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(b) Public Liability and Property Damage Insurance: <br /> <br />The contractor shall furnish satisfactory proof, by certificate <br />or as may be required, that he has taken out public liability and <br />property damage insurance with an insurance company complying <br />with the requirements hereinabove set forth and satisfactory to <br />the governing body. The insurance shall protect both the <br />contractor and the public agency,~its officers, consultants, or <br />agents, against loss from liability imposed by law, for damages <br />on account of bodily injury, including death resulting therefrom <br />suffered or alleged to have been suffered by any person or <br />persons, other than employees, resulting directly or indirectly <br />from the performance or execution of this contract or any <br />subcontract thereunder, or also to protect the contractor ~nd the <br />public agency, its officers, employees, consultants, or agents, <br />against loss from liability imposed by law or damage to any <br />property, caused directly or indirectly by the performance or <br />execution of this contract or any subcontract thereunder. <br /> <br />This public liability and property damage insurance shall be <br />maintained by the contractor in full force and effect during the <br />entire period of performance under this contract in amounts not <br />less than the following: <br /> <br />(1) Limit of Liability for Personal Injury or Accidental Death <br /> shall be at least: <br /> <br />One Person ........... $ 500,000.00 <br />Aggregate Liability per Accident 1,000,000.00 <br /> <br />(2) Limit of Liability for Property <br /> Damage shall be at least: <br /> <br />One Occurrence ......... $ 50,000.00 <br />Aggregate Liability for loss <br />Per Accident .......... $ 100,000.00 <br /> <br />Any requirement for limits of insurance in excess of the <br />above amount will be set forth by the engineer in the bid <br />documents. <br /> <br />If the contractor fails to maintain this insurance, the governing <br />body may take out public liability and property damage insurance <br />to cover any damage which the public agency may be liable to pay <br />through any of the operations under this contract, and deduct and <br />retain the amount of the premiums for the insurance from any sums <br />under the contract. <br /> <br />Nothing herein shall be construed to limit the extent to which <br />the contractor may be held responsible for payment of damages to <br />persons or property resulting from his operations or the <br />operations of any subcontractor under him. <br /> <br />CDS.1.6 28 <br /> <br /> <br />