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PENNCREDIT- 2014
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Last modified
7/7/2016 1:17:44 PM
Creation date
2/12/2015 9:23:37 AM
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Contracts
Company Name
PENNCREDIT
Contract #
A-2014-146
Agency
FINANCE & MANAGEMENT SERVICES
Council Approval Date
6/17/2014
Expiration Date
6/30/2017
Insurance Exp Date
8/19/2016
Destruction Year
2022
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2. COMPENSATION <br />a. Consultant shall retain commission on all monies collected on assigned <br />accounts as set forth in Section 1 above "SCOPE OF SERVICES ". <br />This Agreement shall commence on July 1, 2014 and terminate on June 30, 2017, <br />unless terminated earlier in accordance with Section 12, below. <br />4. INDEPENDENT CONTRACTOR <br />Consultant shall, during the entire tern of this Agreement, be construed to be an <br />independent contractor and not an employee of the City. This Agreement is not intended <br />nor shall it be construed to create an employer - employee relationship, a joint venture <br />relationship, or to allow the City to exercise discretion or control over the professional <br />manner in which Consultant performs the services which are the subject matter of this <br />Agreement; however, the services to be provided by Consultant shall be provided in a <br />manner consistent with all applicable standards and regulations governing such services. <br />Consultant shall pay all salaries and wages, employer's social security taxes, rinemployment <br />insurance and similar taxes relating to employees and shall be responsible for all applicable <br />withholding taxes. <br />5. INSURANCE <br />Prior to undertaking performance of work under this Agreement, Consultant shall <br />maintain and shall require its subcontractors, if any, to obtain and maintain insurance as <br />described below: <br />a. Due to the nature of services provided, Commercial General Liability <br />insurance is not required. <br />b. Worker's Compensation Insurance. In accordance with the provisions of <br />Section 3300 of the Labor Code, Consultant, if Consultant has any employees, is required <br />to be insured against liability for worker's compensation or to undertake self - insurance. <br />Prior to commencing the performance of the work under this Agreement, Consultant <br />agrees to obtain and maintain any employer's liability insurance with limits not less than <br />$1,000,000 per accident. <br />Q. Professional Liability (Errors & Omissions) insurance, with a combined single <br />limit of not less than $1,000,000 per claim. <br />d. The following requirements apply to the insurance to be provided by <br />Consultant pursuant to this section: <br />
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