R2024-350 Resolution Authorizing Execution of a Professional Services Agreement for the City of Decatur Safe Streets and Roads for All Comprehensive Safety Action Plan

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acceptable to the City and authorized to transact business in the state of Illinois. The insurance companies will be rated by A.M. Best&Company with a rating not lower than A-and have a financial rating of VI. Coverage limits shall be written at not less than the minimum specified in this section. Higher minimum limits and additional coverages may be specified by a special condition elsewhere in the contract. Workers compensation insurance shall be provided according to the provisions of the Illinois Workers Compensation Act,as amended. Employers Liability a. Each Accident $500,000 b. Disease—policy limit $500,000 c. Disease—each employee $500,000 Commercial General Liability a.General Aggregate Limit $2,000,000 b. Products—Completed Operations $2,000,000 c. Each Occurrence Limit $1,000,000 Commercial Automobile Liability Bodily Injury&Property Damage, $1,000,000 Combined Single Limit The policy shall cover owned, non-owned, and hired vehicles. Upon request,the contractor shall file with the City certified copies of all insurance policies and all accompanying endorsements. The contractor shall supply certificates of insurance setting forth the coverage, limits, and endorsements before the City will execute the contract.The certificate of insurance shall include the City of Decatur, its officers and employees an additional insured. In no event shall any failure of the City of Decatur to receive certificates or to demand receipt be construed as a waiver of the contractor's obligation to obtain and keep in for the required insurance. It shall be an affirmative obligation upon the contractor to advise the City within two days of the cancellation or substantive change of any insurance policy set out above,and failure to do so shall be construed to be a breach of the contract. The contractor will hold the City harmless from all claims, suits, actions, damages or causes of action in any way arising during the term of the agreement, including reasonable attorney's fees for any personal injury, loss of life or damage to person or property sustained because of or because of the products or services supplied.Contractor's insurance will be primary. Upon full payment of all monies owed to the Contractor, all drawings,specifications, reports and any other project documents(Work Product) prepared by the Contractor in connection with any or all of the services to be furnished thereunder shall be delivered to the City for the express use of the City. The Contractor shall have the right to retain original documents but shall cause to be delivered to the City such quality of documents so as to assure total reproducibility of the documents delivered. All information, worksheets, reports, design calculations, plans and specifications shall be the sole property of the City upon full payment of all monies owed to the contractor unless otherwise specified 4