1357.08 LIABILITY INSURANCE.
   The contractor shall carry public liability and contractor’s protective public liability insurance for personal injury in a minimum amount of one-hundred-thousand dollars ($100,000) for one person and three-hundred-thousand dollars ($300,000) for more than one person.
   The contractor shall carry property damage and contractor’s protective property damage insurance in the minimum amount of fifty-thousand dollars ($50,000) for one accident and one- hundred-thousand dollars ($100,000) for all accidents.
   Should any part of the work covered by the contract, involving work at the site of the project, be sublet, the contractor shall furnish satisfactory proof of insurance of the character and in the amount deemed necessary and required by Council, to provide insurance protection which, in the aggregate, will be equal to that specified for the principal contractor if no work were sublet, such insurance to be written in the name of the subcontractor to cover the work to be performed by him or her and his or her employees.
   Should any part of the work covered by the contract, involving work at the site of the project, be sublet, the principal contractor shall carry both public liability and property damage and protective and contingent public liability and contingent property damage insurance in addition to the separate public liability and property damage insurance required to be carried by the subcontractor.
   The contractor shall furnish Council with satisfactory proof of carriage of the insurance required, and neither he or she nor any subcontractor shall commence work until such proofs have been submitted and the insurance approved by Council.