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<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 AND PAYMENT BOND <br /> <br />The City of Sunny Isles Beach shall require the successful Bidder to furnish a Performance Bond <br />and Payment Bond, each, in the amount of 100% of the total Bid Price, with the City of Sunny Isles <br />Beach as the Obligee, as security for the faithful performance of the Contract and for the payment <br />of all persons performing labor or furnishing materials in connection herewith within ten (10) <br />calendar days after notification of the award by the City. Each Bond shall continue in effect through <br />the contract term(s). The bonds shall be with a surety company authorized to do business in the <br />State of Florida and having been in business with a record of successful continuous operation for <br />at least five (5) years. <br /> <br />2.8 BID BOND <br /> <br />The City of Sunny Isles Beach shall require that every Proposer furnish a Bid Bond in the amount <br />of 5% of the total Proposal Price. <br /> <br />2.9 DELIVERY <br /> <br />Intentionally Omitted <br /> <br />2.10 INSURANCE <br /> <br />2.10.1 Comprehensive General Liability Insurance <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; <br />• Independent Contractors; <br />City of Sunny Isles Beach |Sealed Bid No. 14-06-01 – REVISED 11 <br />