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<br /> <br />16 <br />ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS <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 />Longshoremen's and Harbor Worker's Act, the Federal Employers’ Liability Act and the <br />Homes Act. 4. Workers’ Compensation in accordance with Florida Statute, including <br />Employer’s Liability of $1,000,000. Bidder agrees to be responsible for the employment, <br />conduct and control of its employees and for any injury sustained by such employees in the <br />course of their employment <br /> <br />2.11.4 Builder’s Risk Insurance – Coverage shall be “All Risk” coverage for one hundred percent <br /> (100%) of the completed value of the structure(s), building(s) or addition(s). Where contract <br /> calls for install of machinery or equipment, the policy must be endorsed to provide coverage <br /> on “All Risk” basis during transit and installation. The policy must be issued with a deductible <br /> of not more than $50,000 per claim. <br /> <br />• Waiver of Subrogation: All insurance policies supplied shall include a waiver of any right of <br />subrogation, as allowed by law, of the insurers there under against the City of Sunny Isles Beach and <br />all its employees, insurers and underwriters, at least as broad as form CG 24 04 05 09 or equivalent. <br />The waiver of subrogation required for all insurance policies provided shall not include any <br />restrictions relative to negligence or injuries resulting to employees of Contractor or its sub- <br />Contractors. <br /> <br /> 2.11.5. Cancellation and Re-Insurance <br />It shall be the responsibility of the bidder and insurer to notify the City Manager of the City <br />of Sunny Isles Beach of cancellation, lapse, or material modification of any insurance policies <br />insuring the Proposers, which relate to the activities of such vendor and the City of Sunny <br />Isles Beach. Such notification shall be in writing, and shall be submitted to the City finance <br />support service director thirty (30) days prior to cancellation of such policies. This <br />requirement shall be reflected on the certificate of insurance. Failure to fully and <br />satisfactorily comply with the city's insurance and bonding requirements set forth herein will <br />authorize the City Manager to implement a rescission of the Bid award without further City <br />Commission action. <br /> <br />NOTE: THE CITY OF SUNNY ISLES BEACH, CONTRACT NUMBER AND TITLE MUST APPEAR ON <br />EACH CERTIFICATE OF INSURANCE. THE CITY OF SUNNY ISLES BEACH MUST BE SHOWN AS AN <br />ADDITIONAL INSURED WITH RESPECT TO THIS COVERAGE. <br /> <br />2.12 PROGRESS PAYMENTS <br /> <br />Progress payments shall be considered based upon the Contractor’s Applications for Payment <br />submitted to the Project Manager and upon Certificates for Payment subsequently issued to the <br />Owner by the Project Manager. The Owner shall make progress payments to the Contractor on <br />account of the Contract Price subject to the terms and conditions in the resultant Agreement. <br /> <br />Each invoice or payment application must be accompanied by all supporting documentation and <br />other information reasonably requested by City, including, but not limited to a Partial Release of <br />Lien or Final Release of Lien as appropriate in the forms set forth in Chapter 713.20, Florida <br />Statutes. Reference herein to Chapter 713, Florida Statutes is for convenience, and shall not be