees to maintain a standard ISO <br /> version Commercial General Liability occurrence form, or its equivalent providing <br /> coverage for, but not limited to, Bodily Injury and Property Damage, <br /> Premises/Operations, Products/Completed Operations, Independent Engineers. <br /> 3) Business Automobile Liability Insurance. — Limits of liability not less than <br /> $1,000,000.00 per occurrence. The Engineer agrees to maintain a standard ISO <br /> version Business Automobile Liability,or its equivalent,providing coverage for all <br /> owned, non-owned and hired automobiles. Should the Engineer not own any <br /> automobiles, the business auto liability requirement will be amended to allow the <br /> Engineer to agree to maintain only Hired and Non-Owned Auto Liability. This <br /> amended coverage requirement may be satisfied by way of endorsement to the <br /> Commercial General Liability, or separate Business Auto policy. <br /> 4) Professional Liability Insurance.—Limit of liability not less than$1,000,000 per <br /> occurrence Engineer agrees to maintain Professional (Errors & Omissions) <br /> Liability to pay on behalf of the insured all sums which the insured will become <br /> legally obligated to pay as damages by reason of any act, malpractice, error or <br /> omission of the Engineer or any person employed or acting on the Engineer's behalf <br /> (including but not limited to sub-contractors). For policies written on a "claims- <br /> made" basis, Engineer agrees to maintain a retroactive date prior to or equal to the <br /> effective date of this contract and that continuous coverage will be maintained or a <br /> supplemental extended reporting period will be purchased with a minimum <br /> reporting period not less than two years after the completion of this Agreement. <br /> The Engineer is solely responsible for any additional premium for the supplemental <br /> extended reporting period. <br /> 6 <br />