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specified in this section to maintain coverage during the life of this Agreement. All <br />deductibles must be declared by the Contractor and must be approved by the <br />City. At the option of the City, either the Contractor shall eliminate or reduce such <br />deductible or the Contractor shall procure a Bond, in a form satisfactory tv the City, <br />covering the same. <br />11.2 Contractor shall maintain coverage with equal or better rating as required herein for the <br />term of this Agreement. Contractor shall provide written notice to the City of any material change, <br />cancellation and/or notice of non -renewal of the insurance at least 30 (thirty) days prior to the <br />anticipated change or event. Contractor shall furnish a copy of the insurance policy or policies <br />upon request of the City. <br />11.3 Contractor shall furnish copies of insurance policies pertaining to this Agreement to the <br />City within ten (10) days of written request. If the initial insurance expires prior to the completion <br />of the Work, renewal copies of policies shall be furnished at least thirty (30) days prior to the date <br />of their expiration. <br />11.4 The City reserves the right to require modifications, increases, or changes in the Insurance <br />Requirements, and shall provide a thirty (30) day written notice thereof to the Contractor. <br />ARTICLE 12. PERFORMANCE AND PAYMENT BOND <br />Contractor is required to furnish a Performance and Payment Bond in the amount of 100% of the <br />total Contract Amount, with the City of Sunny Isles Beach and Miami -Dade County named as <br />Obligees, as security for the faithful performance of the Contract and for the payment of all persons <br />performing labor or furnishing of materials with connection herewith. The Performance and <br />Payment Bond shall continue in effect throughout the contract term. The bonds shall be with a <br />surety company authorized to do business in the State of Florida and having been in business with <br />a record of successful and continuous operation for at least five (5) years. <br />ARTICLE 13. INDEPENDENT CONTRACTOR <br />13.1 Contractor is an independent contractor under this Agreement. Services provided by <br />Contractor or on Contractor's behalf pursuant to this Agreement shall be subject to the <br />supervision of Contractor. In providing such services, neither Contractor nor its agents shall act <br />as officers, employees, or agents of the City or Miami -Dade County. Contractor further <br />understands that Florida Workers' Compensation benefits available to employees of the City or <br />Miami -Dade County are not available to Contractor, and agrees to provide workers' compensation <br />insurance for any employee, or entity working for the Contractor rendering services to the City <br />under this Agreement. This Agreement shall not constitute or make the parties a partnership or <br />joint venture. <br />12.2 It is understood and agreed that the relationship of Contractor to the City shall be that of an <br />independent contractor. Nothing contained herein shall be deemed or construed to (a) make <br />Contractor the agent, servant or employee of the City or Miami -Dade County, or (b) create any <br />partnership, joint venture or other association between Contractor and the City or Miami -Dade <br />County. Contractor shall not have the right to bind the City or Miami -Dade County to any <br />030.6178 - AMERICAN RAMP COMPANY 14 <br />