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2016-030
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2016-030
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Last modified
3/3/2016 11:50:41 AM
Creation date
3/3/2016 11:50:38 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/01/2016
Control Number
2016-030
Agenda Item Number
8.P.
Entity Name
City of Fellsmere
Subject
Term Sheet
Dark Fiber License Agreement
Fiber Optic cable
Area
Fellsmere City Hall Building and Welcome Center
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D. Products and Completed Operations — LICENSEE shall <br /> maintain in force until at least three (3) years after completion of <br /> all services required under the contract, coverage for products <br /> and completed operations, including Broad Form Property <br /> Damage. <br /> E. Broad Form Contractual Coverage applicable to this specific <br /> contract, including any hold harmless and/or indemnification <br /> agreement. <br /> F. Notice of Cancellation and/or Restriction — The policy must <br /> be endorsed to provide IRC with thirty (30) Days' notice of <br /> cancellation and/or restriction. <br /> 18.2.3 Business Auto Policy— Coverage must be afforded on a form no <br /> more restrictive than the latest edition of',Business Auto Policy filed by the <br /> Insurance Services Office and must include: <br /> A. Minimum Limits of $300,000 per occurrence combined <br /> single limit for Bodily Injury Liability and Property Damage <br /> Liability. <br /> B. Owned Vehicles. <br /> C. Hired and Non-Owned Vehicles. <br /> D. Notice of Cancellation and/or Restriction — The policy must <br /> be endorsed to provide IRC with thirty (30) Days' notice of <br /> cancellation and/or restriction. <br /> 18.3 IRC Shall Be Named As Additional Insured. Such insurance shall name IRC, its <br /> commissioners, directors, employees, agents, and Contractors as additional named <br /> insureds as respects any liability arising out of LICENSEE's performance of work under <br /> this Agreement pursuant to ISO Form No. GC2010. Coverage shall be provided in <br /> accordance with the limits specified and the conditions indicated therein. Claims-made <br /> policies are not acceptable. When an umbrella or excess coverage is in effect, coverage <br /> shall be provided in "following form." Such insurance shall not be cangeled or materially <br /> altered to reduce coverage until IRC has received at least thirty (30) Days' prior written <br /> notice of such cancellation or change. LICENSEE shall be responsible for notifying IRC <br /> of such change or cancellation. <br /> 18.4 LICENSEE's Insurance Carrier Shall Be Authorized To Conduct Business In <br /> Florida. Any insurance carrier of LICENSEE shall be admitted and authorized to transact <br /> insurance business in the State of Florida and shall be rated at least A- VII in Best's Key <br /> Rating Guide, or shall be specifically approved by IRC through IRC's risk manager. <br /> 24 <br />
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