Reso 2013-2040 - Laserfiche WebLink

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10.4.4 CONTRACTOR shall maintain the Products/Completed Operations Liability Insurance for a period of at least three (3) years after final payment for the Work and furnish CITY with evidence of continuation of such insurance at final payment. 10.45 The required insurance coverage shall be issued by an insurance company authorized and licensed to do business in the State of Florida, with the following minimum rating of B+ to A +, in accordance with the latest edition of A.M. Best's Insurance Guide. 10.4.6 All required insurance policies shall preclude any underwriters rights of recovery or subrogation against CITY with the express intention of the parties being that the required insurance coverage protect both parties as the primary coverage for any and all losses covered by the above described insurance. 10.4.7 The CONTRACTOR shall ensure that any company issuing insurance to cover the requirements contained in this Contract agrees that they shall have no recourse against CITY for payment or assessments in any form on any policy of insurance. 10.4.8 The clauses "Other Insurance Provisions" and "Insurers Duties in the Event of an Occurrence, Claim or Suit" as it appears in any policy of insurance in which CITY is named as an additional named insured shall not apply to CITY. CITY shall provide written notice of occurrence within fifteen (15) wonting days of CITY 's actual notice of such an event. 10.4.9 The CONTRACTOR shall not commence performance of its obligations under this Agreement until after it has obtained all of the minimum insurance herein described and the same has been approved. 10.4.10 All required insurance policies shall preclude any underwriter's rights of recovery or subrogation against CITY with the express intention of the parties being that the required insurance coverages protect both parties as the primary coverages for any and all losses covered by the above described insurance. 10.4.11 The CONTRACTOR agrees to perform the work under the Contract as an independent CONTRACTOR, and not as a sub - contractor, agent or employee of CITY. 10.4.12 CONTRACTOR shall require each of its subcontractors of any tier to maintain the insurance required herein for each category, and CONTRACTOR shall provide verification thereof to CITY upon request of CITY. Notwithstanding the foregoing, the CONTRACTOR may provide insurance for subcontractors. 10.4.13 Violation of the terms of this Article and its subparts shall constitute a breach of the Contract and CITY, at its sole discretion, may cancel the Contract and all rights, title and interest of the CONTRACTOR shall thereupon cease and terminate. Notwithstanding the foregoing, the CONTRACTOR shall be given thirty (30) days to titre any breach. 22 SIB