The City will make no payments until the invoice has been submitted and
approved. The City does not pay interest or late fees.
5. INSURANCE COVERAGE
Contractor shall carry and maintain in effect during the performance of services under
this contract:
¢ General Liability insurance in the amount of $1,000,000 per occurrence;
$2,000,000 aggregate:
¢ $1,000,000 Combined Single Limit Automobile Liability;
¢ And Workers' Compensation Coverage in compliance with the State of New
Hampshire statutes, $100,000/$500,000/$100,000.
Contractor shall maintain in effect at all times during the performance under this
contract all specified insurance coverage with insurers. None of the requirements as to
types and limits to be maintained by Contractor are intended to and shall not in any
manner limit or qualify the liabilities and obligations assumed by Contractor under this
contract. The City of Nashua shall not maintain any insurance on behalf of
Contractor. Subcontractors are subject to the same insurance requirements as
Contractor and it shall be the Contractor's responsibility to ensure compliance of this
requirement.
The parties agree that Contractor shall have the status of and shall perform all work under
this contract as an independent contractor, maintaining control over all its consultants,
sub consultants, contractors, or subcontractors. The only contractual relationship created
by this contract is between the City and Contractor, and nothing in this contract shall
create any contractual relationship between the City and Contractor's consultants, sub
consultants, contractors, or subcontractors. The parties also agree that Contractor is not
a City employee and that there shall be no:
(1) Withholding of income taxes by the City:
(2) Industrial insurance coverage provided by the City;
(3) Participation in group insurance plans which may be available to employees of the
City;
(4) Participation or contributions by either the independent contractor or the City to the
public employee's retirement system;
(5) Accumulation of vacation leave or sick leave provided by the City;
(6) Unemployment compensation coverage provided by the City.
Contractor will provide the City of Nashua with certificates of insurance for coverage as
listed below and endorsements affecting coverage required by the contract within ten
calendar days after the City issues the notice of award. The City of Nashua requires
thirty days written notice of cancellation or material change in coverage. The
certificates and endorsements for each insurance policy must be signed by a person
authorized by the insurer and who is licensed by the State of New Hampshire. General
Liability, Employers' Liability and Auto Liability policies must name the City of Nashua
as _an additional insured_and reflect on the certificate of insurance. Contractor is
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