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3. include completed operations insurance, Supplementary Conditions, and the officers,
<br /> directors, partners, employees, agents, consultants
<br /> 4. include contractual liability insurance and subcontractors of each and any of them,each of
<br /> covering Contractor's indemnity obligations under whom is deemed to have an insurable interest and
<br /> Paragraphs 6.11 and 8.20; shall be listed as an insured or additional insured;
<br /> 5, contain a provision or endorsement that 2. be written on a Builder's Risk 'all-risk`or
<br /> the coverage afforded will not be canceled, rnateri- open peril or special causes of loss policy form that
<br /> ally changed or renewal refused until at least 30 shall at least include insurance for physical loss or
<br /> days prior written notice has been given to Owner damage to the Work, temporary buildings, false
<br /> and Contractor and to each other additional insured work, and materials and equipment in transit, and
<br /> identified in the Supplementary Conditions to whom shall insure against at least the following perils or
<br /> a certificate of insurance has been issued (and the causes of loss fire, lightning, extended coverage,
<br /> certificates of insurance furnished by the Contractor theft, vandalism and malicious mischief, earthquake,
<br /> pursuant to Paragraph 5.03 will so provide); collapse, debris removal, demolition occasioned by
<br /> enforcement of Laws and Regulations, water dam-
<br /> &remain in effect at least until final payment age, (other than caused by flood) and such other
<br /> and at all times thereafter when Contractor may be perils or causes of loss as may be specifically
<br /> correcting, removing, or replacing defective Work in required by the Supplementary Conditions.
<br /> accordance with Paragraph 13 07:and
<br /> 3. include expenses incurred in the repair or
<br /> 7 with respect to completed operations replacement of any insured property (including but
<br /> insurance, and any insurance coverage written on a not limited to fees and charges of engineers and
<br /> claims-made basis, remain in effect for at least two architects);
<br /> years after final payment
<br /> 4. cover materials and equipment stored at
<br /> a, Contractor shall furnish Owner and each the Site or at another location that was agreed to in
<br /> other additional insured identified in the writing by Owner prior to being incorporated in the
<br /> Supplementary Conditions, to whom a Work, provided that such materials and equipment
<br /> certificate of insurance has been issued, have been included in an Application for Payment
<br /> evidence satisfactory to Owner and any recommended by Engineer;
<br /> such additional insured of continuation of
<br /> such insurance at final payment and one 5. allow for partial utilization of the Work by
<br /> year thereafter. Owner;
<br /> 5.05 Owner's Liability Insurance 6. include testing and startup and
<br /> A. In addition to the insurance required to be 7. be maintained in effect until final payment
<br /> provided by Contractor under Paragraph 504, is made unless otherwise agreed to in writing by
<br /> Owner, at Owner's option, may purchase and Owner, Contractor, and Engineer with 30 days
<br /> maintain at Owner's expense Owner's own liability written notice to each other additional insured to
<br /> insurance as will protect Owner against claims which whom a certificate of insurance has been issued.
<br /> may arise from operations under the Contract Docu-
<br /> ments B. Owner shall purchase and maintain such
<br /> boiler and machinery insurance or additional
<br /> 5,08 Property Insurance property insurance as may be required by the
<br /> Supplementary Conditions or Laws and Regulations
<br /> A. Unless otherwise provided in the Supple- which will include the interests of Owner, Contractor
<br /> mentary Conditions, Owner shall purchase and Subcontractors, and Engineer, and any other
<br /> maintain property insurance upon the Work at the individuals or entities identified in the Supplementary
<br /> Site in the amount of the full replacement cost Conditions, and the officers, directors, partners.
<br /> thereof(subject to such deductible amounts as may employees, agents, consultants and subcontractors
<br /> be provided in the Supplementary Conditions or of each and any of them, each of whom is deemed
<br /> required by Laws and Regulations). This insurance to have an insurable interest and shall be listed as
<br /> shall. an insured or additional insured
<br /> 1. include the interests of Owner, C. All the policies of insurance (and the
<br /> Contractor, Subcontractors, and Engineer, and any certificates or other evidence thereof) required to be
<br /> other individuals or entities identified in the purchased and maintained in accordance with
<br /> ERIK'C-700 Standard General Conditions of the Constr ono e Contrret.
<br /> Copyright C 2002 National Society of Professional Engineers for EJCUC. All rights reuntd
<br /> 00700-16
<br /> 03/12 11-4179
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