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Last modified
2/24/2016 9:46:40 AM
Creation date
10/1/2015 2:25:20 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/07/2010
Control Number
2010-210
Agenda Item Number
12.I.1
Entity Name
ACTS,Inc.
Subject
Developer's Agreement Phase 3 Indian River Estates
Roadway improvements
Area
North side of SR 60. south of 26th St.
Supplemental fields
SmeadsoftID
9774
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$ 1 , 000 , 000 . 00 combined single limit per accident for bodily injury and propertydamage for owned and <br /> non-owned vehicles . County shall be an additional insured . <br /> (iii ) Professional Liability Insurance providing coverage for intentional , <br /> reckless or negligent acts , errors , or omissions committee or alleged to have been cormnitted by <br /> Developer' s Engineer with a limit of $ 500 , 000 . 00 per claim/annual aggregate . <br /> B . There shall be no more than $ 5 , 000 . 00 deductible per claim amount unless <br /> approved by the County Risk Manager. Any deductibles or self-insured retentions greater than <br /> $ 5 , 000 . 00 must be approved by the Risk Manager for Indian River County with the ultimate <br /> responsibility for same going to the Developer . <br /> C . Developer' s insurance coverage shall be primary. <br /> D . All above insurance policies shall be placed with insurers with a Best' s rating of <br /> no less than AV . The insurer chosen shall also be licensed to do business in Florida. <br /> E . The insurance policies procured shall be per occurrence policies or as generally <br /> available on the open insurance market. <br /> F . The insurance carriers shall supply Certificates of Insurance evidencing such <br /> coverage to the Indian River County Risk Management Department prior to the commencement of any <br /> work in a County right-of-way. <br /> G . The insurance companies selected shall send written verification to the Indian <br /> River County Risk Management Department that they will provide thirty ( 30) days written notice to <br /> the Indian River County Department of Risk Management of its intent to cancel or tenninate said <br /> policies of insurance . <br /> H . A written safety inspection plan must be submitted to the Indian River County <br /> Risk Management Department for approval prior to the commencement of any work in a County right- <br /> of-way. <br /> I . Developer shall include in all subcontracts for subcontractors the above <br /> insurance requirement or show them as insured under its policies or shall furnish separate certificates <br /> and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of <br /> the requirements stated herein . <br /> J . Developer hereby agrees to indemnify Indian River County and representatives <br /> thereof from all claims arising solely from intentional , reckless or negligent acts, errors or omissions of <br /> the Developer or Developers ' representatives in the performance of services under this Agreement and <br /> for which Developer is legally liable . <br /> 9 . Miscellaneous : <br /> 4 <br /> J :\Bruce\cllenls\ACTS\Developer's Agreement - I . R.C. clean 6 . 15.09.doc <br />
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