|
4. claims for damages insured by reasonably
<br />available personal injury liability coverage which are sus-
<br />tained: (i) by any person as a result of an offense directly
<br />or indirectly related to the employment of such person by
<br />CONTRACTOR. or (ii) by any other person for any
<br />other reason;
<br />5. claims for damages. other than to the Work
<br />itself, because of injury to or destruction of tangible
<br />property wherever located, including loss of use resulting
<br />therefrom; and
<br />6. claims for damages because of bodily injury or
<br />death of any person or property damage arising out of the
<br />ownership, maintenance or use of any motor vehicle.
<br />B. The policies of insurance so required by this
<br />paragraph 5.04 to be purchased and maintained shall:
<br />1. with respect to insurance required by paragraphs
<br />5.04.A.3 through 5.04.A.6 inclusive, include as
<br />additional insureds (subject to any ctutomary exclusion in
<br />respect of professional liability) OWNER, ENGINEER,
<br />ENGINEER's Consultants, and any other individuals or
<br />entities identified in the Supplementary Conditions, all of
<br />whom shall be listed as additional insureds, and include
<br />coverage for the respective officers, directors, partners,
<br />employees, agents, and other consultants and
<br />subcontractors of each and any of all such additional
<br />insureds, and the insurance afforded to these additional
<br />insureds shall provide primary coverage for all claims
<br />covered thereby;
<br />2. include at least the specific coverages and be
<br />written for not less than the limits of liability provided in
<br />the Supplementary Conditions or reqtured by Laws or
<br />Regulations. whichever is greater;
<br />3. include completed operations insurance;
<br />4. include contractual liability insurance covering
<br />CONTRACTOR's indemnity obligations under para-
<br />graphs 6.07, 6.11, and 6.20;
<br />5. contain a provision or endorsement that the
<br />coverage afforded wdl not be canceled, materially
<br />changed or renewal refused until at least thirty days prior
<br />written notice has been given to OWNER and
<br />CONTRACTOR and to each other additional insured
<br />identified in the Supplementary Conditions to whom a
<br />certificate of insurance har been issued (and the
<br />certificates of insurance furnished by the CONTRAC'T'OR
<br />pursuant to paragraph 5.03 will so provide);
<br />6. remain in effect at kart until final payment and
<br />at all times thereafter when CONTRACTOR may be
<br />correcting, removing, or replacing defective Work in
<br />accordance with paragraph 13.07; and
<br />7. with respect to completed operations insurance,
<br />and any insurance coverage written on a claims -made
<br />basis, remain in effect for at least two years after final
<br />payment (and CONTRACTOR shall furnish OWNER and
<br />each other additional insured identified in the supple-
<br />mentary Conditions, to whom a certificate of insurance
<br />has been issued, evidence satisfactory to OWNER and
<br />any such additional insured of continuation of such
<br />insurance at final payment and one year thereafter).
<br />5.05 OWNER's Uabiliry Insurance
<br />A. In addition to the insurance. required to be provided
<br />by CONTRACTOR under paragraph 5.04, OWNER, at
<br />OWNER's option, may purchase and maintain at OWNER's
<br />expense OWNER's own liability insurance as will protect
<br />OWNER against claims which may arise from operations
<br />under the Contract Documents.
<br />5.06 Property Insurance
<br />A. Unless otherwise provided in the Supplementary
<br />Conditions, OWNER shall purchase and maintain property
<br />insurance upon the Work at the Site in the amount of the full
<br />replacement cost thereof (subject to such deductible amounts
<br />as may be provided in the Supplementary Conditions or
<br />required by Laws and Regulations). This insurance shall:
<br />1. include the interests of OWNER, CONTRAC-
<br />TOR, Subcontractors, ENGINEER. ENGINEER's
<br />Consultants, and any other individuals or entities kknti-
<br />fted in the Supplementary Conditions, and the officers,
<br />fin, pin. employees. agents, and other
<br />consultants and subcontractors of each and any of them,
<br />each of whom is deemed to have an insurable iaterest and
<br />shall be listed as an additional insured;
<br />2. be written on a Builder's Risk 'all -risk" or open
<br />peril or special causes of loss policy form that shall at
<br />least include insurance for physical loss or damage to the
<br />Work, temporary btuldmgs, false work, and materials and
<br />equipment m transit, and shall insure against at least the
<br />following perils or causes of loss: fire, lightning,
<br />extended coverage, theft, vandalism and malicious
<br />mischief. earthquake, collapse, debris removal,
<br />demolition occasioned by enforcement of Laws and
<br />Regulations, water damage, and such other perils or
<br />causes of loss as may be specifically required by the
<br />�rpplementary Conditions;
<br />3. include expenses incurred m the repair or
<br />replacement of any insured property Ctncluding but not
<br />limited to fees and charges of engineers and architects);
<br />00700-16
<br />
|