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16 . The parties agree that there is no conflict of interest or any other prohibited relationship between the GRANTEE and the COMMISSION . INSURANCE REQUIREMENTS 17 . To the extent required by law, the GRANTEE will either be self-insured for Worker's Compensation claims , or will secure and maintain during the life of this Agreement, Worker's Compensation Insurance for all of its employees connected with the work of this project. If any work is subcontracted , the GRANTEE shall require the subcontractor similarly to provide Worker's Compensation Insurance for all of the latter's employees unless such employees are covered by the protection afforded by, the GRANTEE . Such self- insurance program or insurance coverage shall comply fully with the Florida Worker's Compensation law. In case any class of employees engaged in hazardous work under this Agreement is not protected under the Worker's Compensation statutes , the GRANTEE shall provide, and cause each subcontractor to provide, adequate insurance satisfactory to the COMMISSION , for the protection of his employees not otherwise protected . Employers who have employees who are engaged in work in Florida must use Florida rates , rules , and classifications for those employees . In the construction industry, only corporate officers of a corporation or any group of affiliated corporations may elect to be exempt from workers' compensation coverage requirements . Such exemptions are limited to a maximum of three per corporation and each exemption holder must own at least 10% of the corporation . Independent contractors , sole proprietors and partners in the construction industry cannot elect to be exempt and must maintain workers ' compensation insurance . 18. The GRANTEE , as an independent contractor and not an agent, representative, or employee of the COMMISSION , agrees to carry adequate liability and other appropriate forms of insurance . The COMMISSION shall have no liability except as specifically provided in this Agreement. CANCELLATION UNDER CHAPTER 119. FLORIDA STATUTES 19. This Agreement may be unilaterally canceled by the COMMISSION for refusal by the GRANTEE to allow public access to all documents , papers , letters , or other material subject to the provisions of Chapter 119 , Florida Statutes, and made or received by the GRANTEE on conjunction with this Agreement. RECORD KEEPING REQUIREMENTS 20. The GRANTEE shall maintain accurate books , records , documents and other evidence that sufficiently and properly reflect all direct and indirect costs of any nature expended in the performance of this contract, in accordance with generally accepted accounting principals . The GRANTEE shall allow the COMMISSION , the State, or other authorized representatives , access to periodically inspect, review or audit such documents as books, vouchers , records , reports , canceled checks and any and all similar material . Such audit may include examination and review of the source and application of all funds whether from the state , local or federal government, private sources or otherwise. These records shall be maintained for five (5) years following the close of this contract. In the event any work is subcontracted , the GRANTEE shall require each subcontractor to similarly maintain and allow access to such records for audit purposes . LIABILITY 21 . Each Party hereto agrees that it shall be solely responsible for the negligent or wrongful acts of its employees and agents . However, nothing contained herein shall constitute a waiver by either party of its sovereign immunity or the provisions of Section 768 . 28, Florida Statutes . NON -DISCRIMINATION Page 3 of 14