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7.1.2 General Liability insurance with minimum combined single limits of ONE
<br />MILLION DOLLARS ($1,000,000) each occurrence and TWO MILLION
<br />DOLLARS ($2,000,000) aggregate. The policy shall include the City of Louisville
<br />as additional insured with primary coverage as respects the City of Louisville and
<br />shall contain a severability of interests provision.
<br />7.2 The Contractor's general liability insurance shall be endorsed to include the City as
<br />additional insured, unless the City in its sole discretion waives such requirement. Each
<br />policy required above shall be primary insurance, and any insurance carried by the City,
<br />its officers, or its employees, shall be excess and not contributory insurance to that
<br />provided by the Contractor. Such policies shall contain a severability of interests
<br />provision. The Contractor shall be solely responsible for any deductible losses under
<br />each of the policies required above. The Contractor agrees that the respective insurance
<br />policies required above shall each contain a waiver of subrogation waiving rights of
<br />subrogation against the City and MCC.
<br />7.3 Certificates of insurance shall be provided by the Contractor as evidence that policies
<br />providing the required coverages, conditions, and minimum limits are in full force and
<br />effect, and shall be subject to review and approval by the City. No required coverage
<br />shall be cancelled, terminated or materially changed until at least 30 days prior written
<br />notice has been given to the City. The City reserves the right to request and receive a
<br />certified copy of any policy and any endorsement thereto.
<br />7.4 Failure on the part of the Contractor to procure or maintain policies providing the
<br />required coverages, conditions, and minimum limits shall constitute a material breach of
<br />contract upon which the City may immediately terminate this Agreement, or at its
<br />discretion may procure or renew any such policy or any extended reporting period thereto
<br />and may pay any and all premiums in connection therewith, and all monies so paid by the
<br />City shall be repaid by Contractor to the City upon demand, or the City may offset the
<br />cost of the premiums against any monies due to Contractor from the City.
<br />7.5 The parties understand and agree that the City is relying on, and does not waive or intend
<br />to waive by any provision of this contract, the monetary limitations (presently $350,000
<br />per person and $990,000 per occurrence) or any other rights, immunities, and protections
<br />provided by the Colorado Governmental Immunity Act, § 24 -10 -101 et seq., 10 C.R.S.,
<br />as from time to time amended, or otherwise available to the City, its officers, or its
<br />employees.
<br />8.0 INDEMNIFICATION
<br />To the fullest extent permitted by law, the Contractor agrees to indemnify and hold harmless the
<br />City, and its elected and appointed officers and its employees, from and against all liability,
<br />claims, and demands, on account of any injury, loss, or damage, which arise out of or are
<br />connected with the Services hereunder, if such injury, loss, or damage is caused by the negligent
<br />act, omission, or other fault of the Contractor or any subcontractor of the Contractor, or any
<br />officer, employee, or agent of the Contractor or any subcontractor, or any other person for whom
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