GENERAL REQUIREMENTS
A.
D.
To be eligible for an award, a Bidder must be deemed "responsible". A responsible Bidder:
e has the ability, capacity and skill to provide the goods or services required
® can provide the goods or services within the time frame specified
e has a satisfactory record of integrity, reputation, judgment and experience
e has sufficient financial resources to provide the goods or services
e hasan ability to provide future maintenance and support as required
e has developed a positive track record with the City of Nashua to the extent the Bidder has previously
provided goods or services.
The Successful Bidder will be required to provide the City with certificates of insurance for coverage as listed below and
endorsements affecting coverage required by the contract within ten (10) calendar days after the City issues the notice
of award. The City requires thirty (30) calendar days written notice of cancellation or material change in coverage. The
certificate 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, Employer's Liability and Auto Liability policies must name the
City of Nashua as an additional insured and reflect on the certificate of insurance:
@ General Liability insurance in the amount of $1,000,000 per occurrence and $2,000,000 aggregate
e $1,000,000 Combined Single Limit Automobile Liability (coverage must include all owned, non- owned and
hired vehicles)
e Workers' Compensation Coverage in compliance with the State of New Hampshire statutes,
$100,000/$500,000/5100,000
All Bidders and subcontractors at every tier under this project will fully comply with NH RSA Chapter 281-A, "Workers'
Compensation".
It is the responsibility of the Successful Bidder to submit, to the City, certificates of insurance for the Successful Bidder
and all other subcontractors prior to the start of the project. It is the responsibility of the Successful Bidder to provide
the City with updated certificates of insurance for the Successful Bidder and all subcontractors 10 days prior to the
expiration of coverage. The City may, at any time, order the Successful Bidder to stop work, suspend the contract or
terminate the contract for non-compliance. All subcontractors are subject to the same insurance requirements as the
Successful Bidder.
The Successful Bidder will be required to post the following bonds. Cost of bond premiums to be incorporated into the
bid item costs.
¢ Bid Bond: A bid guarantee from each bidder equivalent to 5% of the bid price. The “bid guarantee" must consist of a
firm commitment such as a bid bond, certified check, or other negotiable instrument accompanying a bid as
assurance that the bidder will, upon acceptance of the bid, execute such contractual documents as may be required
within the time specified.
¢ Payment & Performance Bond: Successful Bidder shall furnish Performance and Payment Bonds, each in an amount
at least equal to the Contract Price, as security for the faithful performance and payment of all obligations under the
Contract Documents. These Bonds shall remain in effect at least until one year after the date when final payment
becomes due, except as provided otherwise by Laws or Regulations or by the Contract Documents. Successful Bidder
shall also furnish such other Bonds as are required by the Contract Documents. When Successful Bidder delivers the
executed agreements to the City, Successful Bidder shall also deliver to the City such Bonds as may be required to
furnish,
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