13 . Insurance and Indemnification :
<br /> The DEVELOPER shall ensure that, at least ten ( 10) days prior to the commencement of any work, the
<br /> selected contractor and any subcontractor provides to the COUNTY a certificate of commercial general
<br /> liability insurance with a reputable insurance company subject to approval by the COUNTY ' s risk
<br /> manager in an amount not less than $3 ,000 ,000 combined single limit for bodily injury and property
<br /> damage in accordance with the COUNTY ' s Administrative Policy Manual . The DEVELOPER shall
<br /> ensure that, at least ten ( 10) days prior to the commencement of any work the selected contractor and any
<br /> subcontractor provides to the COUNTY a certificate of business auto liability insurance with a reputable
<br /> insurance company subject to approval by the COUNTY ' s risk manager in an amount not less than
<br /> $ 3 ,000,000 per occurrence combined single limit for bodily injury and property damage in accordance
<br /> with the COUNTY ' s Administrative Policy Manual. The commercial general liability and auto liability
<br /> insurance policies shall name INDIAN RIVER COUNTY, a political subdivision of the State of Florida,
<br /> as an additional insured. In addition, the DEVELOPER shall ensure that, at least ten ( 10) days prior to the
<br /> commencement of any work the selected contractor and any subcontractor provides to the COUNTY a
<br /> certificate of worker ' s compensation insurance with a limit of $ 100,000 for each accident, $ 500, 000
<br /> disease (policy limit) and $ 100,000 disease (each employee) in accordance with the COUNTY ' s
<br /> Administrative Policy Manual. The DEVELOPER shall provide to the COUNTY at least thirty (30) days '
<br /> written notice by registered mail, return receipt requested, addressed to the COUNTY ' s risk manager, prior
<br /> to cancellation or modification of any required insurance .
<br /> The DEVELOPER hereby releases and holds harmless the COUNTY, and the COUNTY ' s officers,
<br /> employees and agents, from and against any and all claims for damages, costs, third party claims,
<br /> judgments, and expense to persons or property that may arise out of, or be occasioned by, any work
<br /> contemplated by this agreement, or from any act or omission of any representative, agent, client, and/or
<br /> employee of DEVELOPER, and DEVELOPER shall indemnify the COUNTY against any such claims
<br /> and any judgments that may be entered in connection therewith, including attorney fees . DEVELOPER
<br /> shall indemnify the COUNTY against any claim for damage that any utility, whether publicly or privately
<br /> owned, may sustain or receive in connection with any work contemplated by this agreement.
<br /> DEVELOPER shall not make any claim of any kind or character whatsoever against the COUNTY for
<br /> damages that it may suffer by reason of the installation, construction, reconstruction, operation, and/or
<br /> maintenance of any public improvement, or utility, whether presently in place or which may in the future
<br /> be constructed or installed, including but not limited to, any water and/or sanitary sewer mains and/or
<br /> storm sewer facilities , and whether such damage is due to flooding, infiltration, backflow, and/or seepage
<br /> caused from the failure of any installation, natural causes, or from any other cause of whatsoever kind or
<br /> nature. It is the intention of this indemnification agreement on the part of DEVELOPER, and a condition
<br /> of this agreement, that it shall be full and total indemnity against any kind or character of claim whatsoever
<br /> that may be asserted against the COUNTY. DEVELOPER hereby agrees to defend any and all suits,
<br /> claims, and causes of action brought against the COUNTY arising out of or in connection with any work
<br /> contemplated by this agreement, and DEVELOPER agrees to pay any judgment or judgments , including
<br /> attorney fees, that may be rendered against the COUNTY or against the COUNTY ' s officers, employees or
<br /> agents in connection therewith.
<br /> 14. Maintenance Bond:
<br /> The DEVELOPER agrees to convey all right, title, and interest in the aforementioned utility improvements
<br /> to INDIAN RIVER COUNTY and provide a Maintenance Bond, subject to the COUNTY's approval,
<br /> issued by a reputable surety company authorized to do business in the State of Florida, for a period of one
<br /> year after the COUNTY's acceptance of the improvements. The value of the Maintenance Bond shall be
<br /> 25 percent of the total construction value of the utility improvements . At the COUNTY's sole discretion,
<br /> the COUNTY may accept a Letter of Credit, drawn on a reputable financial institution located within 200
<br /> miles of Vero Beach, Florida, in lieu of a surety bond .
<br /> F:\UTILITIES\UTILITY - ENGINEERING\PROJECTS - UTILITY CONSTRUCTION PERMITS\TARMAC AMERICA OFFSITE WATER
<br /> MAIN UCP #2480\DEVELOPERS AGREEMENT-REV I . DOCPage 4 of 7
<br />
|