R2016-57 AUTHORIZING CONTRACT - Midwest Fiber Inc.

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acceptable to the City and authorized to transact business under the laws of the State of Illinois. The coverages shall be in place whenever Contractor performs any work pursuant to this Contract. The insurance companies providing coverage shall be rated in the Best's Key Rating Guide. City will not accept companies with a rating lower than A-. Companies rated A- or better shall have a financial size category of not less than VI. Coverage limits shall be written at not less than the minimum specified in this Contract. Workers compensation: insurance shall be provided according to the provisions of the Illinois Worker's Compensation Act, as amended. Employers Liability Each accident $500,000 Disease—policy limit $500,000 Disease—Each Employee $500,000 Commercial General Liability: General Aggregate Limit $2,000,000 Products-Completed Operations Aggregate Limit $2,000,000 Each Occurrence Limit $1,000,000 Insurance shall be written in the occurrence form and shall provide coverage for operations of the Contractor, and operations of any subcontractors. The coverage shall provide by endorsement that the City, its officers, and employees shall be named as additional insured with respect to the policies and any excess liability coverage for occurrences arising in whole or in part out of the wark and operations performed. City may accept a separate owner's protective liability policy in lieu of additional insured status on Contractor's liability policies. Commercial Automobile Liability: Bodily Injury& Property Damage Limit Each Occurrence $1,000,000 Umbrella(Excess)Liability: Any policy shall provide excess limits over and above the other insurance limits stated herein. Contractor may purchase insurance for the full limits required, or a combination of primary policies for lesser limits and remaining limits provided by the umbrella policy. Contractor shall file with city, certified copies of the original policies or certificates of insurance setting forth the coverage, limits, and endorsements. A certificate of insurance shall include a statement "the coverage and limits conform to the minimums required by the City of Decatur for the "CITY OF DECAUTR SINGLE STREAM RECYLING PROGRAM" indicating the city's additional insured status. In no event shall any failure of City to receive certificates or to demand receipt be construed as a waiver of the Contractor's obligation to obtain and keep in force the required insurance. All costs for said insurance shall be considered incidental to this Contract. Coverage in the minimum amounts set forth herein shall not be construed to relieve Contractor from its obligation to indemnify the City in excess of the coverage according to the Contract. NOTICE: Notice under this Contract shall be in writing delivered or sent via regular first class United States mail, and directed to: 12