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CONTRACT - ARMORED CAR SERVICECity of Clearwater -Utility Customer Service 100 South Myrtle Ave Clearwater, FL 33756 MidFIorida Armored & ATM Services Inc: $335 per month. 4314 W MLK Blvd. Tampa, FL 33614 813-878-2342 PO Detail: Contract period: October 1, 2019 to September 30, 2020 • Price = $335..00 month with no addition charge. • Each Deposit will be insured up to $1,000,000.00 • Armored. Car Service Daily (Monday — Friday) pickup and delivery of Clearwater Customer Service payments (checks and cash may be multiple secured bags) between 10:30 am and 1:00 pm from the Municipal Services Building - 100 S. Myrtle Ave., 1st floor, Clearwater, FL to Bank Vault, Saint Petersburg, Florida by 3:00 pm the same day. • Any change order from Wells Fargo is to be delivered to Clearwater Utility Customer Service at no charge • Exclude pickup and delivery on legal bank holidays and the day after Thanksgiving. • Missed or late deliveries will have billing credited for prorated, monthly fee for service equal to one (1) day's charges for each day service is missed or late to the bank. Insurance Requirements: See Exhibit "A" attached. Additional Services: $100 per hour for emergency service In the event of a natural disaster, will go to the cash vault and pick up an amount up to $1,000,0.00.00 to be delivered to Clearwater Police Department. Location to be communicated through Wells Fargo. Signed: Signed: Danny Persaud. President 'i Cy thia Boyd UCS Di ector ated: /17,,1/ Dated: %O -c)" -/-f Service .agreement: Please sign and return via Fax or mail to fax or mailing address below Page 1 of 3 Cynthia Boyd Utility Customer Service Director PO Box 4748 Clearwater, FI 33758 Tel: 727-562-4556 Fax: 727-562-4577 Page 1 of 2 City of Clearwater 5/10/2019 EXHIBIT "A" CITY OF CLEARWATER INSURANCE REQUIREMENTS The Vendor shall, at itsown cost and expense, acquire and maintain (and cause contractors and subcontractors to acquire and maintain) during the term with the City, sufficient insurance to adequately protect the respective interest of the parties. Coverage shall be obtained with a carrier having an AM Best Rating of A -VII or better. Specifically the Vendor must carry the following minimum types and amounts of insurance on an occurrence basis or in the case of coverage that cannot be obtained on an occurrence basis, then coverage can be obtained. on a claims -made basis with a minimum three (3) year tail following the termination or expiration of this Agreement: 1. Commercial General. Liability Insurance including but not limited to, premises operations, products/completed operations, products liability, contractual liability, independent contractors, personal injury and advertising injury and $1,000,000 per occurrence and $2,000,000 general aggregate and $2,000,000 products/completed operation aggregate. 2. Commercial Automobile Liability Insurance for any owned, non -owned, hired or borrowed automobile is required in the minimum amount of $1,000,000. combined single limit. 3. Statutory Workers' Compensation Insurance and Employer's Liability Insurance in the minimum amount of $100,000 each employee each accident, $100,000 each employee by disease and $500,000 aggregate by disease with benefits afforded under the laws of the. State of Florida. Coverage should include Voluntary Compensation and U.S. Longshoremen's and Harbor Worker's Act coverage where applicable. Coverage must be applicable to employees, contractors, and subcontractors, if any. 4. Professional Liability Insurance coverage appropriate for the type of business engaged in by the. Contractor with minimum limits of $1,000,000 (one million dollars) per occurrence. If a claims made form of coverage is provided, the retroactive date of coverage shall be no later than the inception date of claims made coverage, unless prior policy was extended indefinitely to cover prior acts. Coverage shall be extended beyond the policy year either by a supplemental extendedreporting period (ERP) of as great a duration as available, and with no less coverage and with reinstated aggregate limits, or by requiring that any new policy provide a retroactive date no later than the inception date of claims made coverage. Page 2 of 3 5. Crime and Employee Dishonesty Coverage must include fidelity insurance for reimbursement to an employer for these types of losses. Third -party fidelity coverage is also required to cover the acts of an employee against an employer's clients: Please provide coverage using ISO form CR 00. 01 Employee Dishonesty Coverage Form or its equivalent and shall include ISO endorsement CR 04 01 Clients' Property or its equivalent and ISO endorsement CR 2014 Loss Payable or its equivalent. 6. Vendor shall insure each deposit/pickup for up to $1,000,000 in the event of accident, negligence, theft, robbery, loss, misplacement, destruction, fire, or other event, whether act is performed initially or by accident. The above insurance limits may be achieved by a combination of primary and umbrella/excess liability policies. Other Insurance Provisions: 1. The City is to be specifically included as an "Additional insured" on the insurance policies listed above, excluding Workers' Compensation and Employer's Liability. 2. Prior to the execution of this. Agreement (and seven {7} days prior to the start of work under this Agreement) then annually upon the anniversary date(s) of the insurance. policy's renewal date(s), the Vendor will furnish the City with a Certificate of Insurance evidencing the coverages set forth above and naming the City as an "Additional Insured" on all policies, excluding Workers' Compensation and Employer's Liability. In addition, Vendor will provide the City with certified copies of all applicable policies when requested in writing from the City. The address where such certificates and certified policies shall be sent or delivered is as follows: City of Clearwater Attn: Cynthia Boyd Customer. Service Director Utility Customer Service Department P.O. Box 4748 Clearwater, FL 33758-4748 3. Vendor shall provide thirty (30) days written notice of any cancellation, non -renewal,. termination, material change or reduction in coverage. 4. Vendor's insurance as outlined above shall be primary and non-contributory coverage for Vendor's negligence. 5. Vendor shall defend, indemnify, save and hold the City harmless from any and all claims, suits, judgments and liability for death, personal injury, bodily injury, or property damage arising directly or indirectly including legal fees, court costs, or other legal expenses. The: stipulated limits of coverage above shall not be construed as a limitation of any potential liability to the. City, and failure to request evidence of this insurance shall not be construed as a waiver of Vendor's obligation to provide the insurance coverage specified. Page'3 of 3