Common use of Vendor Requirements Clause in Contracts

Vendor Requirements. As a vendor providing any type of good and/or service to an Adara community, corporate, or regional office, I must have a W-9 and any applicable professional licenses on file with the Adara Contracts Department. If I am providing any type of good and/or service which requires my company to send a representative to the community or office, I must also have a current certificate(s) of insurance on file with the Contracts Department; the amounts of coverage are detailed on the Vendor Checklist I have been provided and are always available at xxxxxxxxxxx.xxx/xxxxxxx. The certificate(s) of insurance must be accompanied by an additional insured endorsement for the general liability policy which includes Adara Communities and the ownership entities of the managed properties as an additional insured. Any applicable excess/umbrella policy is to be issued on a follows form basis. All coverage shall be primary and non-contributory. In addition a waiver of subrogation shall apply in favor of the aforementioned parties on all policies as permitted by law. The certificate(s) of insurance must remain current and any lapse in coverage will result in the termination of future purchases of goods and services. Annual renewal with the contracts department is a requirement of continuing as an approved vendor. Any lapse in services can and will result in nonpayment. Any claims or defenses that occur as a result of the vendor’s negligence with or without coverage are the sole responsibility of the vendor.

Appears in 4 contracts

Samples: Vendor Services Agreement, Vendor Services Agreement, Vendor Services Agreement

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