Laserfiche WebLink
D. Nothing in this Agreement is intended to create in the public or in any member of it rights <br />as a third party beneficiary under this Agreement. <br />X1. LOSS INSURANCE <br />The provision of this section with a check mark, "x" or equivalent mark opposite it will apply at <br />the commencement of the Agreement. <br />❑ Throughout the term of this Agreement, the Grantee shall provide and maintain insurance <br />against fire, vandalism and other loss, damage, or destruction of the facilities or structures <br />constructed pursuant to this Agreement. This insurance shall be issued by a company or <br />companies admitted to transact business in the State. The insurance policy shall contain an <br />endorsement specifying that the policy will not be cancelled or reduced in coverage without <br />thirty (30) days' prior written notice to ABAG. <br />❑ If at the commencement of this Agreement, the Grantee self -insures against fire, <br />vandalism and other loss, damage, or destruction of the facilities or structures constructed <br />pursuant to this Agreement, the Grantee shall submit written evidence of such self- <br />insurance for approval by ABAG, at its sole discretion. If at any time during the term of <br />the Agreement, the Grantee ceases to be self-insured, the Grantee shall comply with <br />insurance requirements set forth in the preceding section. <br />ABAG is not responsible for premiums and assessments on any insurance policy. <br />X11. AUDITS/ACCOUNTING/RECORDS <br />The Grantee shall maintain standard financial accounts, documents, and records relating to the <br />construction of the Project. The Grantee shall retain these documents for three (3) years <br />following the date of final disbursement by ABAG under this Agreement, regardless of the <br />termination date. The documents shall be subject to examination and audit by ABAG and the <br />Bureau of State Audits during this period. The Grantee may use any accounting system which <br />follows the guidelines of "Generally Accepted Accounting Practices" published by the American <br />Institute of Certified Public Accountants. <br />XIII. NONDISCRIMINATION <br />During the performance of this Agreement, the Grantee and its contractors shall not unlawfully <br />discriminate against, harass, or allow harassment against any employee or applicant for <br />employment because of sex, race, religion, color, national origin, ancestry, disability, medical <br />condition, marital status, age (over 40) or denial of family -care leave, medical -care leave, or <br />pregnancy disability leave. The Grantee and its contractor(s) shall ensure that the evaluation and <br />treatment of their employees and applicants for employment are free of such discrimination and <br />harassment. The Grantee and its contractor(s) shall comply with the provisions of the Fair <br />Employment and Housing Act (Gov. Code Section 12900 et seq.) and the applicable regulations <br />(California Code of Regulations Title 2, Section 7285.0 et seq.). The regulations of the Fair <br />Employment and Housing Commission regarding Contractor Nondiscrimination and Compliance <br />(Chapter 5 of Division 4 of Title 2 of the California Code of Regulations) are incorporated into <br />this Agreement. The Grantee and its contractor(s) shall give written notice of their obligations <br />-8- Construction Grant Agreement - 2008 <br />