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CITY OF SUNNY ISLES BEACH <br />CITY OF SUNNY ISLES BEACH <br />18070 Collins Ave. | Sunny Isles Beach, FL 33160 <br />18070 Collins Ave. | Sunny Isles Beach, FL 33160 <br />305.792.1707 | sibfl.net |Purchasing@sibfl.net <br />305.792.1707 | sibfl.net | Purchasing@sibfl.net <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 />Comprehensive General Liability Insurance <br />2.10.1 <br />Comprehensive General Liability with minimum limits of One Million Dollars ($1,000,000.00) each <br />occurrence for bodily injury, property damage and personal and advertising injury; (2) $2,000,000 <br />general aggregate; (3) $1,000,000 products and completed operations; (4) contractual liability <br />coverage. <br />Provide: Additional Insured status and Primary and Non-Contributory status in favor of the City of <br />Sunny Isles Beach; Waiver of Subrogation. <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 />Re-bid City of Sunny Isles Beach & NMB Water| Drainage Improvements & Watermain Replacement 15 <br /> <br />