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I <br /> 3. include completed operations insurance; Supplementary Conditions, and the officers, <br /> I 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 6.20; shall be listed as an insured or additional insured; <br /> I5. 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, materi- open peril or special causes of loss policy form that <br /> I 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 /> I 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 /> 6. 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 /> I 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 /> I 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 /> 1 a. Contractor shall furnish Owner and each <br /> other additional insured identified in the the Site or at another location that was agreed to in <br /> 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 /> I 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 /> I 5.05 Owner's Liability Insurance 6. include testing and startup; and <br /> I A. In addition to the insurance required to be 7 be maintained in effect until final payment <br /> provided by Contractor under Paragraph 5.04, 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 /> I 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 /> 5.06 Property Insurance property insurance as may be required by the <br /> Supplementary Conditions or Laws and Regulations <br /> I 4. A. Unless otherwise provided in the Supple- which will include the interests of Owner, Contractor, <br /> Supple- <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 /> I 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 /> Ishall: an insured or additional insured. <br /> 1. include the interests of Owner, C. All the policies of insurance (and the <br /> I 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 /> EJCDC C-700 Standard General Conditions of the Construction Contract. <br /> Copyright®2002 National Society of Professional Engineers for EJCDC. All rights reserved. <br /> I00700. 16 <br /> 04/08 Final Version 05-4893 <br />