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shall then submit a Change Order in order to avoid resources or mitigate as required to proceed with project. ARTICLE 5 - BONDS AND INSURANCE SC 5.01 A Delete existing paragraph 5.01 A of the General Conditions in its entirety and replace with the following: A. Contractor shall furnish a Public Construction Bond in an amount equal to the Contract Price as security for the faithful performance and payment of all of Contractor's obligations under the Contract Documents. The bond shall remain in effect until one year after the date when final payment becomes due or until completion of the correction period specified in Paragraph 13.07, whichever is later, except as provided otherwise by Laws and Regulations or by the Contract Documents. Contractor shall also furnish such other bonds as are required by the Contract Documents. Pursuant to Florida Statutes section 255.05(1)(a) (2007), any claimant (as such term is defined in Florida Statutes section 713.01) may apply to Indian River County as Owner for copies of the Agreement and the recorded payment and performance bonds and shall thereupon be furnished with certified copies of such documents. SC 5.01B Delete reference to "all bonds" and replace with "the bond" throughout the entire paragraph. (Total of 2 replacements) SC 5.03B Delete existing paragraph 5.0313 of the General Conditions in its entirety. SC 5.04B Delete existing paragraph 5.04B of the General Conditions in its entirety and replace with the following: B. The Contractor shall not commence Work under the Agreement until it has obtained all insurance required under the Agreement and the Indian River County Risk Manager has approved such insurance. The Contractor shall procure and maintain, for the duration of the Agreement, the minimum insurance coverage as set forth herein. The cost of such insurance shall be included in the Contract Price. C. The insurance required by paragraph 5.04A of the General Conditions shall provide coverage for not less than the following amounts or greater where required by Laws and Regulations: 1. Workers' Compensation: To meet statutory limits in compliance with the Workers Compensation Law of Florida. This policy must include employers' liability with a limit $500,000 for each accident, $500,000 disease policy limit and $100,000 disease each employee. Such policy shall include a waiver of subrogation as against Owner on account of injury sustained by an employee(s) of the Contractor. 2. Commercial General Liability: A per occurrence form policy, including Premise Operations, Independent Contractors, Products and Completed Operations including X, C, U (Explosion, Collapse, Underground) Broad Form Property Damage, Broad Form Property Damage Endorsement, with a combined single limit of not less than $1,000,000 general aggregate to include products/completed operations, personal injury/advertising liability, fire damage /legal liability, and medical payments. 3. Business Auto Liability: Coverage shall include Owned vehicles and Hired/Non-Owned l ( vehicles, for a combined single limit (bodily injury and property damage) of not less than