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C. If the surety on any Bond furnished by CON- <br />TRACTOR is declared bankrupt or becomes insolvent <br />or its right to do business is terminated in any state <br />where any part of the Project is located or it ceases to <br />meet the requirements of paragraph 5.01.B, <br />CONTRACTOR shall within 20 days thereafter <br />substitute another Bond and surety, both of which <br />shall comply with the requirements of paragraphs <br />5.01.B and 5.02. <br />5.02 Licensed Sureties and Insurers <br />A. All Bonds and insurance required by the <br />Contract Documents to be purchased and maintained <br />by OWNER or CONTRACTOR shall be obtained from <br />surety or insurance companies that are duly licensed <br />or authorized in the jurisdiction in which the Project is <br />located to issue Bonds or insurance policies for the <br />limits and coverages so required. Such surety and <br />insurance companies shall also meet such additional <br />requirements and qualifications as may be provided in <br />the Supplementary Conditions. <br />5.03 Certificates of Insurance <br />A. CONTRACTOR shall deliver to OWNER, with <br />copies to each additional insured identified in the <br />Supplementary Conditions, certificates of insurance <br />(and other evidence of insurance requested by OWN- <br />ER or any other additional insured) which CON- <br />TRACTOR is required to purchase and maintain. <br />ncntar-Conditions, certificates of insurance (and <br />5.04 CONTRACTOR's Liability Insurance <br />A. CONTRACTOR shall purchase and maintain <br />such liability and other insurance as is appropriate for <br />the Work being performed and as will provide <br />protection from claims set forth below which may arise <br />out of or result from CONTRACTOR's performance of <br />the Work and CONTRACTOR's other obligations <br />under the Contract Documents, whether it is to be per- <br />formed by CONTRACTOR, any Subcontractor or <br />Supplier, or by anyone directly or indirectly employed <br />by any of them to perform any of the Work, or by <br />anyone for whose acts any of them may be liable: <br />1. claims under workers' compensation, <br />disability benefits, and other similar employee <br />benefit acts; <br />2. claims for damages <br />bodily injury, occupational sickness <br />or death of CONTRACTOR's emplo <br />3. claims for damages <br />bodily injury, sickness or disease, <br />any person other than CON <br />employees; <br />4. claims for damages I <br />reasonably available personal inj <br />coverage which are sustained: (i) by <br />as a result of an offense directly <br />related to the employment of such <br />CONTRACTOR, or (ii) by any othe <br />any other reason; <br />5. claims for damages, other <br />Work itself, because of injury to or <br />of tangible property wherever locate <br />loss of use resulting therefrom; and <br />6. claims for damages b <br />bodily injury or death of any person <br />damage arising out of the owners <br />nance or use of any motor vehicle. <br />B. The policies of insurance so requ <br />paragraph 5.04 to be purchased and main <br />1. with respect to insurance <br />paragraphs 5.04.A.3 through 5.04.A <br />include as additional insureds (su <br />customary exclusion in respect of <br />liability) OWNER, ENGINEER, E <br />Consultants, and any other ind <br />entities identified in the Supplemen <br />tions, all of whom shall be listed a <br />insureds, and include coverage for <br />tive officers, directors, partners, <br />agents, and other consul <br />subcontractors of each and any <br />additional insureds, and the insuran <br />to these additional insureds sh <br />primary coverage for all claim <br />thereby; <br />b <br />• <br />2. include at least th <br />coverages and be written for not le <br />limits of liability provided in the Sup <br />Conditions or required by Laws or <br />whichever is greater, <br />3. include completed <br />insurance; <br />4. include contractual liabili <br />covering CONTRACTOR's <br />00700 - General Conditions <br />00700 - 15 <br />F:\Public Works\ENGINEERING DIVISION PROJECTS11314-107th Ave Milling_90th St to 94th St\Admin\bid documents\ Master Contract Documents \00700 - General Con <br />13.doc <br />ecause of <br />or disease, <br />ees; <br />cause of <br />r death of <br />RACTOR's <br />sured by <br />ry liability <br />any person <br />r indirectly <br />person by <br />person for <br />than to the <br />destruction <br />including <br />cause of <br />or property <br />ip, mainte- <br />red by this <br />ned shall: <br />equired by <br />inclusive, <br />ect to any <br />rofessional <br />GINEER's <br />iduals or <br />ry Condi- <br />additional <br />e respec- <br />mployees, <br />nts and <br />f all such <br />afforded <br />II provide <br />covered <br />specific <br />s than the <br />lementary <br />gulations, <br />operations <br />insurance <br />indemnity <br />REV 510-13.doc <br />itions REV 5-10- <br />