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4 . include contractual ' liability insurance , covering CONTRACTOR's indemnity obligations under paragraphs 6 .07 , 6 . 11 , and 6 .20 ; 5 . contain a provision or endorsement and any of them , eaGh of whom is deerned to that the coverage afforded will not be canceled , have aR insurable iRteFest and shall be- listed as materially changed or renewal refused until at an addetioRal iRs6iFed ; least thirty days prior written notice has been given to OWNER and CONTRACTOR and to 2 be wFitten on a >_ sk I{ It I ' each other additional insured identified in the Supplementary Conditions to whom a certificate of insurance has been issued (and the certificates of insurance furnished by the CON - , TRACTOR pursuant to paragraph 5 . 03 will so equipment in �ilpld at provide); 6 . remain in effect at least until final payment and at all times thereafter when CON - debFiS Femoval , TRACTOR may be correcting , removing , or replacing defective Work in accordance with damage , paragraph 13 .07 ; and - red by the 7 , with respect to completed operations insurance, and any insurance coverage written 31 on a claims-made basis , remain in effect for at least two years after final payment (and CONTRACTOR shall furnish OWNER and each other additional insured identified in the Supplementary Conditions , to whom a certificate of insurance has been issued , stored at the Site or at another n that was evidence satisfactory to OWNER and any such agreed to in writi NER prior to being additional insured of continuation of such incor in the Work, provided that such insurance at final payment and one year thereafter). 5 . 05 OWNER 's Liability Insurance ENGINEER; 5 , allow for partial utilization a Work by OWNER; provided by CONTRACTOR under par p 54 OWNER, at OWNER's option y purchase and 6 . include testing startup ; and maintain at OWNER's se OWNER's own liability insurance as ' protect OWNER against claims 7 . be main ned in effect until final pay- ment is mad nless otherwise agreed to in writing b WNER, CONTRACTOR, and ENGIN R with 30 days written notice to each 5 . 06 Property Insurance oth additional insured to whom a certificate of mentary Conditions , OWNER shall purchase d B . OWNER shall PUFGhase and F:Ra;RtaiR SUGh maintain property insurance upon the Work at the ite in the amount of the full replacement cost th reof be Mquiized by the c9i:ipplepneRta� r (subject to such deductible amounts as m y be provided in the Supplementary Conditions or quired the interests ef—AWN € R, " AtGT by Laws and Regulations ) . This insurance s II : S' ibsentrastom , ENGINEER, €NEIN€ €R�-waSUI - 1 , include the interests o OWNER, the SwpplemeRtaFy GGRIGINGRs , E)aGh Of Whern *6 00700 - 16 00700 - General Conditions REV 04-07 FAEngineering\Capital Projects\0206 5th ST SW & 43rd AVE ridge Replacement & Roadway Improvements\CONTRACT BID\00700 - General Conditions REV 04-07.doc