2006-416-2of2 - Laserfiche WebLink

Home Browse Search

A. Commercial General Liability Coverage shall include contractual liability, products and completed operations, independent contractors, broad form general liability extensions, and per contract aggregate: Each Occurrence: $3,000,000 Fire Damage (Any one fire) $50,000 Medical Expenses (Any one person) $5,000 Personal & Adv Injury $1,000,000 General Aggregate $2,000,000 B . Automobile Liability — Combined Single Limit $3 ,000,000. C. Worker' s Compensation Statutory — as required by the State of Florida Each Accident $100,000 Each Disease — Each Employee $ 100,000 Each Disease — Policy Limit $500,000 D . Professional Liability insurance on occurrence or claims made basis with limits of liability not less than $ 1 ,000,000 per occurrence and $2,000,000 aggregate combined single limit. This policy shall cover DEVELOPER, all employees, and/or volunteers and all independent contractors, subcontractors and professional contractual persons hired or retained by DEVELOPER. E. There shall be no more than $5 ,000 deducible per claim amount unless approved by the County Risk Manager. Any deductibles or self-insured retentions greater than $5 ,000 must be approved by the Risk Manager for Indian River County with the ultimate responsibility for same going to the DEVELOPER. F. DEVELOPER insurance coverage shall be primary. G. All above insurance policies shall be placed with insurers with a Best' s rating of no less than A + (VII). The insurer chosen shall also be licensed to do business in Florida. H . 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. 11 . Indemnity: DEVELOPER agrees to and does hereby indemnify and save COUNTY harmless against any and all claims, demands, damages, costs and expenses, including reasonable attorneys fees for the defense thereof, arising from any breach or default on the part of DEVELOPER in the performance of any covenant or agreement on the part of DEVELOPER to be performed under this Agreement, or from any intentional or grossly negligent acts or omissions of DEVELOPER, its agents, contractors, or employees arising from activities hereunder. In the event any action or proceeding is brought against COUNTY by reason of any such claims, DEVELOPER covenants to defend such action or proceeding by counsel reasonably satisfactory to COUNTY. 12. Litigation : In the event any legal proceedings are required to enforce the terms of this Agreement, the prevailing party shall be entitled to reasonable attorney fees at both trial 8