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City of Sunny Isles Beach 18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947 -0606 phone (305) 949 -3113 Fax <br />per accident for bodily injury and Five Hundred Thousand Dollars <br />($500,000) per accident for property damage. <br />❑ Umbrella Liability to protect Contractor and the City against all claims in <br />excess of the underlying general liability, automobile and worker's <br />compensation coverage. The umbrella insurance limits shall not be less <br />than Two Million Dollars ($2,000,000.00) aggregate. <br />Insurance required of the Contractor shall be primary to, and not contribute with, any insurance <br />or self- insurance maintained by the City. Such insurance shall not diminish Contractor's <br />indemnification and obligations hereunder. The insurance policy(ies) shall be issued by <br />companies authorized to do business under the laws of the State of Florida and acceptable to the <br />City with a minimum A.M. Best rating of A- Excellent. Before any work under this <br />Agreement is performed, and at any time upon request, Contractor shall furnish to the <br />City certificates of insurance evidencing the minimum required coverage and shall be <br />appropriately endorsed for contractual liability, with the City named as additional insured. <br />All policies shall contain a waiver of subrogation endorsement. All policies and certificates shall <br />be in forms and issued by insurance companies acceptable to the City Manager or his designee. <br />All insurance policies and certificates of insurance shall provide that the policies may not be <br />canceled or altered without thirty (30) days prior written notice to the City. The City reserves the <br />right from time to time to change the insurance coverage and limits of liability required to be <br />maintained by Contractor hereunder. Contractor shall also require and ensure that each of its <br />sub - contractors providing services hereunder (if any) procures and maintains, until the <br />completion of the services, insurance of the types and to the limits specified herein. ANY <br />EXCEPTIONS TO THE INSURANCE REQUIREMENTS IN THIS SECTION MUST BE <br />APPROVED IN WRITING BY THE CITY. <br />8. TERMINATION AND REMEDIES FOR BREACH. <br />A. If, through any cause within reasonable control, the Contractor shall fail to fulfill <br />in a timely manner or otherwise violate any of the covenants, agreements or <br />stipulations material to this Agreement, the City shall have the right to terminate <br />the Services then remaining to be performed. Prior to the exercise of its option to <br />terminate for cause, the City shall notify the Contractor of its violation of the <br />particular terms of the Agreement and grant Contractor twenty (20) days to cure <br />such default. If the default remains uncured after twenty (20) days the City may <br />terminate this Agreement, and the City shall receive a refund from the Contractor <br />in an amount equal to the actual cost of a third party to cure such failure. If <br />Contractor fails, refuses or is unable to perform any term of this Agreement, City <br />shall pay for services rendered as of the date of termination. <br />(i.) In the event of termination, all finished and unfinished documents, data and <br />other work product prepared by Contractor (and sub Contractor (s)) shall be <br />delivered to the City and the City shall compensate the Contractor for all <br />C 1314 -023 - EDMUNDS & ASSOCIATES, INC. 4 <br />