Reso 2006-893 - Laserfiche WebLink

Home Browse Search

the parties agree that no deviation from the terms hereof shall be predicated upon any prior representations or agreements, whether oral or written. It is further agreed that no modification, amendment or alteration in the terms or conditions contained herein shall be effective unless contained in a written document in accordance with Section 10.16 above. I 0.19 MULTIPLE ORIGINALS This Agreement may be fully executed in duplicate (2) copies by all parties, each of which, bearing original signatures, shall have the force and effect of an original document. 10.20 INSURANCE ARTIST shall maintain, at its sole cost and expense, the following types of insurance coverage at all times throughout the term of this Agreement or until final acceptance of the Project by the Contract Administrator, whichever is later, only if ARTIST exercises the option provided for in section 7.3: a. Comprehensive General Liability in the minimum amount of Three Hundred Thousand ($300,000) dollars per occurrence bodily injury, death, property damage, and personal injury. This policy must also contain coverage for premises operations, products and contractual liability. b. Contractors must submit proof of Workers' Compensation and Employer's Liability in the form of a Certificate ofInsurance. All other State regulations apply. c. Automobile insurance is required in the amount of Three Hundred Thousand ($300,000) dollars if ARTIST will be parking vehicles on public property, which is not a designated public parking space, to unload materials/supplies. The CITY of Sunny Isles Beach must be named as an additional insured and policyholder on all insurance certificates issued. All insurance policies must be issued by companies that are authorized to do business in the State of Florida, and have a rating of B+ VI or better in the current edition of Best's Key Rating Guide. The policies of insurance referred to above shall not be subject to cancellation or changing coverage except upon at least thirty (30) days prior written notice to the CITY, and then only subject to the prior written approval of the Contract Administrator. Prior to the Commencement Date of this Agreement, ARTIST shall provide Contract Administrator with a Certificate ofInsurance for each such policy. ALL POLICIES SHALL NAME THE CITY OF SUNNY ISLES BEACH, FLORIDA AS AN ADDITIONAL NAMED INSURED. All such policies shall be obtained from companies authorized to do business in the State of Florida with an A.M. Best's Insurance Guide (latest edition) rating acceptable to the CITY'S Risk Manager, and any replacement or substitute company shall also be subject to the approval of the CITY'S Risk Manager. Should ARTIST fail to obtain, maintain or renew the policies of insurance referred to above, in the required amounts, the CITY may, at its sole discretion, obtain such insurance, and any sums expended by CITY in obtaining said insurance, shall be repaid by ARTIST to CITY, plus ten percent (10%) of the amount of premiums paid to compensate CITY for its administrative costs. If ARTIST fails to repay n~j'"">,