Specifications - Laserfiche WebLink

Home Browse Search

11.3 If the agreement is terminated for cause, Bidder will be removed from the City's vendor list. 11.4 The City shall have the right to terminate the agreement in the event the Bidder files any petition or proceeding for bankruptcy relief or is adjudicated to be bankrupt or insolvent or fails to pay just debts as they ordinarily become due. 11.5 This agreement may not be terminated by the Bidder unless otherwise provided in the contract. 12. Insurance Requirements. 12.1 General. The Bidder, including service- related respondees, shall purchase and maintain for the entire life of the Project, including any and all approved time extensions, until its final acceptance by the City, such insurance as will protect the Bidder from claims under Workers' Compensation, disability benefit laws or other similar employee benefit laws; from claims for damages because of bodily injury, occupational sickness or disease, or death of Bidder employees; from claims insured by usual or unusual injury liability coverage; from claims or injury to or destruction of tangible property and from claims insured by usual Commercial General Liability coverage. This includes loss of use resulting therefrom, any or all of which may arise out of the Bidder's operations under the Contract Documents, whether such operations be by the respondee, or any sub contractor, or by anyone directly or indirectly employed by any of them or for whose acts any of them may be legally liable. The Bidder's deductibles /self- insured retentions shall be disclosed to the City and may be disapproved by the City and may be reduced or eliminated at the sole discretion of the City. The Bidder is responsible for the amount of any deductible or self - insured retention. 12.2 Requirements for Certificates of Insurance. Bidder shall provide the City with all required Certificates of Insurance which Certificates must be acceptable to the City. Each Certificate of Insurance shall be provided to the City at least 15 days prior to coverage renewals requested by the City. The Bidder shall furnish complete copies of respondee's insurance policies, forms and endorsements. If the Bidder fails to obtain and maintain for the life of the contract insurance required herby or to replace any such expired or cancelled policies, the City may obtain and maintain such insurance with such company as it deems satisfactory with those amounts expended by the City in payment of premiums to be deducted by the City from the amounts due the Bidder for work covered by the contract. 13. Hold Harmless. 13.1 The City, its agents, employees and officials, both elected and appointed shall be held harmless against all claims for bodily injury, sickness, disease, death or personal injury or damage to property or loss of use resulting therefrom arising out of performance of the agreement or contract. Page 6 of 9 RFP -Sidewalk And Street Projects PART] Requests For Proposal