Laserfiche WebLink
7 . 2 . 4 Professional Liability Insurance : providing coverage for negligent acts , <br /> errors , or omissions committed by Design/Builder with a limit of $ 1 , 000 , 000 per <br /> claim/annual aggregate . This insurance shall extend coverage to loss of interest , <br /> earning , profit , use , and business interruption , cost of replacement power, and other <br /> special , indirect , and consequential damages . <br /> 7 . 3 Design/Builder' s insurance coverage shall be primary . <br /> 7 . 4 All required insurance policies shall be placed with insurers licensed to do <br /> business in Florida and with a Best' s rating of A VII or better . <br /> 7 . 5 The insurance policies procured shall be occurrence forms , not claims <br /> made policies with the exception of professional liability . <br /> 7 . 6 A certificate of insurance shall be provided to the County' s Risk Manager <br /> for review and approval , ten ( 10 ) days prior to commencement of any work under this <br /> Agreement . The COUNTY shall be named as an additional insured on all policies <br /> except workers ' compensation and professional liability . <br /> 7 . 7 The insurance companies selected shall send written verification to the <br /> County Risk Manager that they will provide 30 days prior written notice to the County <br /> Risk Manager of its intent to cancel or modify any required policies of insurance . <br /> 7 . 8 Design/Builder shall include all subcontractors as insured under its <br /> policies or shall furnish separate certificates and endorsements for each subcontractor. <br /> All coverages for subcontractors shall be subject to all of the requirements stated <br /> herein . <br /> 7 . 9 The COUNTY , by and through its Risk Manager, reserves the right <br /> periodically to review any and all policies of insurance and reasonably to adjust the <br /> limits of coverage required hereunder , from time to time throughout the term of this <br /> Agreement . In such event , the COUNTY shall provide the Design/Builder with separate <br /> written notice of such adjusted limits and Design/Builder shall comply within thirty (30 ) <br /> days of receipt thereof. The failure by Design/Builder to provide such additional <br /> coverage shall constitute a default by Design/Builder and shall be grounds for <br /> termination of this Agreement by the COUNTY . <br /> 7 . 10 The Design/Builder shall indemnify and hold harmless the COUNTY , and <br /> its officers and employees , from liabilities , damages , losses , and costs , including , but <br /> not limited to , reasonable attorneys ' fees , to the extent caused by the negligence , <br /> recklessness , or intentionally wrongful conduct of the Design /Builder and other persons <br /> employed or utilized by the Design/Builder in the performance of this Agreement . To <br /> the extent allowed by law , the County shall indemnify and hold harmless the <br /> Design/Builder, and its officers and employees , from liabilities , damages , losses , and <br /> costs , including , but not limited to , reasonable attorneys ' fees , to the extent caused by <br /> F :\Aftomey\Bill\Agreements\Master Contract Barth Edlund .doc 9 <br />