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the Work, temporary buildings, false work, and include such insurance, and the cost thereof will be charged to <br /> materials and equipment in transit, and shall insure CONTRACTOR by appropriate Change Order or <br /> Written <br /> against at least the following perils or causes of loss: Amendment. Prior to commencement of the Work at the Site, <br /> fire, lightning, extended coverage, theft, vandalism and OWNER shall in writing advise CONTRACTOR whether or not <br /> malicious mischief, earthquake, collapse, debris such other insurance has been procured by OWNER. <br /> removal, demolition occasioned by enforcement of Laws <br /> and Regulations, water damage, and such other perils 5.07 Waiver of Rights <br /> or causes of loss as may be specifically required by the <br /> Supplementary Conditions; A. OWNER and CONTRACTOR intend that all policies <br /> purchased in accordance with paragraph 5.06 will protect <br /> 3. include expenses incurred in the repair or OWNER, CONTRACTOR, Subcontractors, ENGINEER, <br /> replacement of any insured property (including but not ENGINEER's Consultants, and all other individuals or entities <br /> limited to fees and charges of engineers and architects); identified in the Supplementary Conditions to be listed <br /> as <br /> insureds or additional insureds (and the officers, directors, <br /> 4. cover materials and equipment stored at the Site partners, employees, agents, and other consultants and <br /> or at another location that was agreed to in writing by subcontractors of each and any of them) in such policies <br /> and <br /> OWNER prior to being incorporated in the Work, will provide primary coverage for all losses <br /> and damages <br /> ' provided that such materials and equipment have been caused by the perils or causes of loss covered thereby. All <br /> included in an Application for Payment recommended such policies shall contain provisions to the effect that in <br /> the <br /> by ENGINEER; event of payment of any loss or damage the insurers will have <br /> no rights of recovery against any of the insureds or additional <br /> 5.allow for partial utilization of the Work by insureds thereunder. OWNER and CONTRACTOR waive all <br /> OWNER; rights against each other and their respective officers, directors, <br /> partners, employees, agents, and other consultards and <br /> 6. include testing and startup; and subcontractors of each and any of them for all losses and <br /> ' damages caused by, arising out of or resulting from any of the <br /> The maintained in effect until final payment is perils or causes of loss covered by such policies and any other <br /> made unless otherwise agreed to in writing by OWNER, property insurance applicable to the Work; and, in addition, <br /> CONTRACTOR, and ENGINEER with 30 days written waive all such rights against Subcontractors, ENGINEER, <br /> notice to each other additional insured to whom a ENGINEER's Consultants, and all other individuals or entities <br /> certificate of insurance has been issued. identified in the Supplementary Conditions to be listed as <br /> insureds or additional insureds (arid the officers, directors, <br /> B. OWNER shall purchase and maintain such boiler and partners, employees, agents, and other consultants and <br /> machinery insurance or additional property insurance as may be subcontractors of each and any of them) under such policies for <br /> required by the Supplementary Conditions or Laws and losses and damages so caused. None of the above <br /> waivers <br /> Regulations which will include the interests of OWNER, shall extend to the rights that any party making such <br /> waiver may <br /> CONTRACTOR, Subcontractors, ENGINEER, ENGINEER's have to the proceeds of insurance held by OWNER as trustee <br /> Consultants, and any other individuals or entities identified in or otherwise payable under any policy so issued. <br /> the Supplementary Conditions, each of whom is deemed to <br /> have an insurable interest and shall be listed as an insured or B. OWNER waives all rights against CONTRACTOR, <br /> additional insured. Subcontractors, ENGINEER, ENGINEER's Consultants, and <br /> the officers, directors, partners, employees, agents, and other <br /> C. All the policies of insurance (and the certificates or consultants and subcontractors of each and any of them for <br /> other evidence thereof) required to be purchased and <br /> maintained in accordance with paragraph 5.06 will contain a 1 . 1oss due to business interruption, loss of use, or <br /> provision or endorsement that the coverage afforded will not be other consequential loss extending beyond direct <br /> canceled or materially changed or renewal refused until at least physical loss or damage to OWNER's property or the <br /> M days prior written notice has been given to OWNER and Work caused by, arising out of, or resulting from fire or <br /> CONRACTOR and to each other additional insured to whom a other peril whether or not insured by OWNER; and <br /> certificate of insurance has been issued and will contain waiver <br /> provisions in accordance with paragraph 5.07. 2. 1oss or damage to the completed Project or part <br /> thereof caused by, arising out of, or resulting from fire or <br /> D. OWNER shall not be responsible for purchasing and other insured peril or cause of loss covered by any <br /> maintaining any property insurance specified in this paragraph property insurance maintained on the completed Project <br /> 5.06 to protect the interests of CONTRACTOR, Subcontractors, or part thereof by OWNER during partial utilization <br /> or others in the Work to the extent of any deductible amounts pursuant to paragraph 14.05, after Substantial <br /> that are identified in the Supplementary Conditions. The risk of Completion pursuant to paragraph 14.04, or after final <br /> loss within such identified deductible amount will be bome by payment pursuant to paragraph 14.07. <br /> CONTRACTOR, Subcontradors, or others suffering any such <br /> I=, and if any of them wishes property insurance coverage C. Any insurance policy maintained by OWNER covering <br /> within the limits of such amounts, each may purchase and any loss, damage or consequential loss referred to in paragraph <br /> maintain it at the purchaser's own expense. 5.07. 13 shall contain provisions to the effect that in the event of <br /> payment of any such loss, damage, or consequential loss, the <br /> E If CONTRACTOR requests in writing that other insurers will have no rights of recovery against CONTRACTOR, <br /> special insurance be included in the property insurance policies Subcontractors, ENGINEER, or ENGINEER's Consultants and <br /> provided under paragraph 5.06, OWNER shall, if possible, <br /> L00700 - 14 <br /> i <br />