Laserfiche WebLink
rrr. JF S'tM I,:"- <br />The <br />,r <br />The vendor agrees that if any part of the Work under the Contract is sublet, they will require <br />the Sub-vendor(s) to carry insurance as required, and that they will require the Sub- vendors) <br />to furnish to them insurance certificates similar to those required by the City in this section. <br />2.1.1 Cancellation and Re -Insurance: <br />If any insurance should be canceled or changed by the insurance company or should any <br />insurance expire during the period of this contract, the Contractor shall be responsible <br />for securing other acceptable insurance for the coverage specified in this section in <br />order to maintain coverage during the life of this Contract. All deductibles must be <br />declared by the Contractor and must be approved by the City. At the option of the City, <br />either the Contractor shall eliminate or reduce such deductible or the Contractor shall <br />procure a Bond, in a form satisfactory to the City, covering the same. <br />2.11.2 Garage Liability coverage for Garage Operations with minimum limits of not less than <br />One Million Dollars ($1,000,000) per occurrence. Garage keeper's Legal Liability with <br />minimum limits of not less than One Million Dollars ($1,000,000) per occurrence. <br />• Waiver of Subrogation on behalf of the city. <br />• The City of Sunny Isles Beach named as Additional Insured. <br />• Coverage to be provided on a Non-contributory and Primary format. <br />Workers' Compensation in accordance with Florida Statute, including $1,000,000 Employers' <br />Liability form. <br />Waiver of Subrogation on behalf of the City of Sunny Isles Beach. <br />A $5,000,000 Umbrella/Excess Liability policy over and above all of the coverage forms <br />mentioned above. <br />2.12 MONTHLY INVOICES PAYMENTS <br />Cut-off date is the close of the last business day of the month. Contractor shall submit by the <br />10th day of the following month Contractor's completed Statement of Services/Invoice. Should <br />the 10th fall on a weekend or holiday, Contractor shall submit his application on the next <br />workday. <br />Contractor is advised that processing of invoices must follow this schedule, as the City has <br />funding requirements and other payment obligations which may prevent payment of late <br />Statement of Services for that month's billing cycle. A late Statement of Services with a <br />recommendation for payment will be paid in the next month's billing cycle. <br />City of Sunny Isles Beach I Invitation to Bid No. 22-08-01 <br />