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CONTRACT FOR SERVICES CONEJO RECREATION AND PARK DISTRICT Agreement made and entered into in the County of Ventura by and between the Conejo Recreation and Park District, hereinafter referred to as "Owner," and MUSCO hereinafter referred to as "Contractor." 1. Contractor shall furnish all materials and perform all of the work for the Athletic Field Light Improvements at Thousand Oaks Community Park, see attached proposal. 2. Owner shall pay the amount of Two Hundred Seventy -Seven Thousand Two Hundred Sixty-two Dollars and Fifty Cents ($277,262.50), as specified by Contractor in Contractor's Proposal, as full compensation to Contractor for furnishing all materials and for doing all the work contemplated and embraced in this agreement, also for all loss or damage arising out of the nature of the work aforesaid, from the actions of the elements, from any unforeseen difficulties or obstructions which may arise or be encountered in the prosecution of the work until its acceptance by Owner, and for all risks of every description connected with the work, also for all expenses incurred by or in consequence of the suspension or discontinuance of work, and for well and faithfully completing the work, and the whole thereof, in the manner and according to the Contract Documents. 3. Contractor herein certifies that he is licensed by the State of California in accordance with regulations of the Contractor's State License Board. 4. Contractor shall indemnify and hold harmless the Owner against all claims for damages growing out of the execution of said work. Contractor shall obtain a policy of comprehensive bodily injury and property damage liability insurance whose provisions conform to the article and worker's compensation insurance as required by law. Contractor shall maintain such policies in full force and effect at all times until acceptance of work by Owner. Concurrently with execution of this Contract, Contractor shall furnish to Owner a Certificate of Insurance. (a) Policy shall name as additional insured with Contractor, Conejo Recreation and Park District, its directors, officers, agents, and employees. (b) Coverage is to be placed with a carrier with an A.M. Best rating of no less than A -:V11, or equivalent. (c) Policy shall insure above-mentioned while acting within the scope of their duties, against all claims, suits, or other actions of any nature brought for or on account of any injury, damage, or loss, including any death, arising out of or connected with the work, under this Contract. (d) Minimum limits of coverage of the policy shall be: Bodily Injury: $1,000,000 each person; $1,000,000.00 each occurrence; $2,000,000.00 aggregate. Property Damage: $1,000,000 each occurrence. (e) Terms of Policy (i) Insurer shall not cancel or modify policy without ten (10) days prior written notice to Owner. (ii) Owner shall not be responsible for any premiums or assessments on policy.