(a) No licensing or renewal thereof shall be issued unless the application is accompanied by the following:
(1) Proof of liability insurance policy in an amount not less than three hundred thousand dollars ($300,000) for injuries including those resulting in the death of any one person and in an amount of not less than one million dollars ($1,000,000) on account of any one accident or occurrence. This shall be kept in effect throughout the entire registration period.
(2) A one thousand dollar ($1,000) surety bond made out to the City of Campbell Building Inspection Department which shall be in effect and kept in effect throughout the entire registration or licensing period conditioned upon the faithful performance by the contractor of all work entered into or contracted for by such contractor and upon the strict compliance of the contractor with all provisions and requirements of the ordinances of the City where the work under registration is being performed. This shall be used to indemnify the owner of each project that the contractor is performing work on against work not performed to code by the contractor and/or his subcontractor. It shall also indemnify the City against any and all losses and damages by reason of any negligence on the part of the contractor and/or his subcontractors. This shall be kept in effect throughout the entire registration period.
(b) Failure to maintain the insurance and/or bond listed above shall result in revocation of the registration and/or license. All insurance shall be renewed annually. No insurance shall be assignable or transferable.
(c) A bond is required by the Board of Health in the amount of one thousand dollars ($1,000) for all plumbers.
(Ord. 02-9356. Passed 1-16-02.)
(Ord. 02-9356. Passed 1-16-02.)