10.
Li.
as described above within 30 days, the parties may request that the dispute be submitted to the
Finance committee for resolution. If the parties are dissatisfied with the decision of the Finance
committee, the parties’ reserve the right to pursue any available legal and/or equitable remedies for
any breaches of this contract except as that right may be limited by the terms of this contract.
NO DAMAGES FOR DELAY Apart from a written extension of time, no payment, compensation,
or adjustment of any kind shall be made to Professional Contractor for damages because of
hindrances or delays in the progress of the work from any cause, and Professional
CONTRACTOR agrees to accept in full satisfaction of such hindrances and delays any extension
of time that the City of Nashua may provide.
INSURANCE Professional 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
ageregate;
# $1,000, 000 Combined Single Limit Automobile Liability;
# $1,000, 000 Professional Liability:
and Workers' Compensation Coverage in compliance with the State of New
Hampshire statutes, $100,000/$500,000/$100,000.
Professional 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 Professional Contractor are intended to and shall not in any manner limit
or qualify the Habilities and obligations assumed by Professional Contractor under this
contract. The City of Nashua shall not maintain any insurance on behalf of Professional
Contractor. SubContractors are subject to the same insurance requirements as Professional
Contractor and it shall be the Professional Contractor’s responsibility to ensure compliance
of this requirement.
Professional 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 of Nashua 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 3 a Benson authorized by the insurer and who i is
licensed by the State of New Hampshire. Creneral | e
Professional Contractor i is responsible for filing cad ond certificates of insurance with the City of
Nashua's Risk Management Department during the life of the contract.
All deductibles and self-insured retentions shall be fully disclosed in the certificate(s) of
insurance.
“if aggregate limits of less than $2,000,000 are imposed on bodily injury and
property damage, Professional Contractor must maintain umbrella liability insurance of at
least $1,000,000. All aggregates must be fully disclosed on the required certificate of
insurance.
“The specified insurance requirements do not relieve Professional Contractor of
its responsibilities or limit the amount of its liability to the City of Nashua or
other persons, and Professional Contractor is encouraged to purchase such
additional insurance, as it deems necessary.
GC 6o0f 11
