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IWO
<br />0100
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<br />an Application for Payment recommended by
<br />ENGINEER;
<br />5. allow for partial utilization of the Work
<br />by OWNER;
<br />6. include testing and startup; and
<br />7. be maintained in effect until final pay
<br />ment is made unless otherwise agreed to in
<br />writing by OWNER, CONTRACTOR, and
<br />ENGINEER with 30 days written notice to each
<br />other additional insured to whom a certificate of
<br />insurance has been i�cued.
<br />B. OWNER shall purchase and maintain such
<br />boiler and machinery insurance or additional property
<br />insurance as may be required by the Supplementary
<br />Conditions or Laws and Regulations which will include
<br />the interests of OWNER, CONTRACTOR,
<br />Subcontractors, ENGINEER, ENGINEER's Consul
<br />tants, and any other individuals or entities identified in
<br />_ enditions, each of whom is
<br />listed as an insured or additional insured.
<br />C. All the policies of insurance (and the certifi
<br />cotes or other evidence thereof) required to be pur
<br />5.06 will contain a provision or endorsement that the
<br />coverage afforded will not be canceled or materially
<br />US.
<br />—: .•
<br />written notice has been given to OWNER and CON
<br />TRACTOR and to each—other additional insured to
<br />whom a certificate of insurance has been iQsued and
<br />will contain waiver provisions in accordance with
<br />paragraph 5.07.
<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 />E. If CONTRACTOR requests in writing that
<br />and the cost thereof will be charged to CONTRAC
<br />TOR by appropriate Change Order or Written
<br />Amendment. Prior to commencement of the Work at
<br />the Site, OWNER shall in writing advise CONTRAC
<br />TOR whether or not such other insurance has been
<br />procured by OWNER.
<br />5.07 Waiver of Rights
<br />A. OWNER and CONTRACTOR intend that all
<br />policies purchased in accordance with paragraph 5.06
<br />will protect OWNER, CONTRACTOR,
<br />Subcontractors, ENGINEER, ENGINEER's Consul
<br />tants, and all other individuals or entities identified in
<br />the Supplementary Conditions to be listed as insureds
<br />or additiona-
<br />partners, employees, agents, and other consultants
<br />and subcontractors of each and any of them) in such
<br />losses and damages caused by the perils or causes of
<br />loss covered thereby. All such policies shall contain
<br />provisions to the effect that in the event of payment of
<br />any -loss or damage the insurers will have no rights -of
<br />11) 1, . P
<br />- - - -' • • _ • P
<br />waive all rights against each other and thci r
<br />respective officers, directors, partners, employees,
<br />ach and any of—t _ _ -
<br />caused by, arising out of or resulting from any of the
<br />per4s or causes of loss covered by such policies and
<br />any other property insurance applicable to the Work;
<br />and, in ad:
<br />Subcontractors, ENGINEER, t I IIVC
<br />Consultants, and all other individuals or entities
<br />_ - • •* • • - - - - - ••••• L- = = - - - -
<br />directors, partners, employees, agents, and other
<br />consultants and subcontractors of each and any of
<br />them) under such policies for losses- and damages so
<br />caused. None of the above waivers shall extend to
<br />the rights that any party making such waiver may have
<br />to the proceeds of insurance held by OWNER as
<br />issued.
<br />B. OWNER waives all rights against
<br />CONTRACTOR, Subcontractors, ENGINEER,
<br />ENGINEER's Consultants, and the officers, directors,
<br />partners, employees, agents, and other consultants
<br />and subcontractors of each and any of them for:
<br />1. loss due to busine'-c interruption, logo
<br />of use, or other consequential loss extending
<br />beyond direct physical loss or damage to
<br />arising out of, or resulting from fire or other peril
<br />whether or not insured by OWNER; and
<br />00700 - General Conditions REV 5-10-13
<br />00700 - 17
<br />F.\Public Works\ENGINEERING DIVISION PROJECTS\0225 2Dth Ave and 16th St Intersection Improvement\Admim\bid documents\Master Contract Documents \00700 - General Conditions
<br />REV 5-10-13 doe
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