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5.07 Waiver of Rights <br />D. OWNER shall not be responsible for purchas- <br />ing and maintaining any property insurance specified <br />in this paragraph 5.06 to protect the interests of <br />CONTRACTOR, Subcontractors, or others in the <br />Work to the extent of any deductible amounts that are <br />identified in the Supplementary Conditions. The risk <br />of loss within such identified deductible amount will be <br />borne by CONTRACTOR, Subcontractors, or others <br />suffering any such loss, and if any of them wishes <br />property insurance coverage within the limits of such <br />amounts, each may purchase and maintain it at the <br />purchaser's own expense. <br />00700 - General Conditions REV 5-10-13 <br />00700-17 <br />F:\Public Works\ENGINEERING DIVISION PROJECTS\1744 Sebastian Corners\1-Admin\Bid Documents\MasterContract\Master Contract Documents\00700 - General Conditions REV 5- <br />10-13.doc <br />