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TERMS OF CONTRACT <br />EFFECTIVE DATE <br />The Contract will be effective upon the execution of the contract and performance of such contract shall <br />become effective sixty (60) days after award of Bid. The effective date may be modified by mutual <br />agreement of the City and Contractor. <br />NON - DISCRIMINATION <br />The Contractor shall not discriminate against any person because of race, sex, age, creed, color, religion <br />or national origin. <br />INDEMNITY <br />The Contractor will indemnify, save harmless and exempt the City, its officers, agents, servants and <br />employees from and against any and all suits, actions, legal proceedings, claims, demands, damages, <br />costs, expense and attorney fees incident to any work done in the performance of this Contract arising <br />out of a willful or negligent act or omission of the Contractor, its officers, agents, servants and <br />employees. <br />INSURANCE <br />For the purpose of the Contract, the Contractor shall carry the following types of insurance in at least <br />the limits specified below: <br />COVERAGES LIMITS OF LIABILITY <br />Workers' Compensation Statutory <br />Bodily Injury Liability <br />Except Vehicular <br />Property Damage Liability <br />Except Vehicular <br />Vehicular Bodily Injury <br />Liability <br />Vehicular Property <br />Liability <br />Excess Umbrella Liability <br />$1,000,000 each occurrence <br />$1,000,000 each aggregate <br />$500,000 each occurrence <br />$500,000 each aggregate <br />$1,000,000 each person <br />$1,000,000 each occurrence <br />$500,000 each occurrence <br />$5,000,000 each occurrence <br />BOND /AFFIDAVIT <br />Performance Bond <br />The Contractor will be required to furnish a corporate surety bond as security for the performance of <br />this Contract. Said surety bond must be in the amount of 100% of the Contract amount and may <br />provide a pro -rate reduction therein annually over the term of the Contract. <br />NOWWTP 2014 BUILDING 2 ROOF BID SPECIFICATIONS <br />