CC PACKET 01121993 - Laserfiche WebLink

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4.3 Contractor shall provide access to the City or any of its duly authorized representatives to review any books, documents, papers, and records of Contractor which are directly pertinent to the Contract for the purpose of making an audit, other examination and preparing excerpts and transcriptions. 5. PAYMENT 5.1 The City will pay Contractor $300.00 per month for rental of bins. The City will pay Contractor $0.06 per ton of recyclable plastic material, in addition to the bin rental charge. The City will pay Contractor $15.00 per ton of recyclable magazine and catalog material, $105.00 per pull, and $100.00 for sorting if necessary. The per ton charge may decrease as market conditions change, however$15.00 per ton is the maximum the City will pay the Contractor. Payment will be made upon the City's two week payroll/billing cycle, as City Council approval is,necessary prior to payment. 6. INSURANCE 61 In order to protect Contractor, as well as the City, under the indemnity provisions of this Contract, Contractor agrees at all times during the term of this Contract to have and keep in force: (1) A single limit or combined limit or excess umbrella commercial general liability insurance policy of an amount of not less than $1,000,000 for property damage arising from one occurrence,$1,000,000 for total bodily injuries and/or damages arising from one occurrence, and $1,000,000 per accident for total personal injuries and/or damages arising from one occurrence. Such policy shall also include contractual liability coverage protecting the City, its officers, agents, and employees by specific endorsement certificate acknowledging the Contract between Contractor and the City. (2) A single limit or combined limit or excess umbrella automobile liability insurance policy covering owned, nonowned and hired vehicles used regularly in the provision of services under this Contract in an amount of not less than $1,000,000 per accident for property damage, $1,000,000 for death or bodily injury, and/or damage to any one person, and $1,000,000 for total bodily injuries and/or damages arising from any one accident. 6.2 The City shall be named as an additional insured in Contractor's policies for the coverage needed for this Contract. The policies shall provide that the coverage may not be terminated or changed by the insurer except upon 30 days' prior written notice to the City Manager.