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2005-185
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2005-185
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Last modified
7/20/2016 1:28:03 PM
Creation date
9/30/2015 8:48:35 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
05/24/2005
Control Number
2005-185
Agenda Item Number
11.I.5
Entity Name
Vero Enterprises, LLC
Subject
Developer's Agreement Echo Lake
Area
43rd Ave. north of 21st. SW
Project Number
PD-04-0303
Supplemental fields
SmeadsoftID
4964
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injury and property damage. County shall be an additional insured. Auto <br /> Liability $ 1 , 000, 000 combined single limit per accident for odily injury <br /> and property damage for owned and non-owned vehicles . County shall be <br /> an additional insured. <br /> iii . Professional Liability Insurance providing coverage for intentional, <br /> reckless or negligent acts, errors, or omissions committed or alleged to <br /> have been committed by DEVELOPER' S Engineer with a Iii nit of <br /> $ 500,000 per claim/almual aggregate. There shall be no more than $5 , 000 <br /> deductible per claim amount unless approved by the County Risk <br /> Manager. <br /> C . The Risk Manager for Indian River County must approve any deductibles or self. <br /> insured retentions greater than $ 5 , 000 with the ultimate responsibility fo same going <br /> to the DEVELOPER. <br /> D . DEVELOPER' S insurance coverage shall be primary. <br /> E . All above insurance policies shall be placed with insurers with a Best' s rating of no <br /> less and A + VII. The insurer chosen shall also be licensed to do business in Florida. <br /> F. The insurance policies procured shall be per occurrence policies or as generally <br /> available on the open insurance market. <br /> O . The Insimunce Carriers - shall supply Certificates of Insurance evidencing uch <br /> coverage to the Indian River County Risk Management Department prior to the <br /> execution of this Contract. <br /> H. The insurance companies selected shall send written verification to the It than River <br /> County Risk Management Department that they will provide 30 days wri ften notice to <br /> the Indian River County Department of Risk management of its intent to cancel or <br /> terminate said policies of insurance. <br /> I. A written safety inspection plan must be submitted to the Indian River County Risk <br /> management Department for approval prior to the signing of the contract <br /> J. DEVELOPER shall include in all subcontracts for subcontractors the above insurance <br /> requirement or show them as insured under its policies or shall furnish separate <br /> certificates and endorsements for each sub-contractor. All coverages for <br /> subcontractors shall be subject to all of the requirements stated herein. <br /> K. Up to $ 1 million, DEVELOPER hereby agrees to indemnify Indian Rivex County and <br /> 5 <br /> F:1Public Works\KimPlAgrecment DocslDevelopePs Agreements\Echo Lake-Dev Agr.doc <br />
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