1999-039 - Laserfiche WebLink

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There shall be no more than $10,000 deductible per claim amount unless the DESIGN/BUILDER provides a Certified Copy of a financial report which Lias 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 CoI!rtT, �uifh the Hlti; ;u�.. « -. - -•f _-N+1wfJVIW lot I Y tol BaIIIC going to the DESIGNBUILDER. 4. DESIGNBUILDER'S insurance coverage shall be primary. 5. All above insurance policies shall 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. 6. The insurance policies procured shall be "Claims Made" policies or as generally 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. 8. The insurance companies selected shall send written verification to the Indian River County Risk Management Department that they will provide 30 days written notice to the Indian River County Department of Risk Management of its intent to cancel or terminate said policies of insurance. 9. DESIGNBUILDER shall include all sub -contractors as insured under its policies or shall furnish separate certificates and endorsements for each subcontractor. All coverages for sub -contractors shall be subject to all of the requirements stated herein. 10. DESIGNBUILDER hereby agrees to indemnify Indian River County and Representatives thereof from all claims arising solely from negligent acts, errors or omissions of the DESIGN/BUILDER o, Re IfS T.T InT DER's D�,�JILunic � REPRESENTATIVES in the performance of Professional Services under this agreement and for which DESIGN/BUILDER is legally liable. SECTION XIX - ENTIRETY OF CONTRACT This writing embodies the entire Agreement and understanding between the parties hereto, and there are no other agreements and understandings, oral or written, with reference to the subject matter hereof that are not merged herein and superseded hereby. No alteration, change, or modification of the terms of this Agreem:nt shall be valid unless made in writing and signed by both parties hereto. This Agreement, regardless of where executed, shall be governed by and construed according to the laws of the State of Florida. IN WITNESS WHEREOF the parties hereto have executed these presents this day of '1999. 11