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City of Sunny Isles Beach |ITB No. 15‐06‐01 11   <br />  <br />adjustment. Any adjustment request received after the commencement of a new option <br />period may not be considered. <br /> <br />2.5 METHOD OF AWARD <br /> <br />The staff will review the Bids based on the bid price, the capacity, ability and skill of the Bidder to <br />perform the work, the past performance of the Bidder, and the proximity of the Bidder’s facilities <br />to the City of Sunny Isles Beach. <br /> <br />2.6 PRICE <br /> <br />If the vendor is awarded a contract under this solicitation, the prices proposed by the vendor shall <br />remain fixed and firm during the term of contract, except as detailed in Section 2.4 OPTIONS TO <br />RENEW. <br /> <br />2.7 PERFORMANCE BOND <br /> <br /> Intentionally Omitted <br /> <br />2.8 BID BOND <br /> <br />Intentionally Omitted <br /> <br />2.9 DELIVERY <br /> <br />Intentionally Omitted <br /> <br />2.10 INSURANCE <br /> <br />Upon City’s notification, the Firm shall furnish to the City Manager or his designee a Certificate of Insurance. <br />This Certificate must outline The City as an additional insured and indicate that insurance <br />coverage has been obtained, which meet the requirements as outlined below: <br />2.10.1 Comprehensive General Liability Insurance <br /> <br />Comprehensive General Liability with minimum limits of One Million Dollars <br />($1,000,000.00) per occurrence combined single limit for Bodily Injury Liability and <br />Property Damage Liability. Coverage must be offered in a form no more restrictive than <br />the latest edition of the Comprehensive General Liability policy, without restrictive <br />endorsements, as filed by the Insurance Services Office, and shall specifically include the <br />following with minimum limits not less than those required for Bodily Injury Liability and <br />Property Damage Liability: <br /> Premises and Operation;