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SERIAL 16154-RFP <br /> <br /> <br />6.2.13.2 In the event any insurance policy (ies) required by this contract is (are) written <br />on a “claims made” basis, coverage shall extend for two years past completion <br />and acceptance of Contractor’s work or services and as evidenced by annual <br />Certificates of Insurance. <br /> <br />6.2.13.3 If a policy does expire during the life of the Contract, a renewal certificate must <br />be sent to County fifteen (15) days prior to the expiration date. <br /> <br />6.2.14 Cancellation and Expiration Notice. <br /> <br />Applicable to all insurance policies required within the Insurance Requirements of this <br />Contract, Contractor’s insurance shall not be permitted to expire, be suspended, be <br />canceled, or be materially changed for any reason without thirty (30) days prior written <br />notice to Maricopa County. Contractor must provide to Maricopa County, within 2 <br />business days of receipt, if they receive notice of a policy that has been or will be <br />suspended, canceled, materially changed for any reason, has expired, or will be <br />expiring. Such notice shall be sent directly to Maricopa County Office of Procurement <br />Services and shall be mailed or hand delivered to 160 South 4th Avenue 320 West <br />Lincoln Street, Phoenix, AZ 85003, or emailed to Procurement Officer noted in <br />solicitation. <br /> <br />6.3 BOND REQUIREMENT: (If required by an individual Project/Task Order) <br /> <br />6.3.1 If requested for an individual Order and concurrently with the submittal of the proposal <br />associated with the Order, the Contractor shall furnish the Contracting Agency the <br />following bonds, which shall become binding upon the award of the contract to the <br />Contractor <br /> <br />6.3.1.1 A Performance Bond equal to the full Contract amount ($________or as <br />specified) conditioned upon the faithful performance of the Order in accordance <br />with plans, specifications and conditions thereof. Such bond shall be solely for <br />the protection of the Contracting Agency awarding the Order. <br /> <br />6.3.1.2 A Payment Bond equal to the full contract amount ($________or as specified) <br />solely for the protection of claimants supplying labor and materials to the <br />Contractor or his Subcontractors in the prosecution of the work provided for in <br />such Order. <br /> <br />6.3.2 Each such bond shall include a provision allowing the prevailing party in a suit on such <br />bond to recover as a part of his judgment such reasonable attorney’s fees as may be fixed <br />by a judge of the court. <br /> <br />6.3.3 Each bond shall be executed by a surety company or companies holding a certificate of <br />authority to transact surety business in the State of Arizona issued by the Director of the <br />Department of Insurance. The bonds shall not be executed by an individual surety or <br />sureties. The bonds shall be made payable and acceptable to the Contracting Agency. <br />The bonds shall be written or countersigned by an authorized representative of the surety <br />who is either a resident of the State of Arizona or whose principal office is maintained in <br />this state, as by law required, and the bonds shall have attached thereto a certified copy of <br />the Power of Attorney of the signing official. In addition, said company or companies <br />shall be rated “Best-A” or better as required by the Contracting Agency, as currently <br />listed in the most recent Best Key Rating Guide, published by the A.M. Best Company. <br /> <br />6.4 FORCE MAJEURE <br /> <br />6.4.1 Neither party shall be liable for failure of performance, nor incur any liability to the other <br />party on account of any loss or damage resulting from any delay or failure to perform all <br />or any part of this Contract if such delay or failure is caused by events, occurrences, or <br />causes beyond the reasonable control and without negligence of the parties. Such events,