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HomeMy WebLinkAboutExhibit D"EXHIBIT D" INSURANCE REQUIREMENTS FOR PROFESSIONAL SERVICES AGREEMENT FOR ENVIRONMENTAL ASSESSMENT AND CLEANUP SERVICES EXHIBIT D INSURANCE REQUIREMENTS -PROFESSIONAL SERVICES AGREEMENT -ENVIRONMENTAL ASSESSMENT AND CLEAN UP SERVICES I. Commercial General Liability (Primary & Non Contributory) A. Limits of Liability Bodily Injury and Property Damage Liability Each Occurrence $1,000,000 General Aggregate Limit Personal and Adv. Injury Products/Completed Operations B. Endorsements Required $ 2,000,000 $ 1,000,000 $ 1,000,000 City of Miami included as an Additional Insured Contingent Liability Contractual Liability Explosion, Collapse and Underground Hazard II. Business Automobile Liability A. Limits of Liability Bodily Injury and Property. Damage Liability Combined Single Limit Any Auto, Owned or Scheduled Autos Including Hired, Borrowed or Non -Owned Autos Any One Accident $ 1,000,000 B. Endorsements Required City of Miami included as an Additional Insured III. Worker's Compensation Limits of Liability Statutory -State of Florida Waiver of Subrogation Employer's Liability A. Limits of Liability $500,000 for bodily injury caused by an accident, each accident $500,000 for bodily injury caused by disease, each employee $500,000 for bodily injury caused by disease, policy limit IV. Professional/Pollution Liability Combined Single Limit Each Claim General Aggregate Limit $ 3,000,000 $ 3,000,000 City of Miami as an additional insured with respect to pollution liability V. Umbrella Liability (Excess Follow Form) A. Limits of Liability Each Pollution Incident $2,000,000 Aggregate Loss Limit $2,000,000 City of Miami included as an additional insured The above policies shall provide the City of Miami with written notice of cancellation or material change from the insurer not less than (30) days prior to any such cancellation or material change, or in accordance to policy provions.. Companies authorized to do business in the State of Florida, with the following qualifications, shall issue all insurance policies required above: The company must be rated no less than "A-" as to management, and no less than "Class V" as to Financial Strength, by the latest edition of Best's Insurance Guide, published by A.M. Best Company, Oldwick, New Jersey, or its equivalent. All policies and /or certificates of insurance are subject to review and verification by Risk Management prior to insurance approval.