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5.9. OWNER shall not be rcsporuiblc (or purclwins and
<br />snainwnin1 any propcny insu~ io pro=t the in=u of
<br />CONTRACIOR. Subconu-acton or others in the 'Nork l o the
<br />u,cn, or any deduwble a.mounu ttw an: identified in the
<br />Supplcmc:ntMY Conditions. The rul: or Ion with in such iden-
<br />lilicd deductible amount . wm be borne by CONTRACTOR.
<br />SubccnlDClOf or othc:n suffcrin,: any such loss and if &n)' of
<br />UICITI wis.hc$ property i =e coven.,e within the limiu or
<br />such amounu. eac.h ma)' purchase and mainwn it ac the
<br />~r·, own ex~.
<br />5.10. If CONTIVCTOR rcq= in wn1,ns th.at olhcr
<br />special iruur=~ be included in the propcny iruunn<:e policici
<br />provided under ~h.s .5.6 or .5.7. OWNER s.hall. if poui-
<br />bte. include auch in.sw-ancc. and the cost thert:Ol will be
<br />dwttd to COr-rnv.croR by approprialc Ciwi,c Order or
<br />Wria.en A mcndmcnt. Prior 10 cxnnmcnecmcm or the 'Non. a l
<br />the sl1e . OWNER shall in writinJ advise CONTR>CTOR
<br />whelJler or not such olher insurance ha.s been proo,red b)'
<br />OWNER.
<br />5.11. Waiwr of Ri/hls:
<br />5 .11 .1. OWNER and COl'ITR.ACt'OR inttnd 1.1w all
<br />policies pun;lw.c:d in accordance with ~s .5 .6 and
<br />S.7 will pn:>ICCl OWNER. CONTRICI'OR. Subconcnaors.
<br />ENGINEER. ENGINEER's ColUIIJWIU and all other per•
<br />sons or entities idcnwicd in the: Supplcmcnwy Conditions 10
<br />be listed a.s ilU'Un::ds or addition.&! i nsumis in such policies
<br />and will provide primary e1>vc:DEC for all I= and d.am:atres
<br />C>JJsed by the perils cov-ercd thcn:by. All such policiC$ shat I
<br />contain provisions 10 the effect uai in the even, or ~:,men,
<br />of any• hns or dama,c the i ruurc:n will have no riplu or
<br />rc,:ovc,y apinst a ny of the insureds or additional insureds
<br />thereunder. OWNER and C01'rf'RACTOR waive a ll ri¢iu
<br />apinst c:ad1 olha-and thc:ir rcspcctive offia:n.. dircc,ors.
<br />employo= and aic,u for all losses and <WlU#CS auscd br.
<br />~ng Out of' or resulting fn:lm any o f the perils COYCTC'd by
<br />such policici and any other propeny insurance appliable 10
<br />lhc Wene.: and. in addition. waive all such ripiu apiru1
<br />Suboontractors. ENGINEER. ENGINEER"1 Coiuutwns
<br />and all other persons or cncicics identified in Lhc Supplemen-
<br />tary Conditions IO be liru:.d a.s i n.sureds or additional in.sun:d s
<br />under such policic, for losses and~ 10 cawed. None
<br />or lhc above W1livcn sh.aJ I cu end to lhc ri Jilts lhu any pu, ,.
<br />tnakini sud, waiver 1t11y luve 10 the p~ of ins,,=~
<br />held by OWNER u 1J1U1ec or othcrwuc payable under any
<br />policy so is.sued.
<br />S .11.2. In addition. OWNER waive, all ri,tiu apjnst
<br />COITTR).C'l'()R. Subcontrn:10n, ENGINEER. E NGI-
<br />NEER"s Consu.Junu and the otlieen. di=ors. cmplovcc.s
<br />and -,,:nu or 111r or them. for. ·
<br />.S.11 .2.1. lou due to busioc:u i n1cmiption. loss of u se
<br />or o lhcr con:scqucniw lou c.ucndinr bc)'ond din:a ph :,,l-
<br />ic::a.l loss or dmu.e,: to OWNER:s propett:,, or O,c Wor1:
<br />aw.cd by. a.ri 1ini 01Jt of or n:suttin~ from iin: or o,ncr
<br />peril . whelhc.r or no1 insun:d b)I OWNER: and
<br />.tll .:.:. lou or~ 10 1hc: completed Pro.
<br />h r -.. •-'b . . :)Cctor ~n l crco ~ . y. ansin, ou, or or rciuluni from fin:
<br />nr 01hcr ,nsun:d pen! e1>vcrcd by any Prol)Cl'lv insurance
<br />=•nwncd on \he ~mple1ed Pro.ic:c1 or pan. thcn:o( bv
<br />OWNER durint puliaJ uliliution purru:in, 1o ~i,
<br />1,.10. ancr 1ubswuiat compleuon puriuan1 10 ~h
<br />1,.ij or aner final payment punuar,110 ~ 14 .13.
