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Consultants , and any other individuals or entities identi- that are identified in the Supplementary Conditions. The risk of fied in the Supplementary Conditions , and the officers , loss within such identified deductible amount will be borne by directors , partners, employees, agents , and other CONTRACTOR, Subcontractors, or others suffering any such ' consultants and subcontractors of each and any of loss , and if any of them wishes property insurance coverage them , each of whom is deemed to have an insurable within the limits of such amounts , each may purchase and interest and shall be listed as an additional insured ; maintain it at the purchaser's own expense. 1 2. be written on a Builder's Risk "all-risk" or open E. If CONTRACTOR requests in writing that other peril or special causes of loss policy form that shall at special insurance be included in the property insurance policies least include insurance for physical loss or damage to provided under paragraph 5. 06, OWNER shall , if possible, the Work, temporary buildings, false work, and include such insurance, and the cost thereof will be charged to materials and equipment in transit, and shall insure CONTRACTOR by appropriate Change Order or Written against at least the following perils or causes of loss : Amendment. Prior to commencement of the Work at the Site, fire, lightning , extended coverage, theft, vandalism and OWNER shall in writing advise CONTRACTOR whether or not malicious mischief, earthquake, collapse, debris remov- such other insurance has been procured by OWNER. al , demolition occasioned by enforcement of Laws and Regulations, water damage, and such other perils or 5. 07 Waiver of Rights causes of loss as may be specifically required by the Supplementary Conditions ; A. OWNER and CONTRACTOR intend that all policies purchased in accordance with paragraph 5.06 will protect 3. include expenses incurred in the repair or OWNER, CONTRACTOR, Subcontractors , ENGINEER, replacement of any insured property (including but not ENGINEER's Consultants, and all other individuals or entities limited to fees and charges of engineers and architects ); identified in the Supplementary Conditions to be listed as insureds or additional insureds (and the officers , directors, 4. cover materials and equipment stored at the Site partners , employees , agents , and other consultants and or at another location that was agreed to in writing by subcontractors of each and any of them) in such policies and OWNER prior to being incorporated in the Work, will provide primary coverage for all losses and damages provided that such materials and equipment have been caused by the perils or causes of loss covered thereby. All included in an Application for Payment recommended such policies shall contain provisions to the effect that in the by ENGINEER; event of payment of any loss or damage the insurers will have no rights of recovery against any of the insureds or additional 5. allow for partial utilization of the Work by insureds thereunder. OWNER and CONTRACTOR waive all OWNER; rights against each other and their respective officers , directors, partners, employees, agents, and other consultants and 6. include testing and startup; and subcontractors of each and any of them for all losses and damages caused by, arising out of or resulting from any of the 7. be maintained in effect until final payment is perils or causes of loss covered by such policies and any other made unless otherwise agreed to in writing by OWNER, property insurance applicable to the Work; and, in addition , CONTRACTOR, and ENGINEER with 30 days written waive all such rights against Subcontractors , ENGINEER, notice to each other additional insured to whom a certifi- ENGINEER's Consultants , and all other individuals or entities cate of insurance has been issued , identified in the Supplementary Conditions to be listed as insureds or additional insureds (and the officers , directors, B. OWNER shall purchase and maintain such boiler and partners, employees, agents , and other consultants and machinery insurance or additional property insurance as may be subcontractors of each and any of them ) under such policies for required by the Supplementary Conditions or Laws and losses and damages so caused . None of the above waivers Regulations which will include the interests of OWNER, shall extend to the rights that any party making such waiver may CONTRACTOR, Subcontractors , ENGINEER, ENGINEER's have to the proceeds of insurance held by OWNER as trustee Consultants , and any other individuals or entities identified in or otherwise payable under any policy so issued. the Supplementary Conditions , each of whom is deemed to have an insurable interest and shall be listed as an insured or B . OWNER waives all rights against CONTRACTOR, additional insured. Subcontractors , ENGINEER, ENGINEER's Consultants , and the officers , directors , partners, employees, agents, and other C. All the policies of insurance (and the certificates or consultants and subcontractors of each and any of them for: other evidence thereof) required to be purchased and maintained in accordance with paragraph 5.06 will contain a 1 . loss due to business interruption, loss of use, or provision or endorsement that the coverage afforded will not be other consequential loss extending beyond direct canceled or materially changed or renewal refused until at least physical loss or damage to OWNER's property or the 30 days prior written notice has been given to OWNER and Work caused by, arising out of, or resulting from fire or CONTRACTOR and to each other additional insured to whom a other peril whether or not insured by OWNER; and certificate of insurance has been issued and will contain waiver provisions in accordance with paragraph 5.07. 2. 1oss or damage to the completed Project or part thereof caused by, arising out of, or resulting from fire or D . OWNER shall not be responsible for purchasing and other insured peril or cause of loss covered by any maintaining any property insurance specified in this paragraph property insurance maintained on the completed Project 5.06 to protect the interests of CONTRACTOR, Subcontractors , or part thereof by OWNER during partial utilization or others in the Work to the extent of any deductible amounts pursuant to paragraph 14 . 05, after Substantial Com- 00700 - 14 om- 00700 - 14