BT Club Sign Installation ProjectVILLAGE OF OAK BROOK
CONTRACT FOR THE
OAK BROOK BATH & TENNIS CLUB SIGN INSTALLATION PROJECT
Full Name of Contractor: Parvin-Clauss Company Inc. ("Contractor'')
Principal Office Address: 165 Tubeway Drive, Carol Stream, Illinois 60188
Contact Person: Matthew J. Sopchyk Telephone Number: (630) 510-2020
TO: Village of Oak Brook ("Village")
1200 Oak Brook Road
Oak Brook, Illinois
Attention: Riccardo F. Ginex, Village Manager
Contractor warrants and represents that Contractor has
carefully examined the Work Site described below and
has reviewed and understood all documents included,
referred to, or mentioned in this bound set of documents.
1. Work
A. Contract and Work. Contractor acknowledges,
and agrees, that Contractor shall, at its sole cost and
expense, provide, perform, and complete, in the manner
specified and described, and upon the terms and
conditions set forth, in this Contract, all of the following,
all of which is herein referred to as the "Work":
Labor. Equipment Materials and Supolies.
Provide, perform, and complete, in the
manner specified and described in this
Contract, all necessary work, labor, services,
transportation, equipment, materials,
supplies, information, data, and other means
and items necessary for the Oak Brook Bath
& Tennis Club Sign Installation Project as
specified in Exhibit A attached hereto, at the
Oak Brook Bath & Tennis Club 800 Oak
Brook Road, Oak Brook, Illinois 60523
("Work Site");
2. Permits. The Village will furnish all
permits, licenses, and other governmental
approvals and authorizations necessary in
connection therewith;
3. Bonds and Insurance. Procure and furnish
all bonds and all insurance certificates and
policies of insurance specified in this
Contract;
4. Taxes. Pay all applicable federal, state, and
localtaxes;
5. Miscellaneous. Do all other things required
of Contractor by this Contract; and
6. Qualit . Provide, perform, and complete all
of the foregoing in a proper and workmanlike
manner, consistent with the standards of
recognized professional firms in performing
Work of a similar nature, in full compliance
with, and as required by or pursuant, to this
Contract, and with the greatest economy,
efficiency, and expedition consistent
therewith, with only new, undamaged, and
first quality equipment, materials, and
supplies.
B. Performance Standards. Contractor
acknowledges and agrees that all Work shall be fully
provided, performed, and completed in accordance with
Quote #101330, dated April 16, 2018, attached hereto as
Exhibit A.
C. Responsibility for Damage or Loss. Contractor
proposes, and agrees, that Contractor shall be
responsible and liable for, and shall promptly and
without charge to Village repair or replace, any damage
done to, and any loss or injury suffered by, the Village,
the Work, the Work Site, or other property or persons as
a result of the Work.
D. Inspection/Testine/Reiection. Village shall have
the right to inspect all or any part of the Work and to
reject all or any part of the Work that is, in Village's
judgment, defective or damaged or that in any way fails
to conform strictly to the requirements of this Contract
and the Village, without limiting its other rights or
remedies, may require correction or replacement at
Contractor's cost, perform or have performed all Work
necessary to complete or correct all or any part of the
Work that is defective, damaged, or nonconforming and
charge Contractor with any excess cost incurred thereby,
or cancel all or any part of any order or this Contract.
Work so rejected may be returned or held at Contractor's
expense and risk.
2. Contract Price
Contractor acknowledges and agrees that Contractor
shall take in full payment for all Work and other matters
set forth under Section 1 above, including overhead and
profit; taxes, contributions, and premiums; and
compensation to all subcontractors and suppliers, the
compensation set forth below.
A. SCHEDULE OF PRICES
For providing, performing, and completing all
Work, the total Contract Price of $38,845.00
TOTAL CONTRACT PRICE (in writing):
Thirty -Eight Thousand Eight Hundred and
Forty -Five Dollars
B. BASIS FOR DETERMINING PRICES
It is expressly understood and agreed that:
1. All prices stated in the Schedule of Prices
are firm and shall not be subject to
escalation or change;
2. The Village is not subject to state or local
sales, use, and excise taxes, that no such
taxes are included in the Schedule of Prices,
and that all claim or right to claim any
additional compensation by reason of the
payment of any such tax is hereby waived
and released;
3. All other applicable federal, state, and local
taxes of every kind and nature applicable to
the Work are included in the Schedule of
Prices.
