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City of Sunny Isles Beach |Invitation to Bid No. 14-10-02 13 2.10.4 Cancellation and Re-Insurance If any insurance should be cancelled or changed by the insurance company or should any insurance expire during the period of this contract, the Contractor shall be responsible for securing other acceptable insurance to provide the coverage specified in this section to maintain coverage during the life of this Contract. All deductibles must be declared by the Contractor and must be approved by the City. At the option of the City, either the Contractor shall eliminate or reduce such deductible or the Contractor shall procure a Bond, in a form satisfactory to the City, covering the same. 2.11 MONTHLY INVOICES PAYMENTS: Cut-off date is the close of the last business day of the month. Proposer shall submit by the 10th day of the following month bidder’s completed Statement of Services/Invoice. Should the 10 th fall on a weekend or holiday, Consultant shall submit his application on the next workday. Contractor is advised that processing of invoices must follow this schedule as the City has funding requirements and other payment obligations which may prevent payment of late Statement of Services for that month’s billing cycle. A late Statement of Services with a recommendation for payment will be paid in the next month’s billing cycle. 2.12 LABOR, MATERIALS AND EQUIPMENT SHALL BE SUPPLIED BY PROPOSER: Unless otherwise provided in Section 3 of this solicitation, the proposer shall furnish the following, included but not limited to, all labor, material, equipment, barricading, adequate supervision, and coordination for satisfactory contract performance. When not specifically identified in the technical specifications, such materials and equipment shall be of a suitable type and grade for the specific purpose of completing all work required by this Invitation to Bid. All material, workmanship, 100% design, testing and equipment shall be subject to the inspection and approval of the City Manager or his designated representative for this project. 2.13 CLEAN-UP: All unusable materials and debris shall be removed from the premised at the end of each workday, and disposed of in an appropriate manner. Upon final completion, the proposer shall thoroughly clean up all areas where work has been involved as mutually agreed with the associated user department’s project manager. 2.14 FEDERAL, STATE AND LOCAL REGULATIONS: The successful Proposer shall comply with all federal, state and local ordinances, regulations, and rules as well as any other laws that would apply to the proposed project. The Proposer’s costs associated with regulatory requirements shall be included in the pr oject cost whether depicted specifically or not within the body of the proposal. 2.15 MATERIALS SHALL BE NEW AND WARRANTIED AGAINST DEFECTS: