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EXHIBIT "C"
<br /> ADDENDUM
<br /> Initial Service Period: 07/15/202S—06/30/2028; with the option for the City to grant up to
<br /> one (1) one-year renewal, exercisable by a writing by the City Manager and the City Attorney.
<br /> Fees and Payments.
<br /> h. The total amount to be expended under the term of this Agreement shall not exceed
<br /> $159,635.
<br /> Discount Service Agreement Extension. This section of the Agreement, including subsections
<br /> A-E, are hereby struck from this Agreement.
<br /> Insurance Requirements.
<br /> PlanetBids shall procure and maintain forthe duration of the contract insurance against claims for
<br /> security breaches, system failures, injuries to persons, damages to software, damages to property
<br /> (including computer equipment),theft,or other misuse of Customer's data, infringement of intellectual
<br /> property, invasion of privacy and breach of data,which may arise from or in connection with the
<br /> performance of the work hereunder by PlanetBids, its agents, representatives, or employees.
<br /> MINIMUM SCOPE AND LIMIT OF INSURANCE
<br /> Coverage shall be at least as broad as:
<br /> 1. Commercial General Liability(CGL): Insurance Services Office Form CG 00 01 covering CGL on an
<br /> "occurrence" basis, including products and completed operations, property damage, bodily injury and
<br /> personal & advertising injury with limits no less than $1,000,000 per occurrence and $2,000,000 general
<br /> aggregate.
<br /> 2. Cyber liability: Insurance, with limits not less than$2,000,000 per occurrence or claim and
<br /> $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the duties and obligations as is
<br /> undertaken by PlanetBids in this agreement and shall include, but not be limited to, claims involving
<br /> security breach,system failure, data recovery, business interruption, cyber extortion, social engineering,
<br /> infringement of intellectual property, including but not limited to infringement of copyright, trademark,
<br /> trade dress, invasion of privacy violations, information theft, and release of private information.The
<br /> policy shall provide coverage for breach response costs, regulatory fines and penalties as well as credit
<br /> monitoring expenses.
<br /> 3.Technology Professional Liability-Errors and Omissions Insurance (E&O): appropriate to the
<br /> Consultant's profession and work hereunder,with limits not less than $2,000,000 per occurrence and
<br /> $2,000,000 aggregate. Coverage shall be sufficiently broad to respond to the duties and obligations as is
<br /> undertaken by the PlanetBids in this agreement and shall include, but not be limited to, claims involving
<br /> business interruption, damage to or destruction of electronic information, and alteration of electronic
<br /> information, The policy shall provide coverage for PlanetBids's failure to provide professional services
<br /> and/or products under this Agreement. The Policy shall include, or be endorsed to include, damage to,
<br /> alteration of, loss of,or destruction of electronic data and/or information "property" of Customer in the
<br /> care, custody, or control of PlanetBids.
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