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Award #:9104757 <br />employer's liability coverage with minimum limits of $500,000.00, covering all <br />Recipient's employees who are engaged in any work under the Program. If any work is <br />sublet, Recipient shall require the Sub-recipient to provide the same coverage for any <br />of its employees engaged in any work under the Program. <br />b. Automobile Liability Insurance, to include liability coverage, covering all owned, hired and <br />non-owned vehicles used in performance of the Program. The minimum combined single <br />limit shall be $500,000.00 bodily injury and property damage; $500,000.00 uninsured/under <br />insured motorist; and $25,000.00 medical payment. <br />Providing and maintain adequate insurance coverage is a material obligation of Recipient and <br />goes to the essence of this Agreement. Recipient may meet its requirements of maintaining <br />specified coverage and limits by demonstrating to OERI that there is in force insurance with <br />equivalent coverage and limits that will offer at least the same protection to OERI. All such <br />insurance shall meet all laws of the State of North Carolina. Such insurance coverage shall be <br />obtained from companies that are authorized to provide such coverage and that are authorized by <br />the Commissioner of Insurance to do business in North Carolina. Recipient shall at all times <br />comply with the terms of such insurance policies, and all requirements of the insurer under any <br />such insurance policies, except as they may conflict with existing North Carolina laws or this <br />Agreement. The limits of coverage under each insurance policy maintained by Recipient shall <br />not be interpreted as limiting Recipient's liability and obligations under this Agreement. <br />F. Obligations of Recipient with Respect to Certain Third Party Relationships. <br />Recipient is liable to OERI for complying with the provisions of this Agreement and all applicable laws, <br />rules and requirements, even when Recipient designates a third party or parties to undertake all or any part <br />of the Program. Recipient shall insure compliance with all lawful requirements of OERI, HUD and this <br />agreement. If Recipient contracts with or designates a third party to undertake all or part of the Program, <br />Recipient's contract with the third party must require the third party to comply with all applicable laws and <br />Recipient must maintain all rights and control in that agreement to insure its responsibilities under this <br />agreement, and <br />1. Recipient must first approve any agreement with any third party in advance of any disbursement of <br />funds or contractual obligation. <br />2. Any subcontractors of third party agreements entered into by Recipient with Program funds shall <br />be subject to all terms and conditions of this Agreement and the Recipient shall maintain an <br />affirmative duty to actively monitor compliance and performance and reporting. <br />3. The payment of all subcontractors and third parties shall be the sole responsibility of Recipient, and <br />OERI shall not be obligated to pay for any work performed by any subcontractor or third party. <br />Recipient shall be responsible for the performance of all subcontractors and third parties and shall <br />not be relieved of any of the duties and responsibilities of this Agreement as a result of entering <br />into subcontracts or third party agreements. <br />G. Management. Oversi h~ t Standards and Reporting <br />Recipient is required to: <br />Contract Agreement, p. 7 <br />