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I . The provisions of Paragraphs 4 . 02 , 4 . 03 , and 4 . 04 do of insurance requested by Owner or any other additional not apply to a Hazardous Environmental Condition insured) which Contractor is required to purchase and uncovered or revealed at the Site . maintain . •8-Owner-s13a•I.1-de-1•i-vor-to-Go>}t�actor;w•i•tl�-copies-to-eacq ARTICLE 5 - BONDS AND INSURANCE additional insured identified in the SupplerpetiCondi - tions , certificates of insurance and-otiiE`revidence of insurance requested ontractor or any other additional 5 . 01 Performance, Payment, and Other Bonds insured )_,which Owner is required to purchase and .�-1�1�w•�i•t•A•in . .4—Go>a�acic�r-shad•1-fta�aasla-petfor�aaaaaGs-aa�-pa�wa e� bonds , each in an amount at least equal to the ontract 5 . 04 Contractor 's Liability Insurance Price as security for the faithful perforill3pe and payment of all of Contractor ' s obligations un et the Contract A . Contractor shall purchase and maintain such liability Documents . These bonds shallllei am in effect until one and other insurance as is appropriate for the Work being year after the date when f r payment becomes due or performed and as will provide protection from claims set until completion of t correction period specified in forth below which may arise out of or result from Paragraph 13 . 0 hichever is later, except as provided Contractor' s performance of the Work and Contractor ' s otherwise bWaws or Regulations or by the Contract other obligations under the Contract Documents , whether Doc encs . Contractor shall also furnish such other it is to be performed by Contractor, any Subcontractor or ,binds-as-ar-e required-b}Lthe-Contract Documents . Supplier, or by anyone directly or indirectly employed by any of them to perform any of the Work , or by anyone for B . All bonds shall be in the form prescribed by the whose acts any of them may be liable : Contract Documents except as provided otherwise by Laws or Regulations, and shall be executed by such 1 . claims under workers ' compensation , disability sureties as are named in the current list of " Companies benefits, and other similar employee benefit acts ; Holding Certificates of Authority as Acceptable Sureties on Federal Bonds and as Acceptable Reinsuring Compa- 2 . claims for damages because of bodily injury , nies" as published in Circular 570 (amended) by the occupational sickness or disease, or death of Financial Management Service, Surety Bond Branch , U . S . Contractor ' s employees ; Department of the Treasury . All bonds signed by an agent must be accompanied by a certified copy of the agent ' s 3 . claims for damages because of bodily injury , authority to act. sickness or disease, or death of any person other than Contractor ' s employees ; C . If the surety on any bond furnished by Contractor is declared bankrupt or becomes insolvent or its right to do 4 . claims for damages insured by reasonably business is terminated in any state where any part of the available personal injury liability coverage which are Project is located or it ceases to meet the requirements of sustained : Paragraph 5 . 01 . 13 , Contractor shall promptly notify Owner and Engineer and shall , within 20 days after the a . by any person as a result of an offense event giving rise to such notification , provide another directly or indirectly related to the employment bond and surety, both of which shall comply with the of such person by Contractor, or requirements of Paragraphs 5 . 01 . 13 and 5 . 02 . b . by any other person for any other reason ; 5 . 02 Licensed Sureties and Insurers 5 . claims for damages, other than to the Work A . All bonds and insurance required by the Contract itself, because of injury to or destruction of tangible Documents to be purchased and maintained by-9eror property wherever located , including loss of use Contractor shall be obtained from surety or insurance resulting therefrom ; and companies that are duly licensed or authorized in the jurisdiction in which the Project is located to issue bonds 6 . claims for damages because of bodily injury or or insurance policies for the limits and coverages so death of any person or property damage arising out of required . Such surety and insurance companies shall also the ownership , maintenance or use of any motor meet such additional requirements and qualifications as vehicle . may be provided in the Supplementary Conditions . R ' 4:he d"Fa . 5 . 03 Certificates of Insurance 5 . 04 shall : A . Contractor shall deliver to Owner, with copies to each l . with respect Trance required by Paragraphs additional insured identified in the Supplementary 5 . 04 . A . ough 5 . 04 . A . 6 inclusive , include as Conditions, certificates of insurance (and other evidence EJCDC C-700 Standard General Conditions of the Construction Contract. Copyright © 2002 National Society of Professional Engineers for EJCDC. All rights reserved. 00700 - 15