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continuation is clearly in the best interest of the City. <br />Should the vendor decline the City's right to exercise the option period, the City may consider the <br />vendor in default which may affect that vendor's eligibility for future contracts. <br />NOTE: IF MULTIPLE VENDORS ARE INVOLVED UNDER THE <br />GIVEN CONTRACT, ANY OPTIONS TO RENEW WILL BE <br />RESTRICTED TO THE SPECIFIC ITEMS OF WORK INITIALLY <br />AWARDED TO ANY SPECIFIC VENDOR. <br />2.5 METHOD OF AWARD <br />Award of this bid will be made to the responsive, responsible vendor who submit an offer on all <br />items listed in the solicitation and whose offer represents the lowest price and or the best value <br />when all items are added in the aggregate. If a vendor fails to submit an offer on all items, its <br />overall offer will be rejected. <br />2.6 PRICE <br />If the vendor is awarded a contract under this solicitation, the prices proposed by the vendor <br />shall remain fixed and firm during the term of contract. <br />2.7 PERFORMANCE BOND <br />Intentionally Omitted <br />2.8 DELIVERY <br />All items shall be delivered f.o.b. destination (i.e. at a specific City of Sunny Isles Beach address), <br />and delivery costs and charges (if any) will be included in the Bid Price. Exceptions shall be <br />noted. <br />2.9 INDEMNIFICATION <br />Comprehensive General Liability with minimum limits of Two Million Dollars ($2,000,000.00) 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 <br />Comprehensive General Liability policy, without restrictive endorsements, as filed by the <br />Insurance Services Office, and must include: <br />• Premises and Operation <br />• Independent Contractors <br />• Products and /or Completed Operations Hazard <br />• Broad Form Property Damaged <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 <br />Property Damage 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 />PAGE 17 of 28 <br />BID No. 11 -01 -01 <br />