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portion of the Work performed by OWNER 's own
<br /> forces or others in accordance with Article 7 , BORds shall rernain on
<br /> after the d;; tp m A"g I hen final payment beGemels due-,
<br /> G . To the fullest extent permitted by Laws and
<br /> Regulations , OWNER shall indemnify and hold
<br /> harmless CONTRACTOR , Subcontractors , ENGI -
<br /> NEER , ENGINEER ' s Consultants and the officers ,
<br /> directors , partners , employees , agents , other
<br /> consultants , and subcontractors of each and any of B . All Bonds shall be in the form prescribed
<br /> by
<br /> them from and against all claims , costs , losses , and the Contract Documents except as provided
<br />other-
<br /> damages ( including but not limited to all fees and wise by Laws or Regulations , and shall be
<br /> executed
<br /> charges of engineers , architects , attorneys , and other by such sureties as are named in the current list
<br /> of
<br /> professionals and all court or arbitration or other " Companies Holding Certificates of Authority as
<br /> dispute resolution costs) arising out of or relating to a Acceptable Sureties on Federal Bonds and as
<br /> Hazardous Environmental Condition , provided that Acceptable Reinsuring Companies" as published in
<br /> such Hazardous Environmental Condition : ( i ) was not Circular 570 (amended ) by the Financial Management
<br /> shown or indicated in the Drawings or Specifications Service , Surety Bond Branch , U . S . Department of the
<br /> or identified in the Contract Documents to be included Treasury. All Bonds signed by an agent must be
<br /> within the scope of the Work , and ( ii) was not created accompanied by a certified copy of such agent' s
<br /> by CONTRACTOR or by anyone for whom authority to act.
<br /> CONTRACTOR is responsible . Nothing in this para -
<br /> graph 4 . 06 . E shall obligate OWNER to indemnify any C . If the surety on any Bond furnished by CON -
<br /> individual or entity from and against the conse- TRACTOR is declared bankrupt or becomes
<br /> quences of that individual ' s or entity' s own negli - insolvent or its right to do business is terminated in
<br /> gence . any state where any part of the Project is located or it
<br /> ceases to meet the requirements of paragraph
<br /> H . To the fullest extent permitted by Laws and 5 . 01 . 8 , CONTRACTOR shall within 20 days
<br /> Regulations , CONTRACTOR shall indemnify and thereafter substitute another Bond and surety, both of
<br /> hold harmless OWNER , ENGINEER , ENGINEER ' s which shall comply with the requirements of para-
<br /> Consultants , and the officers , directors , partners , graphs 5 . 01 . 8 and 5 . 02 ,
<br /> employees , agents , other consultants , and
<br /> subcontractors of each and any of them from and 5 . 02 Licensed Sureties and Insurers
<br /> against all claims , costs , losses , and damages
<br /> ( including but not limited to all fees and charges of A. All Bonds and insurance required by the
<br /> engineers , architects , attorneys , and other Contract Documents to be purchased and maintained
<br /> professionals and all court or arbitration or other by OWNER or CONTRACTOR shall be obtained
<br /> dispute resolution costs) arising out of or relating to a from surety or insurance companies that are
<br /> duly
<br /> Hazardous Environmental Condition created by licensed or authorized in the jurisdiction in which the
<br /> CONTRACTOR or by anyone for whom Project is located to issue Bonds or insurance policies
<br /> CONTRACTOR is responsible. Nothing in this for the limits and coverages so required . Such surety
<br /> paragraph 4 . 06 . F shall obligate CONTRACTOR to and insurance companies shall also meet such addi-
<br /> indemnify any individual or entity from and against the tional requirements and qualifications as may be
<br /> consequences of that individual 's or entity' s own provided in the Supplementary Conditions .
<br /> negligence .
<br /> I . The provisions of paragraphs 4 . 02 , 4 . 03 , and 5 . 03 Certificates of Insurance
<br /> 4 . 04 are not intended to apply to a Hazardous A. CONTRACTOR shall deliver to OWNER ,
<br /> Environmental Condition uncovered or revealed at the with copies to each additional insured identified in the
<br /> Site . Supplementary Conditions , certificates of insurance
<br /> (and other evidence of insurance requested by OWW
<br /> ER or any other additional insured ) which CON .
<br /> ARTICLE 5 - BONDS AND INSURANCE TRACTOR is required to purchase and maintain .
<br /> OWNER shall deliver to GONT- RAGTOR , with G I I
<br /> to eaGh add V toonal 4nGLIFed identified an the Supple
<br /> 5 . 01 Performance, Payment, and Other Bonds other ey ' denGe of n6UMFIGe requested by CON
<br /> A. CONTRACTOR 5; h ;; " TRACTOR or any other additional insured ) whiGh
<br /> and payment Bonds , each in at least equal
<br /> 5 . 04 CONTRACTOR 's Liability Insurance
<br /> ayment of all C., QN11TRACT-OR
<br /> 00700 - General Conditions REV 04-07 . doc
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