Every applicant who has been issued a license by the DPW shall submit
a bond in the form approved by the DPW in the amount of $5,000 for
the faithful performance of such work as the applicant may perform
as a drainlayer. In addition, the applicant must submit a certificate
of insurance in the sum of $200,000/$500,000 broad form general public
liability, including coverage for premises operations, independent
contractors, as well as damage from explosion, by collapse of structures,
and to underground pipes, utilities and structures, and $200,000/$500,000
property damage liability. Both the bond and certificates of insurance
shall name the Town of Harvard as a named insured. In addition, a
certificate of insurance of workers' compensation coverage shall be
filed. All of the above certificates and bond shall remain in full
force and effect for the period of the license granted hereunder and
must be renewed and new certificates provided to the DPW upon renewal
of the drainlayer's license. Said insurance shall provide that it
shall save, defend and indemnify the Commissioners and the Town against
any and all claims, liability, loss, expense, action or damage incurred
by the Town, including reasonable attorney's fees, arising out of,
as a result of or in any way connected with, the performance of the
work of the licensee, and for or by reason of any acts or omissions
of said licensee in the performance of its work. The drainlayer shall
comply with any and all applicable Town, state, and federal codes,
rules and regulations.