Laserfiche WebLink
5 .4 . 1 . The Recipient further acknowledges that, promptly upon receipt of a <br /> qualified opinion from its independent auditor, such qualified <br /> opinion shall immediately be provided to the Indian River County <br /> Office of Management and Budget. The qualified opinion shall <br /> thereupon be reported to the Board of Commissioners and funding <br /> under this Contract will cease immediately. The foregoing <br /> termination right is in addition to any other right of the County to <br /> terminate the Contract. <br /> 5 .4.2. The Indian River County Office of Management and Budget <br /> reserves the right at any time to send a letter to the Recipient <br /> requesting clarification if there are any questions regarding a part of <br /> the financial statements, audit comments, or notes. <br /> 5 . 5 . Insurance Requirements. Recipient shall , no later than October 21 , 2009 <br /> provide to Indian River County Risk Management Division a certificate , or <br /> certificates , issued by an insurer, or insurers, authorized to conduct <br /> business in Florida that is rated not-less-than Category A-:VII by A . M . <br /> Best, subject to approval by Indian River County's Risk Manager, of the <br /> following types and amounts of insurance: <br /> (i) Commercial General Liability Insurance in an <br /> amount not less than $ 1 , 000, 000 combined single <br /> limit for bodily injury and property damage , <br /> including coverage for premises/operations , <br /> product/completed operations, contractual liability , <br /> and independent contractors; <br /> (ii) Business Auto Liability Insurance in an amount not <br /> less than $ 1 , 000, 000 per occurrence combined <br /> single limit for bodily injury and property damage , <br /> including coverage for owned autos and other <br /> vehicles , hired autos and other vehicles , non- <br /> owned autos and other vehicles ; and <br /> (iii) Worker's Compensation and Employer' s Liability <br /> (current Florida statutory limit. ) . <br />