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  2. Finance Committee - Agenda - 1/6/2016 - P14

Finance Committee - Agenda - 1/6/2016 - P14

By dnadmin on Mon, 11/07/2022 - 09:56
Document Date
Wed, 01/06/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 01/06/2016 - 00:00
Page Number
14
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__010620…

ARTICLE 3- CONTRACT SUM

Subject to additions and deductions by Change Order, the Owner shall pay Contractor, in
accordance with the Contract Documents. the Contract Sum of:

($ )
The Contract Sum shall include all items and services necessary for the proper execution and
completion of the Work

ARTICLE 4 — INSURANCE AND INDEMNIFICATION

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;
~ Motor Vehicle Liability: $1,000,000 Combined Single Limit:
*Coverage must include all owned, non-owned and hired vehicles.

» Workers’ Compensation Coverage in compliance with the State of NH Statutes,
$100,000/$500,000/3100,000.

Contractor and subcontractors at every tier will fully comply with NH RSA Chapter 281-A,
“Workers’ Compensation”.

(Sole Proprietors not subject to Workers’ Compensation requirements)

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 the contract. The City of Nashua shall not maintain
any insurance on behalf of Contractor. Subcontractors are subject to the same insurance
requirements as the 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:

Withholding of income taxes by the City:

Industrial insurance coverage provided by the City:

Participation in group insurance plans which may be available to employees of the City:
Participation or contributions by either the independent contractor or the City to the public
employee's retirement system;

Accumulation of vacation leave or sick leave provided by the City;

Unemployment compensation coverage provided by the City.

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Finance Committee - Agenda - 1/6/2016 - P14

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