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of execution thereof or until completion of all project phases as specified by the Public Works Director, whichever occurs first, or unless otherwise terminated pursuant to Section XII of this contract. SECTION XVIII - INSURANCE AND INDEMNIFICATION During the -terformance of the work covered by this Agreement, the DESIGNBUILDER shall provide the COUNTY with evidence that the DESIGNBUILDER has obtained and maintains the insurance listed in the Agreement. 1. DESIGNBUILDER shall procure and maintain for the duration of the, contract, insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the work hereunder by the DESIGNIBUILDER, his agents, representatives, employees or sub -contractors. The cost of such insurance shall be included in the DESIGNIBUILDER's Basic Compensation. Architects and Engineers under subcontract with the DESIGN/BUILDER shall have their own Professional Liability Insurance. 2. Minimuni Scope of Insurance a. Worker's Compensation as required by the State of Florida. Employers Liability of $100,000 each accident, $500,000 disease policy limit, and $ 100,000 disease each employee. b. General Liability $1,000,000 combined single limit per accident for bodily injury and property damage. COUNTY shall be an additional insured. Auto Liability $1,000,000 combined single limit per accident fur bodily injury and property damage for owned and non -owned vehicles. COUNTY shall be an additional insured. C. Auto Liability $1,000,000 combined single limit per accident for bodily injury and property damage for owned and non -owned vehicles. COUNTY shall be an additional insured. d. Professional Liability Insurance providing coverage for negligent acts, errors, or omissions committed or alleged to have been committed by DESIGNIBUILDER with a limit of $500,000 per claim/annual aggregate. T here sixall be no inom than 5i 0,000 deductible per claim amount unless the DESIGN/BUILDER provides a Certified Copy of a financial report which has been approved by the County Risk Manager. This insurance shall extend coverage to loss of interest, earning„ profit, use and business interruption, cost of replacement power, and other special, indirect and consequential damages. 3. Any deductibles or self insured retentions greater than $10,000 must be approved by the Risk Manager for Indian River County with the ultimate responsibility for same going to the DESIGNBUILDER. 4. DESIGNIBUILDER'S insurance coverage shall be primary. a, Ali auuve insurance policies shaii be placed with insurers with a Best's rating of no less that A + VII. The insurer chosen shall also be licensed to do business in Florida. G. The insurance policies piocmed shall be "Claims Made" policies or as general%- available on the open insurance market. 7. The Insurance Carriers shall supply Certificates of Insurance evidencing such coverage to the Indian River County Risk Management Department prior to the execution of this Contract. 10