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<br />wind, hail, and vandalism in an amount equal to the completed value of the <br />PROJECT. <br /> <br />b. Workers compensation and employers liability insurance in the required statutory <br />amounts. <br /> <br />c. Automobile liability insurance that includes coverage for all owned, non.owned and <br />hired vehicles with minimum limrts of 51,000,000 combined single limit for bodiiy <br />injury and property damage. <br /> <br />d. Commercial generalliabilily insurance with minimum limits of 51,000,000 combined <br />single limit for each occurrence and 52,000,000 general aggregate. This insurance <br />coverage shall include products/completed operations and bodily injury/property <br />damage. <br />C. GENERAL PROVISIONS <br /> <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 records, <br />maintenance records, and financial records. These inspections are solely for the <br />purpose of verifying compliance with the terms and conditions of this contract and shall <br />not be construed nor interpreted as an approval of the actual design. construction or <br />operation of any eiement of the PROJECT facilities. <br /> <br />2. Applicable Laws. The BORROWER shall strictiy 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 /> <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 /> <br />4. Assignment. The BORROWER may not assign this contract except with the prior written <br />approval of the CWCs. <br /> <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.employee. <br />No agent. employee, or servant of the BORROWER shall be, or shall be deemed to be. <br />an employee. agent, or servant of the CWCB. The BORROWER shall be solely and <br />entirely responsible for its acts and the acts of its agents. employees, servants. <br />engineering firms, construction firms, and subcontractors during the term of this <br />contract. <br /> <br />6. Integration of Terms. This contract is intended as the complete integration of all <br />understandings betvveen the parties. No prior or contemporaneous addition, deletion, <br />or other amendment hereto shall have any force or effect whatsoever unless embodied <br />herein in writing. No subsequent novation, renewal, addition, deletion, or other <br />amendment hereto shall have any force or effect unless embodied in a written contract <br />executed and approved pursuant to STATE fiscal rules, unless expressly provided for <br />herein. <br /> <br />7. Controlling Terms. In the event of conflicts or inconsistencies between the terms of <br />this contract and conditions as set forth in any of the appendices. such conflicts or <br />inconsistencies shall be resolved by reference to the documents in the following order <br /> <br />Page 6 of 9 <br />