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<br />City of Sunny Isles Beach & City of North Miami Beach| Drainage Improvements & Watermain <br />Replacement 15 <br /> <br />CITY OF SUNNY ISLES BEACH <br />18070 Collins Ave. | Sunny Isles Beach, FL 33160 <br />305.792.1707 | sibfl.net | Purchasing@sibfl.net <br />CITY OF SUNNY ISLES BEACH <br />18070 Collins Ave. | Sunny Isles Beach, FL 33160 <br />305.792.1707 | sibfl.net | Purchasing@sibfl.net <br />The bonds shall be with a surety company authorized to do business in the State of Florida and having been <br />in business with a record of successful continuous operation for at least five (5) years. <br />The Performance Bond shall guarantee all work and materials furnished under the Contract including losses <br />resulting from defects in the materials or improper performance of Work under the Contract that may <br />appear or be discovered during performance of the Work or during any applicable warranty period after <br />completion of all Work, and for latent defects, during the time periods set forth in section 95.11(3)(c), <br />Florida Statutes. The Payment Bond shall stay in effect until the time required by section 255.05, Florida <br />Statutes, for the making of claims under such Bond, or when all claimants submitting valid claims have been <br />paid, whichever is later. <br /> <br />2.10 INSURANCE <br />At all times during the term of the Contract, the Contractor, at its sole expense, shall maintain insurance <br />coverage of such types and with such terms and limits as described below. The Contractor further agrees <br />that if any part of the Work under the Contract is subcontracted, it will require its subcontractors to <br />maintain insurance coverage of such types and with such terms and limits as described below as a condition <br />of those subcontracts. <br /> <br />2.10.1 Comprehensive General Liability Insurance <br />Comprehensive General Liability with minimum limits of One Million Dollars ($1,000,000.00) per <br />occurrence combined single limit for Bodily Injury Liability and Property Damage Liability. <br />Coverage must be offered in a form no more restrictive than the latest edition of the <br />Comprehensive General Liability policy, without restrictive endorsements, as filed by the Insurance <br />Services Office, and shall specifically include the following with minimum limits not less than those <br />required for Bodily Injury Liability and Property Damage Liability: <br />• Premises and Operation; <br />• Independent Contractors; <br />• Products and/or Completed Operations Hazard; <br />• Broad Form Property Damage; <br /> Broad Form Contractual Coverage applicable to this specific Contract, including any hold <br />harmless and/or indemnification agreement. <br />• Personal Injury Coverage with Employee and Contractual Exclusions removed, with <br />minimum limits of coverage equal to those required for Bodily Injury Liability and Property <br />Damage Liability. <br /> <br /> 2.10.2 Business Automobile Liability <br />Business Automobile Liability with minimum limits of One Million Dollars ($1,000,000.00) per <br />occurrence combined single limit for Bodily Injury Liability and Property Damage Liability. <br />Coverage must be afforded on a form no more restrictive than the latest edition of the Business <br />Automobile Liability policy, without restrictive endorsements, as filed by the Insurance Services <br />Office, and must include: <br />• Owned Vehicles; <br />• Hired and Non-Owned Vehicles; <br />• Employers’ Non-City ship. <br /> <br />Before starting the Work, the Bidder 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 shall