<br />Any in.wn.ncc policy maintained by OWNER coYCrins any
<br />los1. ~ or ~~•ial los.s fflc!Tcd to in lhiJ pan,nph
<br />.S. I 1-shall conwn proVUIO(U 10 the ef'l'ca tlw in the event or
<br />pa:,mem o( any sud! los.s. datna.f,: o r torucquen!Al los:s !he
<br />insurers will nave no riplts or r«:ov-cry api1U1 ai,v or CON•
<br />TRACTOR.Subo:>nt.ra.c10rs. ENGINEER. ENGINEER's Con-
<br />suli..nL< and inc offic:cn. directors. emp\o:,,c:-cs and ~ts or
<br />any of them.
<br />Rtttip1 and Appucation or 1nsunncr h-oc:,,ods
<br />~. I:!. -"-"Y insured lou u nder the policies or insutancc
<br />required by ~lu ~.6 and 5.7 will be ad_iusu:d with
<br />OWNER w m.1.dc payable t o OWNER a.t fiduc:iuy for die
<br />iruurcds. a.s their i~u may appear. subjca to the rcqui~
<br />ments or any applicable mo~e cb.usc and of~ 5.13.
<br />OWNER shall deposit in a iepan..1..e account any money so
<br />rc:cci vcJ. w shall distribute it in ac:ordance with such a,rce-
<br />mc nl as the p:i.nje.s in i merest in.a y rc::.ch. I( no o lher 'spe,::ial
<br />&!=J"Cl:ment is reached the d~ Won. shall be repaired or
<br />n:plaud. the moneys so received a.ppl icd on account u,c:rc,of
<br />and the Won: and lhe cost thCt'COf covered by an appt'Ollriale
<br />Clun~e On:lcr or Writu:n AmcndmenL
<br />.S. I~-OWNER as fiduciary shall have power to adju:st and
<br />scule any ~s with the insurers unless one or the panics in
<br />imcrcs1 sh:111 ob.iect in wriunr within fifteen days afler the
<br />OCOJrraice ofloss to OWNER ·s exercise of this power. If suet,
<br />objection be made. OWNER a.s fiduciary shall malce sculcmc:nt
<br />with the i n=rs in accon!anc.c with such ~ent &s the
<br />panics in interest m.ay rc:acll. I( no such ap-ccment amon, lhe
<br />parties in interest is rachcd. OWN ER as fidu=ry shall a.dj1.tst
<br />and scnJc the lou with the insuCC1o 111d. if re.quired i n writin&
<br />by any p:any in inu:rcsL OWNER as fiduciary shall pvc bond
<br />for the prop:r per(omunce of such duties.
<br />-4.=,,w,c< o_f Botuh and Jrrrvra.na: Of!D"n to Rq,J,,,=
<br />.5.14. If cithap;my /OWNER or CONTRACTOR) hu any
<br />objection 10 lh<: covc:r.ll'C .afforded br or other provi,s;ons of the
<br />Bonds or insunnce required to be pun:.hascd 111d main(ajncd
<br />bv 1he other p,m, in a.cconhnce with Article .S on the basis of
<br />~IKOnlornw>c~ witJ1 the Comn.ct Oocumaiu. I.he objcainc
<br />par1)' shall so notif)' the othc:1' pany in wrilinr within ten days
<br />o.fter rcc<:ip1 of the certilic:uc.s ,or other evidcnc.c n:,quest.cdJ
<br />required b:, ~t, 1.7. OWNER and CONTRACIOR shall
<br />c.acl, provide to the other sud, additional infomwjon in respect
<br />or iruun11ce provided as the other may ro.sorw,ly rcquc:st. If
<br />either pa:ty ciocs not purc!u.sc or nuinuin all of the Bonds and
<br />insuns>cc rc:Quircd of such pany t>r lhc Contn.c:t Oocum~ts.
<br />sucl, J>2ftY slull nolif)' the other P'U1)' in wri1in,: o( such f.ulun:
<br />10 purchase pnorco the s~ of the Wnrx. or of such failure lo
<br />m.iinuin ptioc 10 any chan~ in the required cov-c.-.•c. Wl1hou1
<br />prc_iudic:c 10 :&n)' other nft,1 or n:mcdy. the other pan:,, may
<br />de.ct 10 ob~n cquivilcn1 l:londs or iiuu1'21Kc 10 protcet such
<br />olhcr puty's 1n1crcs~ at the c~ruc of the p:Ut)' who "·'U
<br />00700-23
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