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8/4/03wcg(PWD)jwd <br /> and maintains the following insurance below listed : <br /> A. DEVELOPER' s Contractor shall procure and maintain for the duration of all <br /> construction contracts, insurance against claims for injuries to persons or <br /> damages to property, which may arise from or in connection with the <br /> performance of the work hereunder by the DEVELOPER, his agents , <br /> representatives, employees or sub-contractors . <br /> B . Minimum Scope of Insurance <br /> 1 . DEVELOPER and all Contractors and Subcontractors must provide proof of <br /> Worker's Compensation Insurance Coverage as required by the State of <br /> Florida. This policy must include Employers Liability with a limit of <br /> $ 100 ,000 for each accident, $ 500,000 disease (policy limit) , and $ 100 ,000 <br /> disease (each employee) . <br /> 2 . General Liability coverage shall provide minimum limits of liability of <br /> $ 1 ,000 ,000 per occurrence combined single limit for Bodily Injury and <br /> Property Damage . The policy shall include coverage for <br /> Premises/Operations , Products/Completed Operations, Contractual Liability, <br /> Independent Contractors . The COUNTY shall be named as an additional <br /> insured on this policy. <br /> 3 . Auto Liability coverage shall provide minimum limits of liability of <br /> $ 1 ,000 , 000 per occurrence Combined Single Limit for Bodily Injury and <br /> Property Damage for owned, hired and non-owned vehicles . The COUNTY <br /> shall be named as an additional insured on this policy. <br /> 4 . Professional Liability Insurance shall provide coverage for intentional , <br /> reckless or negligent acts , errors, or omissions committed or alleged to have <br /> been committed by DEVELOPER' s Engineer with a limit of $ 500 , 000 per <br /> claim/annual aggregate . This insurance shall extend coverage to loss of <br /> interest, earning, profit, use and business interruption, cost of replacement <br /> power, and other special, indirect and consequential damages . <br /> C . 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 <br /> same going to the DEVELOPER. <br /> D . DEVELOPER' S insurance coverage shall be primary coverage . <br /> E. All above insurance policies shall be placed with insurers with a Best' s rating of <br /> no less that A + VII . The insurer chosen shall also be licensed to do business in <br /> Florida. <br /> F . The insurance policies procured shall be per occurrence policies or as generally <br /> available on the open insurance market. <br /> CADocuments and Settings\Ryan Davis\Local SettingATemporary intemet FileAOLKODiamond Lake SD-Dev Agrl .doc <br />