C. TIME OF PAYMENT
It is expressly understood and agreed that a 50%
deposit is required and that the remaining
balance shall be made upon completion of the
work and final approval by the Village.
2
All payments may be subject to deduction or
setoff by reason of any failure of Contractor to
perform under this Contract. Each payment
shall include Contractor's certification of the
value of, and partial or final waivers of lien
covering, all Work for which payment is then
requested and Contractor's certification that all
prior payments have been properly applied to
the payment or reimbursement of the costs with
respect to which they were paid.
3. Contract Time
Contractor acknowledges and agrees that Contractor
shall commence the Work within 15 days (weather
permitting) following the Village's acceptance of this
Contract provided Contractor shall have furnished to the
Village all bonds and all insurance certificates specified
in this Contract ("Commencement Date"). Contractor
further acknowledges and agrees that Contractor shall
perform the Work diligently and continuously and shall
complete the Work not later than June 30, 2018 ("Time
of Performance"). The Village may modify the Time of
Performance at any time upon 15 days prior written
notice to the Contractor. Delays caused by the Village
shall extend the Time of Performance; provided,
however, that Contractor shall be responsible for
completion of all Work within the Time of Performance,
notwithstanding any strike or other work stoppage by
employees of either Contractor or of the Village.
4. Financial Assurance
A. Bonds. Contractor acknowledges and agrees
that Contractor shall provide a Performance Bond and a
Labor and Material Payment Bond, on forms provided
by, or otherwise acceptable to, the Village, from a surety
company acceptable to the Village, each in the penal sum
of the Contract Price, within 10 days following the
Village's acceptance of this Contract.
B. Insurance. Contractor acknowledges and agrees
that Contractor shall provide certificates of insurance
evidencing the minimum insurance coverages and limits
set forth in Exhibit B within 10 days following the
Village's acceptance of this Contract. Such policies shall
be in form, and from companies, acceptable to the
Village. The insurance coverages and limits set forth
Exhibit B shall be deemed to be minimum coverages and
limits and shall not be construed in any way as a
limitation on Contractor's duty to carry adequate
insurance or on Contractor's liability for losses or
damages under this Contract. The minimum insurance
coverages and limits that shall be maintained at all
times while providing, performing, or completing the
Work are as set forth in Exhibit B.
B. Indemnification. Contractor acknowledges and
agrees that Contractor shall indemnify and save
harmless the Village its officers, officials, employees and
volunteers, against all damages, liability, claims, losses,
and expenses (including attorneys' fee) that may arise, or
be alleged to have arisen, out of or in connection with
Contractor's performance of, or failure to perform, the
Work or any part thereof, or any failure to meet the
representations and warranties set forth in Section 6 of
this Contract.
D. Penalties. Contractor acknowledges and agrees
that Contractor shall be solely liable for any fines or civil
penalties that are imposed by any governmental or
quasi -governmental agency or body that may arise, or be
alleged to have arisen, out of or in connection with
Contractor's performance of, or failure to perform, the
Work or any part thereof.
5. Firm Proposal
All prices and other terms stated in this Contract are
firm and shall not be subject to withdrawal, escalation,
or change.
6. Contractor's Representations and Warranties
In order to induce the Village to accept this Contract,
Contractor hereby represents and warrants as follows:
A. The Work. The Work, and all of its components,
shall strictly conform to the requirements of this
Contract, including, without limitation, the performance
standards set forth in Subsection 1B of this Contract;
and shall be fit, sufficient, and suitable for the purposes
expressed in, or reasonably inferred from, this Contract
and the warranties expressed herein shall be in addition
to any other warranties expressed or implied by law,
which are hereby reserved unto the Village.
B. Compliance with Laws. The Work, and all of its
components, shall be provided, performed, and completed
in compliance with, and Contractor agrees to be bound
by, all applicable federal, state, and local laws, orders,
rules, and regulations, as they may be modified or
amended from time to time, including without limitation,
if applicable, the Prevailing Wage Act, 820 ILCS
130/0.01 et seq.; any other prevailing wage laws; any
statutes requiring preference to laborers of specified
classes; any statutes prohibiting discrimination because
of, or requiring affirmative action based on, race, creed,
color, national origin, age, sex, or other prohibited
classification; and any statutes regarding safety or the
performance of the Work. Further, Contractor shall
have a written sexual harassment policy in compliance
with Section 2-105 of the Illinois Human Rights Act
during the course of the work.
