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These amounts are payable as follows in each calendar year: October $40,000; November $40,000; December $40,000; January $40,000; February $20,000; and the remaining balance upon completion of the audit. 7.2. Proper Invoices, phased as set forth herein, shall be submitted to the County's Finance Department in detail sufficient for proper prepayment and post payment audit. All payments for services shall be made to the Auditor by the County in accordance with the Local Government Prompt Payment Act, Section 218.70, Florida Statutes, et seq., attached hereto and incorporated herein by this reference in its entirety. 8. INSURANCE. 8.1. The Auditor shall not commence to perform the Services under this Agreement until it has obtained all the insurance required under this Agreement, and such certificates of insurance have been approved by the County's Risk Manager. A certificate of insurance shall be provided to the County's Risk Manager for review and approval ten (10) days prior to commencement of any work under this Agreement. The insurance company must have a rating by A.M. Best Company of at least A: V. Such certificates of insurance or an endorsement provided by the Auditor must state that the County will be given thirty (30) days prior written notice prior to cancellation or material change in coverage. The County shall be named as an additional insured on all policies except workers' compensation. 8.2 Auditor shall procure and maintain, for the duration of this Agreement, the minimum insurance coverage as set forth herein. The cost of such insurance shall be included in the Auditor's fee: 8.2.1. Workers' compensation to meet statutory limits in the State of Florida and Employer's Liability with a limit of $100,000 for each accident, $500,000 disease (policy limit) and $100,000 disease (each employee). 8.2.2. Commercial General Liability with a minimum combined single limit of $1,000,000 per occurrence for bodily injury and property damage. This is to include premises/operations, products/completed operations, contractual liability and independent contractors coverage. 8.2.3. Business Auto Liability with a minimum combined single limit of $300,000 per occurrence for bodily injury and property damage. This is to include owned, hired, and non - owned autos. 8.2.4. Professional liability with a minimum limit of $1,000,000 per occurrence. 8.3. The County is to be an additional insured on the commercial general liability and business liability policies. The County will be given 30 days notice prior to cancellation or modification of any insurance. Such notification shall be in writing by registered mail, return receipt requested and addressed to the Risk Manager. It is the responsibility of the contractor to insure that all subcontractors comply with all insurance requirements. 8.4. The County, by and through its Risk Manager, reserves the right periodically to review any and all policies of insurance and reasonably to adjust the limits of coverage required 4