11-RFQ Vol. 3c Special Conditions.pdf

Agency for Community Transit Investment Management Services No. 25-2-14401

Special Conditions

SC 1 Financial Assistance This contract may be partially funded by the Illinois Department of Transportation (IDOT) and the Federal Transit Administration (FTA) and is therefore subject to applicable state and federal laws, executive orders, regulations, and requirements. The Contractor agrees not to perform any act, fail to perform any act, or refuse to comply with any Owner requests that would cause the Owner and MCT to be in violation of the terms and conditions of the grant agreements MCT has with FTA and IDOT for goods or services.

SC 2 Insurance Contractor shall maintain the following types and minimum limits of insurance until the expiration or termination of this contract. Agency for Community Transit and their officials, employees, and agents shall be named as ADDITIONAL INSUREDS.

1) Commercial General Liability Insurance: Occurrence based commercial general liability insurance or equivalent form with a limit of not less than $1,000,000 for each occurrence. If such insurance contains a general aggregate limit, it shall apply separately to this Contract or be no less than two times the occurrence limit.

2) Business Automobile Liability limits shall not be less than $1,000,000 per occurrence for bodily injury and property damage combined.

3) Workers’ Compensation liability limits shall not be less than:

- Workers’ Compensation - Statutory

- Employer’s Liability - $500,000 per occurrence

4) Professional Liability insurance shall not be less than $500,000 covering errors and omissions.

5) Cyber Liability insurance limits shall not be less than $5,000,000 per occurrence.

The Contractor may achieve the required limits and coverage for Commercial General Liability and Automobile Liability through a combination of primary and excess or umbrella liability insurance, provided that such primary and excess or umbrella insurance policies result in the same or greater coverage as those required stated above, and in no event shall any excess or umbrella liability insurance provide narrower coverage than the primary policy. The excess policy shall not require exhaustion of the underlying limits only through actual payment by the underlying insurers.

Prior to beginning work, Contractor shall provide the Owner with a Certificate of Insurance complying with this section and naming the additional insured.

SC 3 Current Vendor The vendor selected for award shall coordinate with the Owner’s current service vendor, Busey Bank, to transition services, as appropriate.

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