C. Not Barred. Contractor is not barred by law
from contracting with the Village or with any other unit
of state or local government as a result of (i) a
delinquency in the payment of any tax administered by
the Illinois Department of Revenue unless Contractor is
contesting, in accordance with the procedures
established by the appropriate Revenue Act, its liability
for the tax or the amount of tax, as set forth in 65 ILCS
5/11-42.1-1; or (ii) a violation of either Section 33E-3 or
Section 33E-4 of Article 33 of the Criminal Code of 1961,
720 ILCS 5/33E-1 et seq.
D. Qualified. Contractor has the requisite
experience, ability, capital, facilities, plant, organization,
and staff to enable Contractor to perform the Work
successfully and promptly and to commence and
complete the Work within the Contract Price and
Contract Time set forth above.
7. Acknowledgements
In submitting this Contract, Contractor
acknowledges and agrees that:
A. Reliance. The Village is relying on all
warranties, representations, and statements made by
Contractor in this Contract.
B. Acceptance. If this Contract is accepted,
Contractor shall be bound by each and every term,
condition, or provision contained in this Contract.
D. Remedies. Each of the rights and remedies
reserved to the Village in this Contract shall be
cumulative and additional to any other or further
remedies provided in law or equity or in this Contract.
E. Time. Time is of the essence in the performance
of all terms and provisions of this Contract and, except
where stated otherwise references in this Contract to
days shall be construed to refer to calendar days and
time.
F. No Waiver. No examination, inspection,
investigation, test, measurement, review, determination,
decision, certificate, or approval by the Village, whether
before or after the Village's acceptance of this Contract;
nor any information or data supplied by the Village,
whether before or after the Village's acceptance of this
Contract; nor any order by the Village for the payment of
money; nor any payment for, or use, possession, or
acceptance of, the whole or any part of the Work by the
Village; nor any extension of time granted by the Village;
nor any delay by the Village in exercising any right
under this Contract; nor any other act or omission of the
Village shall constitute or be deemed to be an acceptance
of any defective, damaged, or nonconforming Work, nor
operate to waive or otherwise diminish the effect of any
representation or warranty made by Contractor; or of
any requirement or provision of this Contract; or of any
remedy, power, or right of the Village.
G. Severability. It is hereby expressed to be the
intent of the parties to this Contract that should any
provision, covenant, agreement, or portion of this
Contract or its application to any Person or property be
held invalid by a court of competent jurisdiction, the
remaining provisions of this Contract and the validity,
enforceability, and application to any Person or property
shall not be impaired thereby, but the remaining
Provisions shall be interpreted, applied, and enforced so
as to achieve, as near as may be, the purpose and intent
Of this Contract to the greatest extent permitted by
applicable law.
H. Amendments and Modifications. No amendment
or modification to this Contract shall be effective until it
is reduced to writing and approved and executed by the
corporate authorities of the parties in accordance with all
applicable statutory procedures.
I. Assignment. Neither this Contract, nor any
interest herein, shall be assigned or subcontracted, in
whole or in part, by Contractor except upon the prior
written consent of the Village.
J. Governing low; Venue. This Contract shall be
governed by, construed and enforced in accordance with
the internal laws, but not the conflicts of laws rules, of
the State of Illinois. Venue for any action arising out of
or due to this Contract shall be in the Circuit Court for
DuPage County, Illinois.
K. Certified Payrolls Contractor shall, in
accordance with Section 5 of the Illinois Prevailing Wage
Act, 8201LCS 130/5, submit to the Village, on a monthly
basis, a certified payroll, if applicable. The certified
payroll shall consist of a complete copy of those records
required to be made and kept by the Prevailing Wage
Act. The certified payroll shall be accompanied by a
statement signed by the Contractor or subcontractor
which certifies that: (1) such records are true and
accurate; (2) the hourly rate paid is not less, if
applicable, than the general prevailing rate of hourly
wages required by the Prevailing Wage Act; and (3)
Contractor or subcontractor is aware that filing a
IN WITNESS WHEREOF the parties hereto
have caused a nfW to be executed,
effective c 018
ATTEST:
By:
I e New
A
B)
certified payroll that he or she knows to be false is a
Claes B misdemeanor. A general contractor may rely
upon the certification of a lower tier subcontractor,
provided that the general contractor does not. knowingly
rely upon a subcontractor's false certification. Upon two
business days' notice, Contractor and each subcontractor
shall make available for inspection the records required
to be made and kept by the Act: (i) to the Village, its
officers and agents, and to the Director of the Illinois
Department of Labor and his or her deputies and agents;
and (ii) at all reasonable hours at a location within this
State.
