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contracts and until the PROJECT is complete. CWCB may request proof of construction <br /> contractor's and subcontractor's insurance during the term of the PROJECT. <br /> a. Commercial general liability insurance with minimum limits of $1,000,000 <br /> combined single limit for each occurrence and $2,000,000 general aggregate. <br /> This insurance coverage shall include products/completed operations and bodily <br /> injury/property damage. <br /> b. Worker's compensation and employer's liability insurance in the required statutory <br /> amounts. <br /> c. Automobile liability insurance that includes coverage for all owned, non-owned and <br /> hired vehicles with minimum limits of $1,000,000 combined single limit for bodily <br /> injury and property damage. <br /> C. GENERAL PROVISIONS <br /> 1. Periodic Inspections. Throughout the term of this CONTRACT, the BORROWER shall <br /> permit a designated representative of the CWCB to make periodic inspections of the <br /> PROJECT. Such inspections shall cover the condition of the PROJECT, operating <br /> records, maintenance records, and financial records. These inspections are solely for <br /> the purpose of verifying compliance with the terms and conditions of this CONTRACT <br /> and shall not be construed or interpreted as an approval of the actual design, <br /> construction or operation of any element of the PROJECT facilities. <br /> 2. Applicable Laws. The BORROWER shall strictly adhere to all applicable federal, state, <br /> and local laws and regulations that are in effect or may hereafter be established <br /> throughout the term of this CONTRACT. <br /> 3. Designated Agent Of The CWCB. The CWCB's employees are designated as the <br /> agents of the CWCB for the purpose of this CONTRACT. <br /> 4. Assignment. BORROWER'S rights and obligations, under this contract, are personal <br /> and may not be transferred, assigned without the prior, written consent of the State. <br /> Any attempt at assignment without such consent shall be void. All assignments <br /> approved by BORROWER or the State are subject to all of the provisions hereof. <br /> 5. Contract Relationship. The parties to this CONTRACT intend that the relationship <br /> between them under this CONTRACT is that of lender-borrower, not employer- <br /> employee. No agent, employee, or servant of the BORROWER shall be, or shall be <br /> deemed to be, an employee, agent, or servant of the CWCB. The BORROWER shall be <br /> solely and entirely responsible for its acts and the acts of its agents, employees, <br /> servants, engineering firms, construction firms, and subcontractors during the term of <br /> this CONTRACT. <br /> 6. Integration of Terms. This CONTRACT is intended as the complete integration of all <br /> understandings between the parties. No prior or contemporaneous addition, deletion, <br /> or other amendment hereto shall have any force or affect whatsoever unless <br /> embodied herein in writing. No subsequent renewal, addition, deletion, or other <br /> Page 7 of 12 <br />