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and other project expenses that are not included within PROFESSIONAL's basic compensation as provided in the applicable WORK ORDER. C. TRUTH -IN -NEGOTIATION CERTIFICATION. In accordance with Florida Statutes Section 287.055(5Xa), for any lump -sum or cost -phis -a -fixed -fee professional service authorized by a WORK ORDER issued pursuant to this MASTER AGREEMENT in which the fee is over the threshold amount provided in Florida Statutes Section 287.017 for Category Four, as it may be amended, PROFESSIONAL hereby certifies that wage rates and other factual unit costs supporting the compensation are accurate, complete, and current at the time of said WORK ORDER. The original contract price set forth in said WORK ORDER and any additions thereto will be adjusted to exclude any significant sums by which CITY determines the contract price was increased due to inaccurate, incomplete, or non-current wage rates and other factual unit costs. All such adjustments shall be made within one (1) year following the end of the pertinent WORK ORDER. SECTION VII - INSURANCE AND INDEMNIFICATION (As revised 05/16/2013) A. GENERAL INSURANCE REQUIREMENTS Before starting and until acceptance of the work by CITY, PROFESSIONAL shall procure and maintain insurance of the types and to the minimum limits specified below. PROFESSIONAL shall require each of its subcontractors to procure and maintain, until completion of that subcontractor's work, insurance of the types and to the limits specified below. It shall be the responsibility of PROFESSIONAL to ensure that all its subcontractors comply with all of the insurance requirements contained herein relating to such subcontractors. CITY reserves the right to request proof of subcontractor's insurance from PROFESSIONAL. B. COVERAGE. Except as otherwise stated, the amounts and types of insurance shall conform to the following minimum requirements: 1. Workers' Compensation $500,000 each accident $500,000 bodily injury by disease each employee $500,000 bodily injury by disease policy limit Workers' Compensation insurance must meet mandatory statutory limits for employers with three or more employees. 2. Commercial General Liability - Coverage must be afforded on a form no more restrictive than the latest edition of the Commercial General Liability Policy filed by the Insurance Services Office and must include: $1,000,000 per occurrence/2,000,000 aggregate Products and Completed Operations - Contractors shall maintain in force until at least three years after completion of all services required under the contract, coverage for products and completed operations, including Broad Form Property Damage. Broad Form Contractual Coverage applicable to this specific contract, including any hold harmless G:\Pending Agreements\Vero Beach\Prof Services MasterAgmt PRMG 140-14-J0 11 3 14.doc Page 10 of 16 256