L. Conflict— s o�est. Contractor represents and
certifies that, to the best of its knowledge, (1) no elected
or appointed Village official, employee or agent has a
Personal financial interest in the business of the
Contractor or in this Agreement, or has personally
received payment or other consideration for this
Agreement: (2) as of the date of this Agreement, neither
Contractor nor any person employed or associated with
Contractor has any interest that would conflict in any
manner or degree with the performance of the
obligations under this Agreement; and (3) neither
Contractor nor any person employed by or associated
with Contractor shall at any time during the term of this
Agreement obtain or acquire any interest that would
conflict in any manner or degree with the performance of
the obligations under this Agreement.
M. Exhibits and Other Agreements, If any conflict
exists between this Agreement and any exhibit attached
hereto or any other Agreement between the parties
relating to this transaction, the terms of this Agreement
shall prevail.
VILLAGE OF OAK BROOK, an Illinois
municipal corporation
By:
VillageManager
PARVIN-C PANY INC.
By
Its hl
EXHIBIT A
(QUOTE #101330 DATED APRIL 16, 2018)
Parvin-Clauss Sign Company Inc.
165 Tubeway Drive
Carol Stream, IL 60188 USA
Phone: 630-510-2020
Fax: 630-668-7802
Fed ID: 36-3322946 Quote No: 101330
Monday, April 16, 2018
Bill To:
OAK BROOK BATH & TENNIS CLUB
800 OAK BROOK ROAD
OAK BROOK, IL 60523
We are pleased to present the following project proposal:
Line1 PartlD.' SIGN Propose/Amount
$38,845.00
Monument Sign- Sandblasted
Furnish and install one 3'-6" high by 8'-3" wide, double face, Cedar sign with sandblasted
background, raised graphics .5" thick FCO acrylic Oak Brook" stud mounted to the faces, suspension
rigid -mount with fabricated steel supports mounted to a 10" cedar beam, four (two each end)
vertical cedar uprights with caps and collar base plates painted black, two masonry piers with stone
veneer and limestone caps, 6-9.5" over all height, augered concrete foundations and 4" pad.
Job is figured as tax exempt, prevailing wages, certified payroll, payment performance bond.
Installation Address:
800 Oak Brook Rd.
Oak Brook, IL
Salesperson: MATHEW J. SOPCHYK
Prices are Valid Until Friday, June 15, 2018
Terms: 50% Deposit required; Net 10 upon completion.
Parvin-Clauss Sign Company Inc.
165 Tubeway Drive
Carol Stream, IL 60188 USA
Phone: 630-510-2020
Fax: 630-668-7802
Fed ID: 36-3322946 Quote No: 101330
Monday, April 16, 2018
Please review this quotation and the accompanying design sketches for size dimensions, colors, copy and quality, and
bring any
required changes to
our attention immediately. Note that significant changes may result
in revision of quoted
price and
timeline. Men approved
please ipn below and return along with a signed coos of
the d Sion sketch to
signify acceptance
of this proposal
and its related terms and conditions Production will not be
scheduled until both
documents
have been received
and permits have been approved (if applicable), thus authorizing
us to proceed with
fabrication as described above.
Pricing shown does not include:
Any engineering required by the local municipality.
Any insurance required in addition to our standard insurance coverages. If additional insurance coverage is
required, it will be added to the price of this quote plus 10%. This includes, but is not limited to requests for
special endorsements, primary, non-contributory umbrella coverage, waivers of subrogation, performance and
payment bonds.
Applicable sign permits. If permits are required by the municipality prior to installation, the charges for permits
and procurement will be added to the final invoice as a separate cost.
This Agreement assumes that installation will involve normal access, soil, and wall conditions.
In the event of subsurface obstacles or obstructions in or behind walls, the parties agree to adjust the
extra installation costs based on Seller's additional cost.
Parvin-Clauss Sign Co., Inc. is not responsible for damage to underground sprinkler systems, property
lighting and/or private utilities.
Customer shall bring feed wires of suitable capacity and approved type to the location of Display prior to
installation and shall pay for all electrical energy used by the display and be responsible for the supply
thereof.
Should this order cancel for any reason, buyer agrees to pay seller for any time and materials incurred to
date including, but not limited to: design sketches, permit municipality fees and procurement, site
surveys/checkouts, etc.
Thank you for the opportunity to present this quotation for your signage needs. Our services are customized to meet
the goals, guidelines and deadlines of your sign project. At Parvin-Clauss, your image is our priority, and commitment to
quality is our promise. If you have any questions regarding this quote, please call.
