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adequate time for re- solicitation. Further, the City Manager reserves the right, if it is in the best interests of the City, to negotiate with the sole Bidder for the best terms, conditions and price. The City Manager shall document the reasons that such action is in the best interest of the City. Otherwise, the qualification may be rejected and: New bidders solicited; 2. The sole bidder may be rejected. 3. If the City Manager determines in writing that the need for the supply or service continues, but that the price of the one Bidder is unreasonable and there is not time for re- solicitation or re- solicitation would likely be futile, the procurement may then be conducted under Section 6(D) or Section 6(F), of Ordinance 2001- 101, as appropriate. 10. Taxes. The Bidder is responsible for paying any and all taxes associated with the agreement. 11. Termination of Agreement. If the successful bidder fails to perform the conditions of the agreement as specified and as interpreted by the Manager, the Manager shall provide written notice of such violation. 11.1 The City reserves the right to terminate the agreement, without cause, with a 30 -day calendar written notice unless otherwise provided in the contract. 11.2 Termination and cancellation of any agreement will not relieve the bidder for work rest that was to be completed prior to the termination or cancellation of the agreement. 11.3 If the agreement is terminated for cause, bidder will be removed from the City's vendor list. 11.4 The City Commission shall have the right to terminate the agreement in the event the bidder files any petition or proceeding for bankruptcy relief or is adjudicated to be bankrupt or insolvent or fails to pay just debts as they ordinarily become due. 11.5 The bidder may not terminate this agreement unless otherwise provided in the contract. 12. Insurance Requirements. 12.1 General. The bidder, including service- related bidders, shall purchase and maintain for the entire life of the Project, including any and all approved time extensions, until its final acceptance by the City, such insurance as will protect the bidder from claims under Workers' Compensation, disability benefit laws or other similar employee benefit laws; from claims for damages because of bodily injury, occupational sickness or disease, or death of bidder employees; from claims insured by usual or unusual injury liability coverage; from claims or injury to or destruction of tangible property and from claims insured by usual Commercial General Liability coverage including broad form contractual liability coverage for bodily injury and property damage liability. This includes loss of use resulting therefrom, any or all of which may arise out of the bidder's operations under the Contract Documents, whether such operations be by the bidder, or Page 6 of 10 Golden Strand Pking Lot Fence Bid