AgdaPkt 2018-10-22 Joint SA PFA - Laserfiche WebLink

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6. 1. F. - Page 16 referenced endorsements sufficient to satisfaction of City's Risk Manager. In no event shall Contractor commence any work or provide any Services under this Agreement until certificates of insurance and endorsements have been accepted by City's Risk Manager. 4. Failure to Maintain Coverage. If Contractor fails to comply with these insurance requirements, then City will have the option to declare Contractor in breach, or may purchase replacement insurance or pay the premiums that are due on existing policies in order to maintain the required coverages. Contractor is responsible for any payments made by City to obtain or maintain insurance and City may collect these payments from Contractor or deduct the amount paid from any sums due Contractor under this Agreement. Submission of Insurance Policies. City reserves the right to require, at any time, complete copies of any or all required insurance policies and endorsements. B. Pricing Pricing shall remain firm throughout the first two-year term of the contract. At the end of the initial contract term and each contract anniversary date thereafter for the duration of the contract, prices may, upon Contractor or City request, be increased or decreased. Any price increases will be tied to the Consumer Price Index (CPI) and approved at the discretion of the City. If accepted, the price increase will remain firm throughout the subsequent two-year period. In the event prices are reduced, the reduced price shall apply to all subsequent purchases following the date of the price decrease through to the following contract anniversary date. The Contractor shall submit to the City a revised unit price schedule and supporting CPI information for any requested changes. SECTION VIII. CONTRACT AWARD The PWS will recommend to the awarding authority the award of a contract to the lowest responsive and responsible Bidder. Award of contract occurs when a Purchase Order is issued or other evidence of acceptance by the City is provided to the Bidder. A Recommendation of Award does not constitute award of contract. Contract documents will consist of an Agreement, this NIB and all related attachments, the Successful Bidder's written bid, and a Purchase Order issued by the City's Finance Department. SECTION IX. RIGHTS OF THE CITY This NIB does not commit the City to enter into a contract, nor does it obligate the City to pay for any costs incurred in preparation and submission of bids or in anticipation of a contract. The City reserves the right to: PUBLIC WORKS SERVICES DEPARTMENT FY 2018-19 LANDFILL DISPOSAL SITE SERVICE NIB 7 OF 12