Parvin-Clauss Sign Company Inc.
165 Tubeway Drive
Carol Stream, IL 60188 USA
Phone: 630-510-2020
Fax: 630-668-7802
Fed ID: 36-3322946 Quote No: 101330
Monday, April 16, 2018
TERNS AND CONDMONS
This proposal is made for spedaity mnsbuCal equipment and when accepted Is not subject ro mincella[Ion, Seller shall not be responsible for errors in plans,
designs, specifications, and drawings fumiened by Buys or for defects caused thereby.
Warranty: This agreement carries a 1 year warranty on pans and labor, except for standard manufactured lamps. The display is warranted to be free from
functional defects in materials and workmanship at the time of crigmal delivery. The foregoing warranties shall not appy if the equipment has been repaired,
other Man by Seller or a service facility designated by the Seller, or altered by anyone other than Seller, o, if the equipment has been subject W abuse, misuse,
negligence, accident, vandalism, acts of God or natural disasters beyond Seller's reasonable control. Seller shall rent be liable for any damages or josses other
than the replacement of such defective work a material. Whenever Mae are any circumstances on which a claim might be basad, Seller must be IMomnad
immediately or the provisions of this warranty may W voided,
Title: Tone W all materials and property covered by this agreement shall remain In Seller and shall not he deemed ro constitute apart of the realty to which it
may be attached until the Wrchase price is paid in full. Seller is given an express security interest in said material and property both erected and unerected
notwithstanding the manner in which such personal property shall be annexal or attached to the renhy. In Me event of default by Buyer, including, but not
limited to, payment of any amounts clue and payable, Seller may at once (and without process of law) take possession of and remove, as and when it seas Bt
and wherever found, all materials used or Intended for use in this construction of said equipment and any and all Property called for in this contact without
being deemed guilty of trespass.
Damage: Should any loss, damage or injury result ro said display, from any cause whatsoever, while in possession of Buyer err his agents, such loss, damage or
Injury shall not relieve the Buyer from the obligation m pay for the same according M the terms of this agreement.
Default: Seller and Dryer mutually racgnim Mat Display is not an article of general trade Or utility but is designed and ls to be constructed, installed and
maintained at the request and for the special distinctive uses and purposes of Buyer, that Display is of no value to Seller expept as so used, and that Is a
material consideration M Seller. If during the term of this agreement bankruptcy, reorganitabon or insolvency proceedings are mmmalcei by or against Buyer,
or if Buyer makes an assignment for the benefit of creditors, or If Buyer discontinues business in the premises wham Display Is looted, Sella may at his option
declare the attire unpaid balance immediately due and payable. N the event Saler may employ an attorney to recover Display or collect any sums due under
this Agreement Buyer agrees to pay in addition to all sums found clue from; Sella, a reasonable attorney's fee, and all costs of Suit, collection costs and all other
expenses incurred in enforcing this Agreement. NI Over due payments under this Agreement which are in arrears move Man ten days following due date under
(b) herein, shall bear Interest at the cote of 18% per annum accumulated frim" provided Mat such delinquent charges shall be at least $1 per month.
Authority of Agent: it Is understood and agreed that MI5 agreement contains Me entire contract between the partis and that no representative of Sella has
authority to charge or modify any terms or representations herein stated. This agreement shall not be considered as mauted undl signed by or on behalf of
Buyer and approved by an executive officer of Saler.
Delhi": The construction and installation of the display shall be subject M delay by strikes, fines, unforeseen commercial delays or ads of God, or regulations
OV resWNms of the government or public authorities or other aadenbl forces, conditions or drwmstances beyond control of Seller.
Inspection: Buyer shall Impact the display immediately upon Installation, and shall notify Seller in writing ot any defects or variances therein. in the absence of
any such written notifczdon within five (5) clays after Installation, the display shall be deemed in all respects approved and atisfaducy W Buys.
Pefmlts and licanses: Seller shall assist Buyer in obtaining all original permits and licenses from public Wthorme; for the installation of the display. Buyer
shall obtain the necesary permits from the owner of the premises and others, whose permission is required for the Installation a the display and is responsible
that such perm ssion Is not revoked. Revocation of any permit required for the Installation and maintenance of display shall not relieve buyer from the payment
of all sums due in accordance with the terms of this agreement. Buyer agrees M obtain all necessary permission for use of all registered trademarks or
copyrights used on the display, and agrees M indemnify Seller against any claims in connection therewith.
