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<br />|REQUEST FOR PROPOSAL NO. 19-07-02 11 <br /> <br /> <br />2.6 PRICE <br />Progress payments will be made on the basis of hours of work completed during the course of <br />the engagement and expenses incurred in accordance with the firm’s price proposal. If the <br />vendor is awarded a contract under this solicitation, the prices proposed by the vendor shall <br />remain fixed and firm during the initial and renewal term of the contract. <br /> <br />2.7 MONTHLY INVOICES PAYMENTS <br /> <br />Cut-off date is the close of the last business day of the month. Vendor shall submit by the 10th <br />day of the following month vendor's completed Statement of Services/Invoice. Should the 10th <br />fall on a weekend or holiday, Firm shall submit their invoice on the next workday. <br /> <br />2.8 PERFORMANCE AND BID BOND <br /> <br />Intentionally Omitted <br /> <br />2.9 INSURANCE <br /> <br /> Comprehensive General Liability Insurance on a comprehensive basis in an amount not less than <br />One Million Dollars ($1,000,000) each Occurrence for bodily injury and property damage. <br />Coverage must be afforded on a form no more restrictive than the latest edition of the <br />Comprehensive General Liability policy, without restrictive endorsements, as filed by the <br />Insurance Services Office, and must include: <br /> <br />o Premises and Operation <br />o Independent Contractors <br />o Products and/or Completed Operations Hazard <br />o Broad Form Property Damaged <br />o Broad Form Contractual Coverage applicable to this specific Contract, including any hold <br /> harmless and/or indemnification agreement. <br />o Personal Injury Coverage with Employee and Contractual Exclusions removed, with <br />minimum limits of coverage equal to those required for Bodily Injury Liability and <br />Property Damage Liability. <br /> <br /> Automobile Liability Insurance covering all owned, non-owned, and hired vehicles used in <br />connection with the Services, in an amount not less than One Million Dollars ($1,000,000) <br />Combined Single Limit. Coverage must be afforded on a form no more restrictive than the latest <br />edition of the Business Automobile Liability policy, without restrictive endorsements, as filed by <br />the Insurance Services Office, and must include: <br /> <br />o Owned Vehicles; <br />o Hired and Non-Owned Vehicles; <br />o Employers’ Non-Ownership. <br />o Professional Liability/Error’s & Omissions <br />Limits of Liability <br />Each Claim $1,000,000, Policy Aggregate $1,000,000 <br /> <br /> Before starting the Work, the vendor will file and make sure that all certificates of insurance <br />required by this document and by the Contract are in the City’s possession. These certificates <br />shall contain a provision that the coverage afforded under the policies will not be canceled or <br />materially changed until at least thirty (30) days prior written notice has been given to the City