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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 <br /> thereto and may pay any and all premiums in connection therewith, and all monies so <br /> paid by the City shall be repaid by Contractor to the City upon demand, or the City may <br /> offset the 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 $150,000 <br /> per person and $600,000 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., as <br /> 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 the Services <br /> hereunder, if such injury, loss, or damage is caused by the negligent act, omission, or other fault <br /> of the Contractor or any subcontractor of the Contractor, or any officer, employee, or agent of <br /> the Contractor or any subcontractor, or any other person for whom Contractor is responsible. <br /> The Contractor shall investigate, handle, and respond to, any such liability, claims, and demands <br /> to the extent they are directly caused by the Contractor's negligent acts, errors, or omissions. <br /> The Contractor shall further bear all other costs and expenses incurred by the City or Contractor <br /> and related to any such liability, claims and demands, including but not limited to court costs, <br /> expert witness fees and attorneys' fees if the court determines that these incurred costs and <br /> expenses are directly due to such negligent acts, errors, and omissions or other fault of the <br /> Contractor. The City shall be entitled to its costs and attorneys' fees incurred in any action to <br /> enforce the provisions of this Section 8.0 to the extent of the Contractor's role and responsibility <br /> on this project and only if found liable by the courts The Contractor's indemnification obligation <br /> shall not be construed to extend to any injury, loss, or damage which is caused by the act, <br /> omission, or other fault of the City. <br /> 9.0 QUALITY OF WORK <br /> Contractor's Services shall be performed in accordance with the highest professional <br /> workmanship and service standards in the field to the satisfaction of the City. <br /> 10.0 INDEPENDENT CONTRACTOR <br /> 4 <br />