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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 . Owned 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 /> Documents will be provided to the OWNER' s Risk Manager for <br /> review and approval . <br /> b . " Indian River County , a political subdivision of the state of Florida" <br /> will be named as "Additional Insured " on both the General Liability , <br /> Auto Liability and Builder' s Risk "All Risk" Insurance . <br /> c. The OWNER will be given thirty (30 ) days notice prior to <br /> cancellation or modification of any stipulated insurance . Such <br /> notification will be in writing by registered mail , return receipt <br /> requested and addressed to the OWNER's Risk Manager. <br /> d . It is the responsibility of the CONTRACTOR to insure that all <br /> subcontractors comply with all insurance requirements . <br /> e . . Insured must be authorized to do business and have an agent for <br /> service of process in Florida and have at least an A- policyholder's <br /> rating and financial rating of a least Class VII in accordance with <br /> the most current Best's Rating . <br /> D . Should the CONTRACTOR at any time , neglect or refuse to provide the <br /> insurance required herein , or should such insurance be canceled or should the <br /> full annual aggregate amount of any policy not be available to satisfy the <br /> requirements of the Contract , the OWNER shall have the right, but not the <br /> obligation , to procure such insurance for the CONTRACTOR and the cost thereof <br /> shall be deducted from the monies then due or thereafter to become due to the <br /> CONTRACTOR or to declare CONTRACTOR in default under the Contract . <br /> SC -5 . 05 OWNER' s Liability Insurance <br /> SC-5 . 05 Delete paragraph GC-5. 05. A in its entirety. <br /> SC -5. 06 Property Insurance <br /> SC-5 . 06 Delete paragraphs GC-5. 06.A, B. and C in their entirety and insert the following <br /> paragraphs in their place: <br /> A. CONTRACTOR shall purchase and maintain property insurance upon the Work at the <br /> Site in the amount of the full replacement cost thereof. This insurance shall : <br /> 1 , include the interests of OWNER, CONTRACTOR, Subcontractors , ENGINEER, <br /> ENGINEER's Consultants and any other individuals or entities identified in the <br /> Last Revised 12/2007 00800- 7- Wabasso Beach Pk. Restoration <br /> F:\Public Works\Cliff Suthard\Wabasso Beach Park\A Construction Bid Documents\Bid Documents as of 1 -9-2008\Div 0 AS OF 1 -8- <br /> 2008\00800 - Supplementary Conditions.doc <br />