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(9) <br />CITY OF SANTA ANA <br />8. Evidence of Financial Capacity <br />Proposer may be requested to submit its most recent audited financial statement, <br />evidencing Proposer's financial capacity to fully perform the required services, <br />including provision of equipment and personnel expenses over a ninety (90) day <br />period. If said financial statement does not reflect full ninety (90) day operational <br />capacity, Proposer may include a letter of credit as evidence of supplemental capacity. <br />9. Insurance <br />The selected Proposer shall provide the required evidence of insurance coverage as set <br />forth in the standard agreement within ten (10) business days after receipt of Notice of <br />Intent to Award. Contractor must maintain, for the duration of its contract, insurance <br />coverages as required by the City. <br />Subcontractors must comply with the City's insurance requirements as stated herein. <br />Primary Contractor shall not allow any Subcontractor to commence work until all <br />insurance required of Subcontractor is obtained. <br />Additionally, Contractor shall provide the following insurance coverage: <br />A warrant that the firm maintains a prudent amount of errors and omissions <br />insurance that covers negligent acts and is applicable to the work requested <br />in this RFP. <br />Work on the contract shall not begin until after the awarded Contractor has submitted <br />acceptable evidence of the required insurance coverages. <br />VII. SELECTION PROCEDURES & CRITERIA <br />A. The City will establish a proposal review committee, consisting of Information Technology <br />Department staff designated by the Chief Technology Innovations Officer. The review <br />committee will evaluate proposals based on the response to the RFP, which includes <br />adherence to outlined directions and format, and the responses to the information <br />requeseted above. <br />B. Proposers will be ranked by the selection committee staff based on the following criteria: <br />• Overall ability to provide the services based upon the responses to the RFP <br />(25%) <br />• Responses to Supplemental Questions (Section VI.F.4.) <br />(25%) <br />• Experience with similarly sized governmental agencies in providing the types of <br />services outlined in this RFP <br />(25%) <br />• Responses to Cost Proposal (Section VI.F.5) <br />(25%) <br />RFP No. 20-124 Information Technology As -Needed Professional Services Page 15 of 35 <br />