Reso 2006-898 - Laserfiche WebLink

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o Worker's Compensation, as required by law, but with no less than $1,000,000 for Employer's Liability. o Business Automobile Liability which shall include coverage for all owned, non- owned and hired vehicles for minimum limits of not less than One Million Dollars ($1,000,000) per occurrence, One Million Dollars ($1,000,000) per accident for bodily injury and Five Hundred Thousand Dollars ($500,000) per accident for property damage. o Umbrella/Excess Liability coverage in addition to the foregoing limits that when combined with the foregoing limits provide total coverage of at least Five Million Dollars ($5,000,000). Insurance required of LOGISTICARE shall be primary to, and not contribute with, any insurance or self-insurance maintained by the City. Such insurance shall not diminish LOGlSTICARE's indemnification and obligations hereunder. The insurance policy(ies) shall be issued by companies authorized to do business under the laws of the State of Florida and acceptable to the City with a minimum Best rating of A-Excellent. Before any work under this Agreement is performed, and at any time upon request, Consultant shall furnish to the City certificates of insurance evidencing the minimum required coverage and shall be appropriately endorsed for contractual liability, with the City named as additional insured. All policies and certificates shall be in forms and issued by insurance companies acceptable to the City. All insurance policies shall include CITY as a certificate holder and provide for thirty (30) days prior written notice to the CITY before said policy(ies) are canceled or policy limited reduced. If at any time during the Term of this Agreement, the CITY detennines that the insurance coverage and limits of liability required to be maintained by LOGISTICARE are not satisfactory to the CITY, the PARTIES agree to renegotiate the insurance coverage and limits of liability and related issues, including but not limited to Compensation. If after ten (10) days, the PARTIES are unable to agree on mutually beneficial terms, then either pariy may terminate the Agreement. 5. TERMINATION. 5.0 I Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated by either par1y, without cause, at any time, provided that written notice of the intent to terminate is given to the other party at least sixty (60) days prior to termination. 5.02 Either party may cancel and terminate this Agreement if the other party breaches the terms of this Agreement and fails to cure such breach within fifteen (15) days after receiving written notice of such breach from the non-breaching party. 5 tS/8