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Notices of Award: Charter Bus Services — RFP 016-0-2024/KG

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additional, one (1) year renewal terms, upon the same price, terms, and conditions set forth in the negotiated contract resulting from this RFP. WW. Time is of the Essence: Time is of the essence in this Contract. Successful Offeror expressly acknowledges that in the performance of its obligations, NNPS is relying on timely performance and will schedule operations and incur obligations to third parties in reliance upon timely performance by Successful Offeror and may sustain substantial losses by reason of untimely performance. XX. Insurance: 1. Contractor shall submit to the NNPS Contract Administrator certificates of insurance (COI), prior to beginning work under the Contract and no later than ten (10) days after award of the Contract. 2. All policies of insurance required herein shall be written by insurance companies licensed to conduct the business of insurance in Virginia, and acceptable to Owner, and shall carry the provision that the insurance will not be cancelled or materially modified without thirty days (30) prior written notice to the Owner or to the extent permitted by Virginia law. 3. The certificates of insurance shall list NNPS, 12465 Warwick Boulevard, Newport News, Virginia, 23606-0130, as the additional insured for the specified project as outlined in this RFP. Copies of actual endorsements to the policy shall be required to confirm any special request, such as additional insured status. A COI shall not be issued or delivered that gives the impression there are coverage terms the referenced policy does not specifically provide. IT IS THE RESPONSIBILITY OF THE CONTRACTOR TO IMMEDIATELY NOTIFY THE OWNER SHOULD ANY POLICY BE CANCELLED. FAILURE TO NOTIFY THE OWNER SHALL CONSTITUTE A MATERIAL BREACH OF THE CONTRACT. Forms Limits Workers' Compensation Statutory Automobile Liability $1,000,000 Combined Single Limit Commercial General Liability $ 1 ,000,000 Combined Single Limit Including Contractual Liability and Products Umbrella/Excess Liability $5,000,000 The establishment of minimum limits of insurance by NNPS does not reduce or limit the liability or responsibilities of the Successful Offeror. YY. Unauthorized Disclosure of Information: Successful Offeror shall assume the entire responsibility and liability for any and all damages caused by or resulting from or arising out of the negligent or willful unauthorized disclosure of confidential information on the part of the Successful Offeror, its subcontractors, agents or employees under or in connection with this contract. The Successful Offeror shall save harmless and indemnify NNPS and its agents, volunteers, 26
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