Agenda - Council - 08/23/2016 - Laserfiche WebLink

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deductible amounts as may be provided in the each other additional insured to whom a Supplementary Conditions or required by certificate of insurance has been issued. Laws and Regulations).This insurance shall: B. Owner shall purchase and maintain such 1. include the interests of Owner, boiler and machinery insurance or additional Contractor, Subcontractors, and property insurance as may be required by the Engineer, and any other individuals or Supplementary Conditions or Laws and entities identified in the Supplementary Regulations which will include the interests of Conditions, and the officers, directors, Owner, Contractor, Subcontractors, and partners, employees, agents, consultants Engineer,and any other individuals or entities and subcontractors of each and any of identified in the Supplementary Conditions, them, each of whom is deemed to have and the officers, directors, partners, an insurable interest and shall be listed as employees, agents, consultants and an insured or additional insured; subcontractors of each and any of them, each of whom is deemed to have an insurable 2. be written on a Builder's Risk "all-risk" interest and shall be listed as an insured or or open peril or special causes of loss additional insured. policy form that shall at least include insurance for physical loss or damage to C. All the policies of insurance (and the the Work, temporary buildings, false certificates or other evidence thereof)required work, and materials and equipment in to be purchased and maintained in accordance transit, and shall insure against at least with Paragraph 5.06 will contain a provision the following perils or causes of loss: or endorsement that the coverage afforded fire, lightning, extended coverage, theft, will not be canceled or materially changed or vandalism and malicious mischief, renewal refused until at least 30 days prior earthquake, collapse, debris removal, written notice has been given to Owner and demolition occasioned by enforcement of Contractor and to each other additional Laws and Regulations, water damage, insured to whom a certificate of insurance has (other than caused by flood) and such been issued and will contain waiver other perils or causes of loss as may be provisions in accordance with Paragraph 5.07. specifically required by the Supplementary Conditions; D. Owner shall not be responsible for purchasing and maintaining any property insurance 3. include expenses incurred in the repair or specified in this Paragraph 5.06 to protect the replacement of any insured property interests of Contractor, Subcontractors, or (including but not limited to fees and others in the Work to the extent of any charges of engineers and architects); deductible amounts that are identified in the Supplementary Conditions. The risk of loss 4. cover materials and equipment stored at within such identified deductible amount will the Site or at another location that was be borne by Contractor, Subcontractors, or agreed to in writing by Owner prior to others suffering any such loss, and if any of being incorporated in the Work,provided them wishes property insurance coverage that such materials and equipment have within the limits of such amounts, each may been included in an Application for purchase and maintain it at the purchaser's Payment recommended by Engineer; own expense. 5. allow for partial utilization of the Work by Owner; 6. include testing and startup;and 7. be maintained in effect until final payment is made unless otherwise agreed to in writing by Owner, Contractor, and Engineer with 30 days written notice to Standard General Conditions 00 72 00-15