1. The number of the policy;
  2. The effective date;
  3. The termination date; and,
  4. A statement that the insurer will mail notice to KSU at least thirty (30) days prior to any material changes in the provisions or cancellations of the policy.
  5. The Certificate Holders Box must read as follows:
  6. Kentucky State University
  7. c/o Purchasing Department
  8. 400 East Main Street
  9. Frankfort, Kentucky 40601
  10. Receipt of certificates, other documentation of insurance, policies, or copies of policies by KSU, or by its representatives, which indicate less coverage than is required does not constitute a waiver of the CONTRACTOR's obligation to fulfill the insurance requirements specified herein.
  11. The CONTRACTOR shall ensure that any sub-contractor(s) hired to perform any of the duties contained in the Scope of Services of this Agreement maintain the same insurance requirements set forth herein. In addition, the CONTRACTOR shall maintain proof of same on file and make readily available upon request.

C) Compensation:

  • The total compensation during the term of this Agreement shall not exceed ONE MILLION TWO HUNDRED NINTETY-FOUR THOUSAND SIX HUNDRED THIRTY-ONE DOLLARS ($1,294,631), which is the amount to be paid based upon prices as set forth in the Order Form, “Exhibit B”, which is attached hereto and made a binding part hereof.
  • Compensation for services completed by the CONTRACTOR will be paid in accordance with Kentucky State University's Accounts Payable policy.
  • Services to be performed in accordance with this Agreement are subject to the annual appropriation of funds by KSU, and therefore, in its sole discretion, KSU reserves the right to forego use of the CONTRACTOR for any project which may fall within the Scope of Services listed herein.
  • In the event KSU is not satisfied with the services provided by the CONTRACTOR, KSU will hold any amounts due until such time as the CONTRACTOR has appropriately addressed the problem.
  • In conjunction with the agreement, a purchase order will be established by KSU prior to the start of any project, service, or work by the CONTRACTOR. Work to be provided under the Agreement will be authorized through the issuance of a Notice to Proceed (NTO) or Task Authorization (TA).
  • Address and Notice Change for KSU: Notwithstanding the address and contact information for the government entity as set forth in “Exhibit A,” the Contractor agrees to conduct business with and to provide all notices to: Attention, KSU Vice President for Student Engagement & Campus Life, at 400 East Main Street, Frankfort, Kentucky 40601.

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