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' 4 . include contractual liability insurance covering extended coverage , theft , vandalism and malicious <br /> CONTRACTOR's indemnity obligations under para- mischief, earthquake, collapse , debris removal , <br /> graphs 6 . 07 , 6. 11 , and 6 .20; demolition occasioned by enforcement of Laws and <br /> ' Regulations , water damage, and such other perils or <br /> 5. contain a provision or endorsement that the causes of loss as may be specifically required <br /> by the <br /> coverage afforded will not be canceled , materially Supplementary Conditions ; <br /> changed or renewal refused until at least thirty days <br /> prior written notice has been given to OWNER and 3 . include expenses incurred in the repair or <br /> CONTRACTOR and to each other additional insured replacement of any insured property ( including but not <br /> identified in the Supplementary Conditions to whom a limited to fees and charges of engineers and architects ); <br /> certificate of insurance has been issued (and the <br /> certificates of insurance furnished by the CONTRAC- 4 . cover materials and equipment stored at the Site <br /> ' TOR pursuant to paragraph 5 . 03 will so provide); or at another location that was agreed to in writing by <br /> OWNER prior to being incorporated in the Work, <br /> 6. remain in effect at least until final payment and at provided that such materials and equipment have been <br /> all times thereafter when CONTRACTOR may be included in an Application for Payment recommended <br /> correcting , removing , or replacing defective Work in by ENGINEER; <br /> accordance with paragraph 13 . 07; and <br /> 5. allow for partial utilization of the Work by <br /> ' 7. with respect to completed operations insurance, OWNER; <br /> and any insurance coverage written on a claims-made <br /> basis , remain in effect for at least two years after final 6. include testing and startup; and <br /> payment (and CONTRACTOR shall furnish OWNER <br /> ' and each other additional insured identified in the 7. be maintained in effect until <br /> final payment is <br /> Supplementary Conditions , to whom a certificate of made unless otherwise agreed to in writing by OWNER, <br /> insurance has been issued , evidence satisfactory to CONTRACTOR, and ENGINEER with 30 days written <br /> OWNER and any such additional insured of continuation notice to each other additional insured to whom a certifi- <br /> of such insurance at final payment and one year cate of insurance has been issued . <br /> thereafter). <br /> B . OWNER shall purchase and maintain such boiler and <br /> 5. 05 OWNER 's Liability Insurance machinery insurance or additional property insurance as may be <br /> ' required by the Supplementary Conditions or Laws and <br /> A. In addition to the insurance required to be provided by Regulations which will include the interests of <br /> OWNER, <br /> CONTRACTOR under paragraph 5. 04, OWNER, at OWNER's CONTRACTOR, Subcontractors , ENGINEER, ENGINEER's <br /> option, may purchase and maintain at OWNER's expense Consultants , and any other individuals or entities identified <br /> in the <br /> ' OWNER's own liability insurance as will protect OWNER Supplementary Conditions , each of whom is deemed to <br /> have an <br /> against claims which may arise from operations under the insurable interest and shall be listed as an insured <br /> or additional <br /> Contract Documents . insured. <br /> ' 5. 06 Property Insurance C. All the policies of insurance (and the certificates or <br /> other evidence thereof) required to be purchased and <br /> A. Unless otherwise provided in the Supplementary maintained in accordance with paragraph 5 . 06 will <br /> contain a <br /> Conditions , OWNER shall purchase and maintain property provision or endorsement that the coverage afforded will <br /> not be <br /> insurance upon the Work at the Site in the amount of the full canceled or materially changed or renewal refused <br /> until at least <br /> replacement cost thereof (subject to such deductible amounts 30 days prior written notice has been given to OWNER <br /> and <br /> as may be provided in the Supplementary Conditions or CONTRACTOR and to each other additional insured <br /> to whom a <br /> required by Laws and Regulations ). This insurance shall : certificate of insurance has been issued and will contain waiver <br /> ' provisions in accordance with paragraph 5 . 07. <br /> 1 . include the interests of OWNER, CONTRAC- <br /> TOR, Subcontractors , ENGINEER, ENGINEER's D . OWNER shall not be responsible for purchasing and <br /> Consultants , and any other individuals or entities identi- maintaining any property insurance specified in this paragraph <br /> ' fied in the Supplementary Conditions, and the officers , 5.06 to protect the interests of CONTRACTOR, Subcontractors , <br /> directors , partners , employees , agents , and other or others in the Work to the extent of any deductible amounts <br /> consultants and subcontractors of each and any of that are identified in the Supplementary Conditions . The <br />risk of <br /> them , each of whom is deemed to have an insurable loss within such identified deductible amount will be bome <br /> by <br /> ' interest and shall be listed as an additional insured ; CONTRACTOR , Subcontractors , or others suffering any such <br /> loss , and if any of them wishes property insurance coverage <br /> 2. be written on a Builder's Risk "all-risk" or open within the limits of such amounts , each may <br /> purchase and <br /> peril or special causes of loss policy form that shall at maintain it at the purchaser's own expense. <br /> ' least include insurance for physical loss or damage to <br /> the Work, temporary buildings , false work, and materials E . If CONTRACTOR requests in writing that other <br /> and equipment in transit , and shall insure against at special insurance be included in the property insurance <br /> policies <br /> least the following perils or causes of loss : fire , lightning , provided under paragraph 5. 06 , OWNER shall , <br />if possible, <br /> ' 044572000 <br /> 00700 - 14 <br />