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insurance has been issued , evidence satisfactory to notice to each other additional Insured to whom a certifi- OWNER and any such additional insured of continua- cate of insurance has been issued , tion of such insurance at final payment and one year thereafter). 8 , OWNER shall purchase and maintain such boiler and machinery insurance or additional property insurance as may be 5605 OWNER 's Liability Insurance{tc In 05. 05 required by the Supplementary Conditions or Laws and OWNER's Liability Insurance ? Regulations which will include the interests of OWNER, CONTRACTOR, Subcontractors , ENGINEER, ENGINEER's A. In addition to the insurance required to be provided by Consultants, and any other individuals or entities identified in CONTRACTOR under paragraph 5.04, OWNER, at OWNER's the Supplementary Conditions , each of whom is deemed to option, may purchase and maintain at OWNER's expense have an insurable interest and shall be listed as an insured or OWNER's own liability insurance as will protect OWNER additional insured . against claims which may arise from operations under the Contract Documents, C. AIi the policies of insurance (and the certificates or other evidence thereof) required to be purchased and 5.06 Property Insurance{tc In "5. 06 Property maintained In accordance with paragraph 5.06 will contain a insurance `s provision or endorsement that the coverage afforded will not be canceled or materially changed or renewal refused until at least A. Unless otherwise provided in the Supplementary 30 days prior written notice has been given to OWNER and Conditions, OWNER shall purchase and maintain property CONTRACTOR and to each other additional insured to whom a insurance upon the Work at the Site in the amount of the full certificate of Insurance has been issued and will contain waiver replacement cost thereof (subject to such deductible amounts provisions in accordance with paragraph 5.07, as may be provided in the Supplementary Conditions or required by Laws and Regulations). This insurance shall: D. OWNER shall not be responsible for purchasing and maintaining any property insurance specified in this paragraph 1 . include the interests of OWNER, CONTRAC- 5.06 to protect the Interests of CONTRACTOR, Subcontractors, TOR, Subcontractors , ENGINEER, ENGINEER's or others in the Work to the extent of any deductible amounts 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 bome 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 fi at the purchaser's own expense. 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. at, demolition occasioned by enforcement of Laws and Regulations, water damage, and such other perils or 5. 07 Waiver of Rights& In "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 The 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, 00700 - 14