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5.2 The City shall promptly review any application for payment and notify CAI whether the <br />Application is approved or disapproved, in whole or in part. City shall promptly pay CAI for all approved <br />services and expenses. For purposes of Texas Government Code § 2251.02 1 (a)(2), the date performance <br />of services is completed is the date when the City's representative approves the Application for Payment. <br />5.3 The City shall have the right to withhold from payments due CAI such sums as are <br />necessary to protect City against any loss or damage which may result from negligence by CAI or failure <br />of CAI to perform its obligations under this Agreement. CAI shall submit payroll information, receipts, <br />invoices and any other evidence which City or its designated representatives shall deem necessary to <br />support the amount requested. <br />ARTICLE 6 <br />CAI'S RECORDS <br />Records of CAI activities, costs and reimbursable expenses pertaining to CAI's Services shall be <br />available to the City or its authorized representative during business hours and shall be retained for three <br />years after final payment under this Agreement, unless the City otherwise instructs CAI in writing. CAI's <br />records shall be kept on the basis of generally accepted accounting principles. <br />ARTICLE 7 <br />INSURANCE <br />7.1 For provision of CAI's Services, CAI shall furnish to the City Certificates of Insurance as <br />set forth below prior to the commencement of any work hereunder and shall maintain such coverage during <br />the full term of this Agreement. <br />Worker's Compensation <br />Employer's Liability <br />Comprehensive General Liability <br />Comprehensive Auto Liability <br />Bodily Injury <br />Property Damage <br />Statutory Limits <br />$1,000,000 each occurrence <br />$1,000,000 aggregate <br />$1,000,000 each occurrence <br />$1,000,000 aggregate <br />$1,000,000 each person <br />$1,000,000 each occurrence <br />$1,000,000 each occurrence <br />7.2 CAI shall include the City, Texas State University, Hays County and San Marcos <br />Consolidated Independent School District as additional insureds on the General Liability policy, and the <br />Worker's Compensation policy shall include a waiver of subrogation in favor of such entities. <br />7.3 Required insurance shall not be cancelable without thirty (30) days' prior written notice to <br />City. <br />7.4 Upon request CAI shall furnish complete sets of its insurance policies to the City for review. <br />If additional insurance or changes to this article are required, they shall be explicitly laid out in an Exhibit <br />4 and appended hereto. <br />0 <br />