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of Work or for such other period for maintenance of completed operations coverage as specified in the Contract
<br />Documents.
<br />§ 11.1.3 Certificates of insurance acceptable to the Owner shall be filed with the Owner prior to commencement of
<br />the Work and thereafter upon renewal or replacement of each required policy of insurance. These certificates and the
<br />insurance policies required by this Section 11.1 shall contain a provision that coverages afforded under the policies
<br />will not be canceled or allowed to expire until at least 30 days' prior written notice has been given to the Owner. An
<br />additional certificate evidencing continuation of liability coverage, including coverage for completed operations,
<br />shall be submitted with the final Application for Payment as required by Section 9.10.2 and thereafter upon renewal
<br />or replacement of such coverage until the expiration of the time required by Section 11.1.2. Information concerning
<br />reduction of coverage on account of revised limits or claims paid under the General Aggregate, or both, shall be
<br />furnished by the Contractor with reasonable promptness.
<br />§ 11.1.4 The Contractor shall cause the commercial liability coverage required by the Contract Documents to include
<br />(1) the Owner, the Architect and the Architect's consultants as additional insureds for claims caused in whole or in
<br />part by the Contractor's negligent acts or omissions during the Contractor's operations; and (2) the Owner as an
<br />additional insured for claims caused in whole or in part by the Contractor's negligent acts or omissions during the
<br />Contractor's completed operations.
<br />§ 11.2 OWNER'S LIABILITY INSURANCE
<br />The Owner shall be responsible for purchasing and maintaining the Owner's usual liability insurance.
<br />§ 11.3 PROPERTY INSURANCE
<br />§ 11.3.1 Unless otherwise provided, the Owner shall purchase and maintain, in a company or companies lawfully
<br />authorized to do business in the jurisdiction in which the Project is located, property insurance written on a builder's
<br />risk "all-risk" or equivalent policy form in the amount of the initial Contract Sum, plus value of subsequent Contract
<br />Modifications and cost of materials supplied or installed by others, comprising total value for the entire Project at
<br />the site on a replacement cost basis without optional deductibles. Such property insurance shall be maintained,
<br />unless otherwise provided in the Contract Documents or otherwise agreed in writing by all persons and entities who
<br />are beneficiaries of such insurance, until final payment has been made as provided in Section 9.10 or until no person
<br />or entity other than the Owner has an insurable interest in the property required by this Section 11.3 to be covered,
<br />whichever is later. This insurance shall include interests of the Owner, the Contractor, Subcontractors and Sub -
<br />subcontractors in the Project.
<br />§ 11.3.1.1 Property insurance shall be on an "all-risk" or equivalent policy form and shall include, without limitation,
<br />insurance against the perils of fire (with extended coverage) and physical loss or damage including, without
<br />duplication of coverage, theft, vandalism, malicious mischief, collapse, earthquake, flood, windstorm, falsework,
<br />testing and startup, temporary buildings and debris removal including demolition occasioned by enforcement of any
<br />applicable legal requirements, and shall cover reasonable compensation for Architect's and Contractor's services
<br />and expenses required as a result of such insured loss.
<br />§ 11.3.1.2 If the Owner does not intend to purchase such property insurance required by the Contract and with all of
<br />the coverages in the amount described above, the Owner shall so inform the Contractor in writing prior to
<br />commencement of the Work. The Contractor may then effect insurance that will protect the interests of the
<br />Contractor, Subcontractors and Sub -subcontractors in the Work, and by appropriate Change Order the cost thereof
<br />shall be charged to the Owner. If the Contractor is damaged by the failure or neglect of the Owner to purchase or
<br />maintain insurance as described above, without so notifying the Contractor in writing, then the Owner shall bear all
<br />reasonable costs properly attributable thereto.
<br />§ 11.3.1.3 If the pr
<br />deductibles.
<br />§ 11.3.1.4 This pr
<br />Init.
<br />in transit.
<br />operty insurance requires deductibles, the Owner shall pay costs not covered because of such
<br />perty insurance shall cover portions of the Work stored off the site, and also portions of the Work
<br />§ 11.3.1.5 Partial occupancy or use in accordance with Section 9.9 shall not commence until the insurance company
<br />or companies providing property insurance have consented to such partial occupancy or use by endorsement or
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