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<br />City of Sunny Isles Beach |Request for Qualifications No. 19-11-01 10 <br /> <br />stipulated in the Notice of Award letter. Prior to initiating the performance of any services under <br />this Agreement, Consultant must receive a written Notice to Proceed from the City Manager prior <br />to beginning the performance of services. The contract shall be contingent upon the completion <br />and submittal of all required documents. However, in the event funding is not appropriated on an <br />annual basis during any particular year within the contract period, the contract may be canceled <br />upon thirty (30) days written notice to Firm. In such an event, the City shall only be responsible <br />for the reasonable value of services performed prior to the effective date of termination. <br /> <br />2.4 OPTIONS TO RENEW <br /> <br />The initial contract term shall be for two (2) years for the professional services. The City, at its sole <br />option, may renew the contract for three (3) one-year renewal terms. Exercising the option to <br />renew is at the sole discretion of the City. <br /> <br />2.5 METHOD OF AWARD <br /> <br />Refer to Section 4 <br /> <br />2.6 PERFORMANCE AND PAYMENT BOND <br /> <br />Intentionally Omitted <br /> <br />2.7 BID BOND <br /> <br />Intentionally Omitted <br /> <br />2.8 DELIVERY <br /> <br />Intentionally Omitted <br /> <br />2.9 INSURANCE <br /> <br />Upon City’s notification, the Firm shall furnish to the City Manager, Certificates of Insurance that <br />indicates that insurance coverage has been obtained for the duration of the contract, and 2 years <br />after the completion of the construction project, which meet the requirements as outlined below: <br /> <br />2.9.1 Comprehensive General Liability Insurance <br /> <br />Contractor shall be required to purchase, maintain, and keep in full force, effect, and good <br />standing, Comprehensive General Liability with primary limits of One Million Dollars <br />($1,000,000) per occurrence and Two Million Dollars ($2,000,000) aggregate during the <br />initial and any renewal term of this Agreement. Coverage must be afforded on a form no <br />more restrictive than the latest edition of the Comprehensive General Liability policy, <br />without restrictive endorsements, as filed by the Insurance Services Off ice, and must <br />include: <br />