Reso 2005-825 - Laserfiche WebLink

Home Browse Search

II u (l LJ'- in Ibis paragraph 4.06.E sba11 obligate OWNER to indemnify any iDd.ividual or CDlity from aod against the cooscqucoces of rha1 iDdividual', or CDtity'S own negligence. n H. To lbc fullest CxtcDl permitted by Laws and Regulations, CONTRACTOR sball indemnify and hold barm1ess OWNER., ENGINEER, ENGINEER's CoosultalllS, and lbc officers, dirccIon, partDerS, employees, agents, other COIISU1taDtS, and sutx:oDb'aCtOrS of each and aD)' of them from and agaiDst an claims, costs, losses, and damagcs (including but DOt limited to a11 fees and charges of engineers, arctUtedS, anomeys, and other professionals and all court or arbitration or other dispute resolution costs) arising out of or relatiDg 10 a Hazardous EnviroameDtaI Condition created by CONTRACTOR or by anyone for whom CONTRACTOR is responsible. NotbiDg in this paragraph 4.06.F shall obligate CONTRACTOR to indemnify any individual or entity from and against the consequences of that individual's or catity's owo negligcnce. LJ n u n u n U II u n I. The provisioos of paragraphs 4.02, 4.03, and 4.04 arc DOt imended to apply 10 a Hazardous Environmental Condition uncovered or revealed at the Site. u II LJ ARTICLE 5 - BONDS AND INSURANCE (l 5.01 Perjomwnce, .Payment. and Other Bonds u II A. CONTRACTOR shall furnish performance and paymeDt Bouds, each in aD. amoum at least equal to the CoDttaCt Price as security for tbe faithful performamce aod pa)'meat of all CONTllACI'OR's obliptioDS UDder thc Coauact ~. These BoDds IhaIl remain in effect at leat uad1 ODe YCIr after die dare wbca fiDal paymc:Dt becomeI due. em:pt II proYidcd 0IberwiIe by Laws or Rer1n- or by die CoaInct"'-~. CONTRAcroR sball also fumish such oCbl:r.Boods IS arc required by the CoIIttact DocumentJl. u (I u II L.J II B. All Bouds shall be in the form prescribed by the CoIIUaCt DocumeDtS escept as provided otherwise by Laws or hguIaDoas, and sbaIJ be executed by such sureties IS are DIIDClCl in dIc curratt list of .~11''''$ Holdiag Certificates of Authority IS Acceptable Sureties on FcderaI Bonds aDd as Accep1ablc R.ciDsuriDg CompaniC$- IS publisbcd in Circular S70 (~ by die fiaIDcial ~~ Service, SIRCy DoDd!raach. U.S. DcpanmeDt of Ibe Treasury. All Boads sip:d by aD IgCDl must be accompanied by . ccnified copy of IUCI1 agcac" aurboritf to let. C. If the surety on &DY BoDd fumished by CON- nu.croR Is declared baabupt or bec:omcs iDsolvCDl or ibi right to do busiDcss Is tcrDIiDaled iD aay stale where aay part of Cbc Project Is located or It ceases to meet Cbc requirements LJ 11 U n u n LJ II LJ n 00700 - IS LJ of paragraph S.OI.B, CONTRACTOR shall withia 20 days thereafter substitute another Bond and surety, both of which sball comply with Ihe requirements of paragraphs S.OI.B and 5.02. 5.02 Licensed Sureties and Insurers A. All Bonds and insurance required by the Contract Documenls to be purchased and maintained by OWNER or CONTRACTOR shall be obtaincclJrom surety or insurance . companies that are duly licensed or authorized in the jurisdiction in which the Project is located to issue Bonds or insurance policies for lbe limits and coverages so required. Such surety and iDsuraDCC companies shall also meet such additional rcquiremecIS and qualifications as may be provided in the Supplementary .Conditions. 5.03. ~nifiCQJes of Insurance A. CONTRAcrOR shall deliver to OWNER, with copies to each additional insured identified in the Supple- meDtary CoaditiODS, certificates of iDsuraDce (aDd other evideDce of insurance requested by OWNER or any other additional insured) which CONTRAcrOR is required to purchase and mllintJlin. OWNER Shan deliver to CONTRACTOR, with copies to each additional insured identified in the Supplementary Conditions, certificates of insurance (aDd other evidence of insurance requested by CONTRACTOR or any other additional insured) which OWNER is required 10 purchase and JIlai"taiD. 5.04 CONTRAcrOR's liobility Insurance A. CONTRACTOR shall purchase aud m.intllil1 such liability and other insuraDce as is appropriate for the Work beia& performed aad as.will provide pIOteCtioD from claims set fordl below 'Whid1 may .arise out of or result from CONTRAC1OR'I performiDce of rbe Work aDd ~NTRAcroR'I, ocher' obUplioos UDder. tile Ccmttact . Doc-~I!ftk, whether it .is to be pcdormed. by CONTRACTOR, my Subcoatractor or Supplier, or by anyoDC diredly or iDdirectly employed by any of Ihem to perform any of thc Work, or by anyone for whose acts any of them may be liable: 1. claims UDder workers'. compensation, disability benefits, and other aimllar employee benefit acts; 2. claims for ~cs because of bodily injury, occupational sicbas or disease, or death of CONTRAC1OR'I.employc:el; l' 3. claims for damages because of bodily injury, sickDess or disease, or death o~ any perIOD odIcr than CONTRACTOR', employc:el;