Reso 2011-1727 - Laserfiche WebLink

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Documents. During the performance of the Work and for a period of three (3) years after Final Payment, City and City's accountants shall be afforded access from time to time, upon reasonable notice, to Contractor's records, books, correspondence, receipts, subcontracts, purchase orders, vouchers, memoranda and other data relating to changes in the Work performed on a cost basis in accordance with the Contract Documents, all of which Contractor shall preserve for a period of three (3) years after Final Payment. Article 8: Termination 8.1 Upon ten (10) days written notice to Contractor, City may, with or without cause, elect to terminate this Agreement in accordance with the procedures set forth in Paragraph 1.62 of the General Terms and Conditions included in RFP No. 11- 05 -01. In such an event, Contractor's damages shall be strictly limited to the reasonable value of Work satisfactorily performed and accepted by City as of the effective date of termination. Under no circumstances shall Contractor be entitled to the remaining balance of the Contract Price following termination by City, nor shall Contractor be entitled to any incidental or consequential damages from City as a result of said termination. Article 9: Insurance 9.1 Contractor shall, at its sole cost and expense, during the period of any Work being performed under this Agreement, procure and maintain the following minimum insurance coverage to protect City and Contractor against all loss, claims, damage and liabilities caused by Contractor, its agents, sub - Contractors or employees, as indicated below: 9.2 Comprehensive General Liability with minimum limits of Two Million Dollars ($2,000,000.00) per occurrence combined single limit for Bodily Injury Liability and Property Damage Liability. Coverage must be afforded on a form no more restrictive than the latest edition of the Comprehensive General Liability policy, without restrictive endorsements, as filed by the Insurance Services Office, and must include: • Premises and Operation • Independent Vendors • Products and/or Completed Operations Hazard • Broad Form Property Damages • Broad Form Contractual Coverage applicable to this specific Contract, including any hold harmless and/or indemnification agreement. • Personal Injury Coverage with Employee and Contractual Exclusions removed, with minimum limits of coverage equal to those required for Bodily Injury Liability and Property Damage Liability. 9.3 Business Automobile Liability with minimum limits of One Million Dollars (1,000,000.00) per occurrence combined single limit for Bodily Injury Liability and Property Damage Liability. Coverage must be afforded on a form no more restrictive CIO] 1-055 NAMIN CONSTRUCTION CO. INC. Page 5 of 15 e,