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to the same conditions as those applicable to the bond otherwise <br /> required . The determination of the value of an alternative form of security <br /> shall be made by the OWNER . <br /> 3 . Such Bonds shall continue in effect for one ( 1 ) year after acceptance of <br /> the Work by the OWNER. <br /> 4 . The CONTRACTOR shall record , the Payment Bond and the <br /> Performance Bond with the Public Record Section of the Indian River <br /> County Courthouse located at 2000 16th Avenue , Vero Beach , Florida <br /> 32960 . The recorded bonds shall be forwarded to the Indian River <br /> County Purchasing Division on or before the seventh day after they are <br /> recorded . The CONTRACTOR shall pay all costs . <br /> SC -5 . 03 Certificates of Insurance <br /> SC-5 . 03 Delete the second sentence of paragraph GC-5. 03 in its entirety. <br /> SC -5 . 04 CONTRACTOR's Liability Insurance <br /> SC-5 . 04 Add the following new paragraphs immediately after paragraph GC-5. 04. 8: <br /> C . The limits of liability for the insurance required by paragraph 5 . 04 of the General <br /> Conditions shall provide coverage for not less than the following amounts or <br /> greater where required by Laws and Regulations : <br /> 1 . Worker's Compensation : To meet statutory limits in compliance with the <br /> Worker's Compensation Law of Florida . This policy must include <br /> Employer Liability with a limit $ 100, 000 for each accident, $500 , 000 <br /> disease (policy limit) and $ 100 , 000 disease (each employee ) . Such <br /> policy shall include a waiver of subrogation as against OWNER and <br /> ENGINEER on account of injury sustained by an employee (s ) of the <br /> CONTRACTOR. <br /> 2 , Commercial General Liability: Coverage shall provide minimum limits of <br /> liability of $ 1 , 000 , 000 per occurrence Combined Single Limit for Bodily <br /> Injury and Property Damage . This shall include coverage for: <br /> a . Premises/Operations <br /> b . Products/Completed Operations <br /> C, Contractual Liability <br /> d . Independent Contractors <br /> e . Explosion <br /> f. Collapse <br /> g . Underground . <br /> 3 . Business Auto Liability : Coverage shall provide minimum limits of liability <br /> of $ 1 , 000 , 000 per occurrence Combined Single Limit for Bodily Injury and <br /> Property Damage . This shall include coverage for: <br /> a . Owner Autos <br /> b . Hired Autos <br /> C, Non-Owned Autos . <br /> 4 . CONTRACTOR's "All Risk" Insurance : CONTRACTOR shall secure <br /> Builders ' Risk "All Risk" insurance at his expense and provide properly <br /> completed and executed " Certificates of Insurance and Insurance <br /> Endorsement" forms in the exact wording and format presented in these <br /> Contract Documents before starting work. <br /> 5 . Special Requirements : <br /> a . Ten ( 10) days prior to the commencement of any work under this <br /> Contract, certificates of insurance and endorsement forms in the <br /> exact wording and format as presented in these Contract <br /> 00800-3 <br /> 00800 - Supplementary conditions <br /> 00800 3F:\Engineering\Capital Projects\0604-12th St Sidewalk Improve between 43rd Ave & 27th Ave\Bid Documents\00800 - Supplementary Conditions.doc <br />