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r <br /> r ARTICLE 5 - BONDS AND INSURANCE Supplementary Conditions , certificates of insurance <br /> (and other evidence of insurance requested by OWN- <br /> ER or any other additional insured) which COW <br /> r 5 .01 Performance, Payment, and Other Bonds TRACTOR is required to purchase and maintain . <br /> A. C NTRACTOR shall t7:: <br /> l insured identified i upple- <br /> and payment Bonds, each in an amount at leas ual ns, certific nsurance (and <br /> to the Contract Price as security for the f - ul perfor- ce requested by CONTRAC- <br /> mance and payment of all TRACTOR'S r additional insured) which OWNER <br /> obligations under the Contra ocuments. These ed <br /> r Bonds shall remain in ct at least until one year <br /> after the date wh Inal payment becomes due, 5 .04 CONTRACTOR 's Liability Insurance <br /> except as pro ' d in <br /> by Laws or Regulations <br /> or by th ontract Documents . CONTRACTOR shall A. CONTRACTOR shall purchase and maintain <br /> M alsrnish such other Bonds as are required by the such liability and other insurance as is appropriate for <br /> the Work being performed and as will provide <br /> protection from claims set forth below which may <br /> an B . All Bonds shall be in the form prescribed by arise out of or result from CONTRACTOR's <br /> the Contract Documents except as provided other- performance of the Work and CONTRACTOR's other <br /> wise by Laws or Regulations , and shall be executed obligations under the Contract Documents , whether it <br /> by such sureties as are named in the current list of is to be performed by CONTRACTOR, any Subcon- <br /> r "Companies Holding Certificates of Authority as tractor or Supplier, or by anyone directly or indirectly <br /> Acceptable Sureties on Federal Bonds and as employed by any of them to perform any of the Work, <br /> Acceptable Reinsuring Companies" as published in or by anyone for whose acts any of them may be <br /> r Circular 570 (amended) by the Financial Management liable : <br /> Service, Surety Bond Branch , U . S. Department of the <br /> Treasury. All Bonds signed by an agent must be 1 . claims under workers' compensation , <br /> accompanied by a certified copy of such agent's disability benefits, and other similar employee <br /> r authority to act. benefit acts; <br /> C . If the surety on any Bond furnished by CON- 2. claims for damages because of <br /> r TRACTOR is declared bankrupt or becomes insolvent bodily injury , occupational sickness or disease, <br /> or its right to do business is terminated in any state or death of CONTRACTOR's employees; <br /> where any part of the Project is located or it ceases to <br /> meet the requirements of paragraph 5.01 .13 , 3. claims for damages because of <br /> r CONTRACTOR shall within 20 days thereafter bodily injury, sickness or disease, or death of <br /> substitute another Bond and surety, both of which any person other than CONTRACTOR's <br /> shall comply with the requirements of paragraphs employees ; <br /> r 5 .01 .8 and 5.02. <br /> 4. claims for damages insured by <br /> 5 .02 Licensed Sureties and Insurers reasonably available personal injury liability <br /> coverage which are sustained: (i) by any <br /> r A. All Bonds and insurance required by the person as a result of an offense directly or <br /> Contract Documents to be purchased and maintained indirectly related to the employment of such <br /> by OWNER or CONTRACTOR shall be obtained from person by CONTRACTOR, or (ii) by any other <br /> r surety or insurance companies that are duly licensed person for any other reason ; <br /> or authorized in the jurisdiction in which the Project is <br /> located to issue Bonds or insurance policies for the 5. claims for damages , other than to the <br /> limits and coverages so required . Such surety and Work itself, because of injury to or destruction <br /> r insurance companies shall also meet such additional of tangible property wherever located , including <br /> requirements and qualifications as may be provided in loss of use resulting therefrom ; and <br /> the Supplementary Conditions . g. claims for damages because of <br /> r 5 .03 Certificates of Insurance bodily injury or death of any person or property <br /> damage arising out of the ownership, mainte- <br /> A. CONTRACTOR shall deliver to OWNER, with nance or use of any motor vehicle. <br /> +. copies to each additional insured identified in the <br /> 00700 - General Conditions REV 04-07 <br /> 00700 - 15 <br /> F:\Engineering\JW Bliws\MasterContmdwaster Contract Dccumenls=700 - General Conditions REV 04-07.doc <br /> T <br />