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(3 ) Professional Liability Insurance providing coverage for <br /> intentional , reckless or negligent acts , errors , or omission committed or <br /> alleged to have been committed by the Developer ' s Engineer with a limit <br /> of $ 500 , 000 per claim/annual aggregate . <br /> There shall be no more than $ 5 , 000 deductible per claim amount unless approved <br /> by the County Risk Manager. Any deductibles or self-insured retentions greater <br /> than $ 5 , 000 must be approved by the Risk Manager for Indian River County with <br /> the ultimate responsibility for same going to the Developer. <br /> C . The Developer' s insurance coverage shall be primary. <br /> D . All above insurance policies shall be placed with insurers with a <br /> Best ' s rating of no less than AV . The insurer chosen shall also be licensed to do <br /> business in Florida. <br /> E . The insurance policies procured shall be per occurrence policies or <br /> as generally available on the open insurance market . <br /> F . The Insurance Carriers shall supply Certificates of Insurance <br /> evidencing such coverage to the Indian River County Risk Management <br /> Department prior to the commencement of any work in a County right-of-way. <br /> G . The insurance companies selected shall send written verification to <br /> the Indian River County Risk Management Department that they will provide <br /> thirty ( 30) days written notice to the Indian River County Risk Management of its <br /> intent to cancel or terminate said policies of insurance . <br /> H . A written safety inspection plan must be submitted to the Indian <br /> River County Risk Management Department for approval prior to the <br /> commencement of any work in a County right-of-way. <br /> 1 . The Developer shall include in all sub - contracts for sub - contractors <br /> the above insurance requirement or show them as insured under its policies or <br /> shall furnish separate certificates and endorsements for each sub - <br /> contractor. All coverages for sub- contractors shall be subject to all of the <br /> requirements stated herein . <br /> J . Up to $ 1 million, the Developer hereby agrees to indemnify Indian <br /> River County and Representatives thereof from all claims arising solely from <br /> intentional , reckless or negligent acts , errors or omissions of the Developer or the <br /> Developers ' Representatives in the performance of Services under this Amended <br /> Agreement and for which the Developer is legally liable . <br /> RM : 7031940 : 9 <br /> Page 9 of 14 <br />