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2005-408
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2005-408
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Last modified
8/17/2016 11:32:32 AM
Creation date
9/30/2015 9:29:12 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/13/2005
Control Number
2005-408
Agenda Item Number
11.I.2
Entity Name
Divosta Homes, L.P.
Subject
Developers Agreement Waterway Village
Area
North of 49th St. east of 58th Ave. Waterway Village
Supplemental fields
SmeadsoftID
5316
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which may arise from or in connection with the performance of the work hereunder by the <br /> Developer, his agents , representatives, employees or sub -contractors . <br /> Be Minimum Scope of Insurance <br /> ( 1 ) Worker 's Compensation as required by the State of Florida . Employers <br /> Liability of $ 100,000 each accident, $500,000 disease policy limit , and $ 100 ,000 disease <br /> each employee . <br /> (2) General Liability $ 1 ,000,000 combined single limit per accident for bodily <br /> injury and property damage . County shall be an additional insured . Auto Liability <br /> $ 1 ,000 ,000 combined single limit per accident for bodily injury and property damage for <br /> owned and non-owned vehicles . County shall be an additional insured . <br /> (3 ) Professional Liability Insurance providing coverage for intentional , reckless <br /> or negligent acts , errors, or omissions committed or alleged to have been committed by <br /> Developer ' s Engineer with a limit of $ 500 , 000 per claim/annual aggregate . <br /> There shall be no more than $5 ,000 deductible per claim amount unless approved by the County <br /> Risk Manager. Any deductibles or self-insured retentions greater than $5 ,000 must be approved <br /> by the Risk Manager for Indian River County with the ultimate responsibility for same going to the <br /> Developer . <br /> C . Developer 's insurance coverage shall be primary . <br /> D . All above insurance policies shall be placed with insurers with a Best 's rating of no <br /> less than AV . The insurer chosen shall also be licensed to do business in Florida . <br /> E. The insurance policies procured shall be per occurrence policies or as generally <br /> available on the open insurance market. <br /> F. The Insurance Carriers shall supply Certificates of Insurance evidencing such <br /> coverage to the Indian River County Risk Management Department prior to the commencement of <br /> any work in a County right-of-way . <br /> G . The insurance companies selected shall send written verification to the Indian River <br /> County Risk Management Department that they will provide thirty (30) days written notice to the <br /> Indian River County Department of Risk Management of its intent to cancel or terminate said <br /> policies of insurance . <br /> H . A written safety inspection plan must be submitted to the Indian River County Risk <br /> Management Department for approval prior to the commencement of any work in a County right- <br /> of-way . <br /> Page 5 of 8 <br />
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