R2001-25 AUTHORIZING AGREEMENT - Laserfiche WebLink

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rated in the Best's Key Rating Guide, with a rating not lower than A- and a financial size category of not less than VI. B. Consultant shall cause to be listed as additional named insured parties on any general liability or property insurance policies carried by the Consultant which are applicable to this contrad, and � shall require all subcontractors to also list such parties as additional named insured: 1. The City of Decatur, Illinois, its officers, directors, agents, and employees. 2. The Decatur, IL Metropolitan Exposition,Auditorium, and Office Building Authority, its officers, directors, agents, and employees. 3. The Decatur and Macon County Public Building Commission, its officers, directors, agents, and employees. C. The minimum limits of required liability coverage are as follows: 1. Workers' Compensation Statutory 2. Employer's Liability: a. Each Accident: $500,000 b. Disease, Policy Limit: $500,000 c. Disease, Each Employee:. $500,000 3. General Liability a. Each Occurrence(Bodily Injury&Property Damage): $1,000,000 b. General Aggregate: $2,000,000 4. Excess or Umbrella Liability a. Each Occurrence(Bodily Injury&Property Damage): $1,000,000 b. General Aggregate: $1,000,000 5. Automobile Liability, Combined Single Limit(Bodily Injury& Property Damage) Each Accident: $1,000,000 6. Installation Floater: Value of Materials to be Installed VII. CHANGE ORDERS AND EXTRA WORK A. The City will reserve the right to change details within the general Scope of Work of the contract or the schedule if it is to the advantage of the City. No alteration or variation of the terms of this contract shall be valid unless made in writing and signed by the parties hereto, and no oral understanding or agreement not incorporated herein, shall be binding on any of the parties Page 8 of 12 Pages