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insurance to be maintained by the Contractor under the terms of the Project <br />contract, including the Contractor's Commercial General Liability Insurance, <br />Commercial Automobile Insurance, and Umbrella coverage. The District shall be <br />responsible to pay any additional cost incurred by the Contractor to name the <br />District as an additional insured. If the District is included as an additional insured <br />on such insurance, the Contractor shall provide the City with endorsement(s) to <br />such insurance necessary to confirm the District is an additional insured on such <br />policies /coverage. The City shall provide the District with copies of such <br />endorsement(s) upon receipt of same by the City. <br />The City shall also require the Contractor building the Project to indemnify, <br />defend, and save harmless the District and its elected and appointed officers, <br />agents, or employees from any claim, damage, action, liability of proceeding <br />brought or filed against the District or its officers, agents or employees alleging <br />damage or injury arising out of the Contractor's participation in the Project. The <br />Contractor shall also be required to waive the Contractor's immunity under <br />Washington's Industrial Insurance Act, RCW Title 51, as to the District solely for <br />the purposes of the indemnification. <br />5. COMPENSATION <br />5.1 The estimated cost for the District work related to this Agreement, as described <br />on Exhibit B is $313,654.00. Based on the estimated cost, the District shall pay <br />the City $24,978.00 for construction administration costs plus actual contractor <br />costs including tax for completed work, and /or services rendered under this <br />Agreement. The total amount to be paid by the District to the City, including the <br />construction administration costs referenced above, shall not exceed <br />$404,648.23 unless approved in writing by the District. The actual costs are <br />subject to change based upon final bid review, award of all relevant Project work, <br />and change orders. <br />5.2 The City shall invoice the District following completion of the Project work and <br />acceptance by the District of the District Work. Payments are due within thirty <br />(30) days of the District's receipt of an invoice from the City, except for any <br />disputed amounts. <br />5.3 Payment as provided in this section shall be full compensation for work <br />performed, services rendered, and for all materials, supplies, equipment and <br />incidentals necessary to complete the work. <br />6. INDEMNIFICATION <br />Each of the Parties shall defend, indemnify and hold the other Party, their officers, <br />officials, employees and agents harmless from any and all costs, claims, judgment, <br />and /or awards of damages, arising out of or in any way resulting from that other Party's <br />negligent acts or omissions in performing under this Agreement. No Party will be <br />required to defend, indemnify or hold the other Party harmless if the claim, suit or action <br />for injuries, death or damages is caused by the sole negligence of that Party. Where <br />such claims, suits or actions result from the concurrent negligence of the Parties, the <br />indemnity provisions provided herein shall be valid and enforceable only to the extent of <br />W: \PW Eng \PROJECTS W- RW & RS Projects \42nd Ave S Phase III (99410303 94 -RS03) \Design \COT - Valley View - Interiocal Agreement 42nd Ave <br />S Final.docx -4- <br />