Service WI Cost Of Electricity: Reinforcement of Building: Physical Conditions: Buyer shall bring feed Wires of Suitable capacity and approved type
to the location of Display prior to Installation and shall pay for all electrical energy used by the display and be responsible for the Supply thereof. Buyer Shall
provide for necessary reinforcements to Me building on which Display is instaial. Buyer Shall pay fa cents Of relocating power livres, or other obstacles to
comply with laws of federal, State or Munidml Agencies. This Agreement assumes that installation will involve normal access, soil, and wall
m ilitlons. In the event of subsurface obstacles or Obstructions in or behind walls, the parties agree to adjust the extra installation costs
based on Sella's additional tort.
Customer Signature
Customer Name Printed
Date ��_
EXHIBIT B
(INSURANCE REQUIREMENTS)
Certificates of Insurance shall be presented to the Village upon execution of this contract and vendor shall not
commence work until it provides and receives acceptance of insurance certificates from the Village as required by
this exhibit.
Each contractor performing any work pursuant to a contract with the Village of Oak Brook and each permittee
working under a permit as required pursuant to the provisions of Title 1 of Chapter 8 of the Code of Ordinances of
the Village of Oak Brook (hereinafter referred to as "Insured") shall be required to carry such insurance as
specified herein. Such contractor and permittee shall procure and maintain for the duration of the contract or
permit insurance against claims for injuries to persons or damages to property which may arise from or in
connection with the performance of the work under the contract or permit, either by the contractor, permittee, or
their agents, representatives, employees or subcontractors.
A contractor or permittee shall maintain insurance with limits no less than:
A. General Liability - $2,000,000 combined single limit per occurrence for bodily injury, personal injury and
property damage;
B. Automobile Liability (if applicable) - $1,000,000 combined single limit per accident for bodily injury and
property damage;
C. Worker's Compensation and Employer's Liability - Worker's Compensation limits as required by the Labor
Code of the State of Illinois and Employer's Liability limits of $1,000,000 per accident.
Any deductibles or self-insured retention must be declared to and approved by the Village. At the option of the
Village, either the insurer shall reduce or eliminate such deductible or self-insured retention as respects the
Village, its officers, officials, employees and volunteers; or the Insured shall procure a bond guaranteeing
payment of losses and related investigations, claim administration and defense expenses to the extent of such
deductible or self-insured retention.
The policies shall contain, or be endorsed to contain, the following provisions:
D. General Liability and Automobile Liability Coverage -
(1)The Village, its officers, officials, employees and volunteers are to be covered as additional insureds as
respects: liability arising out of activities performed by or on behalf of the Insured; premises owned,
occupied or used by the Insured. The coverage shall contain no special limitations on the scope of
protection afforded to the Village, its officers, officials, employees, volunteers, or agents.
(2)The Insured's insurance coverage shall be primary insurance as respects the Village, its officers,
officials, employees, volunteers and agents. Any insurance or self-insurance maintained by the
Village, its officers, officials, employees, volunteers or agents shall be in excess of the Insured's
insurance and shall not contribute with it.
(3)Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the
Village, its officers, officials, employees, volunteers or agents.
(4)The Insured's insurance shall apply separately to each covered party against whom claim is made or
suit is brought except with respect to the limits of the insurer's liability.
E. Worker's Compensation and Employer's Liability Coverage
The policy shall waive all rights of subrogation against the Village, its officers, officials, employees,
volunteers and agents for losses arising from work performed by the insured for the Village.
Each insurance policy shall be endorsed to state that coverage shall not be suspended, voided, canceled by either
party, reduced in coverage or in limits except after thirty (30) days prior written notice by certified mail has
been given to the Village. Each insurance policy shall name the Village, its officers, officials and employees,
volunteers and agents as additional Insureds. Insurance is to be placed with insurers with a Best's rating of no
less than A: VII.
Each Insured shall furnish the Village with certificates of insurance and with original endorsements effecting
coverage required by this provision. The certificate and endorsements for each insurance policy are to be signed
by a person authorized by that insurer to bind coverage on its behalf. The certificates and endorsements are to
be on forms approved by the Village and shall be subject to approval by the Village Attorney before work
commences. The Village reserves the right to require complete, certified copies of all required insurance policies,
at any time.
Each insured shall include all subcontractors as insureds under its policies or shall furnish separate certificates
and endorsements for each subcontractor. All coverages for subcontractors shall be subject to all of the
requirements stated herein.