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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