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Coverage shall include contractual liability, products and completed operations, <br />independent contractors, broad form general liability extensions, and per contract <br />aggregate. <br />2. Automobile Liability — Combined Single Limit $1,000,000 <br />3. Worker's Compensation Statutory — as required by the State of Florida <br />E ach Accident $100,000 <br />E ach Disease — Each Employee$100,000 <br />E ach Disease — Policy Limit $500,000 <br />4. Professional Liability insurance on an occurrence or claims made basis <br />with limits of liability not less than $1,000,000 per occurrence and <br />$2,000 000 aggregate combined single limit. This policy shall cover <br />Consultant, all employees, and/or volunteers and all independent <br />contractors, subcontractors and professional contractual persons hired or <br />retained by Consultant. <br />5. There shall be no more than $5,000 deductible per claim amount unless <br />approved by the County Risk Manager. Any deductibles or self-insured <br />retentions greater than $5,000 must be approved by the Risk Manager for <br />Indian River County with the ultimate responsibility for same going to the <br />Consultant. <br />6. Consultant insurance coverage shall be primary. <br />7 All above insurance policies shall be placed with insurers with a Best's <br />rating of no less than AV. The insurer chosen shall also be licensed to do <br />business in Florida. <br />8. The insurance companies selected shall send written verification to the <br />Indian River County Risk Management Department that they will provide <br />30 days written notice to the Indian River County Department of Risk <br />Management of its intent to cancel or terminate said policies of insurance. <br />Further, Consultant will sign a confidentiality agreement and a hold <br />harmless agreement in connection with this Contract. <br />16. Payments. Indian River County will make payments to Consultant not to exceed <br />$80,000 as stated in the request for proposal dated May 13, 2014 and as <br />outlined in the Scope of Services (Attachment A). Consultant will not exceed this <br />amount without prior written authorization from Indian River County. <br />17. Contractor acknowledges that the County is a governmental entity, and the <br />contract validity is based upon the availability of public funding under its <br />authority. In the event that public funds are unavailable and not appropriated for <br />5 <br />