§ 9-69. Bond and insurance.

To apply for a license, an applicant must provide evidence of the following to the electrical board:

(a)

That the applicant is a master electrician, line master electrician or a sign master electrician or has such a person in his employment as a full-time employee.

(b)

License and permit bond in the amount of one thousand dollars ($1,000.00) payable to the city. Such bond shall be conditioned to bind the principal to comply with this code and to:

(1)

Indemnify the city for any loss or damages occasioned by the violation of these laws and ordinances.

(2)

Provide for payment to any injured third party or parties for any damages, cost and expense caused by the electrical contractor's or his employees' or agents' negligence or failure to comply with the terms of such laws and ordinances.

(3)

Provide that such bond shall remain in full force and effect so long as the principal holds such license and any renewal license unless the sureties shall notify the building official or his employees or agents of their desire to be released from any liability arising from any future acts or omissions of the principal.

In the event that the sureties shall request release, they shall be released from any liability arising from any future acts or omissions of the principal, his agents and his employees thirty (30) days after the receipt of such notice. Unless the licensee within such period furnishes a new bond duly approved as provided in this section, such license shall no longer permit the licensee to engage in business as an electrical contractor.

(c)

Minimum insurance requirements:

(1)

Workers' Compensation Insurance in accordance with Texas state law.

(2)

Comprehensive general liability insurance coverage with limits of not less than seven hundred fifty thousand dollars ($750,000.00) per occurrence for bodily injury and two hundred fifty thousand dollars ($250,000.00) per occurrence for property damage with coverages extended as follows:

a.

Operations-premises liability;

b.

Independent contractor's liability—Broad form;

c.

Contractual liability—Broad form;

d.

Completed operations and products liability.

All such insurance shall be issued by a company duly authorized to write such insurance in the State of Texas. Compliance with this section shall be considered as having been met when the policy, a copy thereof or a certificate of insurance has been filed with and approved by the building official. Such policy shall include an endorsement thereon that the building official will be notified at least ten (10) days in advance in the event the policy or policies are cancelled or permitted to lapse by nonrenewal before the expiration date of the license.

(d)

Each contractor must provide evidence that all work will be performed by his designated master and properly licensed journeyman and apprentices in accordance with this code.

(e)

Scope of license. In the event that the applicant is or has employed a line master electrician or a sign master electrician in lieu of a master electrician, then the scope of this electrical contractor license will be restricted to that work for which he or his master is licensed.

(Ord. No. 110D, Pt. I, § 3, 3-27-69; Ord. No. 110-E, § 2, 1-8-90; Ord. No. 110-H, § 2, 7-26-99)