|
SECTION 22. INSURANCE. The CONTRACTOR and any subcontractors of the CONTRACTOR
<br />shall require their insurance carriers, with respect to all insurance policies, to waive all rights of
<br />subrogation against the CITY. The CONTRACTOR shall submit certificates or other documentation
<br />evidence to the CITY with the signed agreement, attesting to insurance coverage for Worker's
<br />Compensation Insurance as required by the Florida Statutes, Public Liabilir_y, Property Damage Insurance,
<br />Professional Liability Insurance (when applicable) in the amount of $1,000,000.00.
<br />The City of Casselberry shall be named as an ADDITIONAL NAMED INSURED on all certificates and
<br />policies pertaining to this project. Insurance companies must be licensed to do business in the State of
<br />Florida with a Best's Key Rating Guide rate of no less than A. This information will be verified in the
<br />CITY's discretion, and it may be grounds for cancellation of the contract if the information is not in order.
<br />GENERAL LIABILITY*
<br />Bodily Injury: $1,000,000.00, each occurrence
<br />$2,000,000.00, aggregate
<br />Property: $1,000,000.00, each occurrence
<br />$1,000,000.00, aggregate
<br />or
<br />$1,000,000.00, bodily injury
<br />$2,000,000.00 and property damage combined each occurrence
<br />*Including: Premises -Operations; Independent Vendors; Products/Completed Operations, Personal Injury
<br />Liability; Fire Legal Liability. If the exposure exists, the following are required: Explosion & Collapse
<br />Hazard; Underground Hazard; Contractual & Broad from Property Damage.
<br />Automobile Liabilitv*
<br />Bodily Injury:
<br />$1,000,000.00, each person
<br />$1,000,000.00, each accident
<br />Property Damage:
<br />$1,000,000.00, each accident or
<br />$1,000,000.00, bodily injury and property damage combined each
<br />occurrence
<br />*Including: owned, hired & employer's non -owned vehicle(s)
<br />Worker's Compensation:
<br />Statutory: as required by the state of Florida
<br />Employer's Liability:
<br />$500,000.00 each accident
<br />INSURANCE COMPANIES MUST BE LICENSED TO CONDUCT INSURANCE BUSINESS IN THE
<br />STATE OF FLORIDA WITH A BEST RATING GUIDE RATING OF "A". All subcontractors must
<br />also have an Occupational License. THE CITY OF CASSELBERRY, FLORIDA, IS TO BE NAMED
<br />AS AN ADDITIONAL NAMED INSURED ON THE CERTIFICATE SUBMITTED TO THE CITY.
<br />INSURANCE CERTIFICATES WILL BE REVIEWED.
<br />Professional Liability Insurance is to be in the amount of $1,000,000. All-nsurances are to be project
<br />specific to this contract, not general umbrella insurance.
<br />SECTION 23. DISPUTE RESOLUTION. In the event of a dispute related to any performance or
<br />payment obligation arising under this Agreement, the parties agree to exhaust the CITY dispute resolution
<br />procedures prior to filing suit or otherwise pursuing legal remedies.
<br />CONTRACTOR agrees that it will file no suit or otherwise pursue legal remedies based on facts or
<br />evidentiary materials that were not presented for consideration to the CITY.
<br />G
<br />
|