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City of Sunny Isles Beach 18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br />insurance coverage to protect the City and Contractor against all loss, claims, damage and <br />liabilities caused by Contractor, its agents or employees, as indicated below: <br />❑ Comprehensive General liability insurance, including broad form contractual <br />liability coverage for all operations, including, but not limited to, comprehensive <br />fonn, premises -operations, products/completed operations hazard, contractual <br />insurance, broad form property damage, independent contracts and personal injury, <br />for both bodily injury and property damage, with minimum limits of Two Million <br />Dollars ($2,000,000.00) per occurrence and Two Million Dollars ($2,000,000.00) <br />per aggregate. <br />❑ Worker's Compensation, as required by state law. <br />❑ Business Automobile Liability which shall include coverage for all owned, non - <br />owned and hired vehicles for minimum limits of not less than One Million Dollars <br />($1,000,000.00) per occurrence and Two Million Dollars ($2,000,000.00) per <br />aggregate. Bodily injury (each person) bodily injury (each accident), property <br />damage, bodily injury and property damage combined. <br />❑ Excess Liability insurance policy for bodily injury and property damage combined <br />in the amount of Four Million Dollars ($4,000,000.00) per occurrence and in the <br />Four Million Dollars ($4,000,000.00) in the aggregate. <br />Insurance required of the Contractor shall be primary to, and not contribute with, any insurance <br />or self-insurance maintained by the City. Such insurance shall not diminish Contractor's <br />indemnification and obligations hereunder. The insurance policy shall be issued by companies <br />authorized to do business under the laws of the State of Florida and acceptable to the City with <br />a minimum A.M. Best rating of A -Excellent. Before any work under this Agreement is <br />performed, and at any time upon request, Contractor shall furnish to the City certificates of <br />insurance evidencing the minimum required coverage and shall be appropriately endorsed for <br />contractual liability, with the City named as additional insured. All policies shall contain a <br />waiver of subrogation endorsement. All policies and certificates shall be in forms and issued <br />by insurance companies acceptable to the City Manager or his designee. All insurance policies <br />and certificates of insurance shall provide that the policies may not be canceled or altered <br />without thirty (30) days prior written notice to the City. Contractor shall also require and <br />ensure that each of its sub -Contractors providing services hereunder (if any) procures and <br />maintains, until the completion of the services, insurance of the types and to the limits specified <br />herein. ANY EXCEPTIONS TO THE INSURANCE REQUIREMENTS IN THIS <br />SECTION MUST BE APPROVED IN WRITING BY THE CITY. <br />8. TERMINATION AND REMEDIES FOR BREACH. <br />A. If, through any cause within reasonable control, the Contractor shall fail to fulfill in <br />a timely manner or otherwise violate any of the covenants, agreements or <br />stipulations material to this Agreement, the City shall have the right to terminate the <br />Services then remaining to be performed. Prior to the exercise of its option to <br />terminate for cause, the City shall notify the Contractor of its violation of the <br />particular terms of the Agreement and grant Contractor ten (10) days to cure such <br />Port Consolidated, Inc. 4 <br />