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Consultants , and any other individuals or 5 . 05 OWNER's Liability Insurance entities identified in the Supplementary Condi- tions , all of whom shall be listed as additional A In addition to the unsuFanGe. insureds , and include coverage for the respec- provided by CONTRACTOR under 1pa 5 . 04 , tive officers, directors , partners , employees , OWNER , at OWNER's option y purchase and agents , and other consultants and maintain at OWNER's se OWNER' s own liability subcontractors of each and any of all such insurance as protect OWNER against claims additional insureds , and the insurance afforded to these additional insureds shall provide primary coverage for all claims covered thereby; 5 . 06 Property Insurance 2 . include at least the specific coverages and be written for not less than the mentary Conditions, OWNER shall purchase d limits of liability provided in the Supplementary maintain property insurance upon the Work at the ite Conditions or required by Laws or Regulations , in the amount of the full replacement cost th reof whichever is greater; (subject to such deductible amounts as m y be provided in the Supplementary Conditions or quired 3 . include completed operations by Laws and Regulations) . This insurances II : insurance ; 1 . include the interests o OWNER , 40 include contractual liability insurance , covering CONTRACTOR's indemnity , obligations under paragraphs 6 . 07 , 6 . 11 , and individuals or entities ider ified in the 6 . 20 ; Supplementary Conditions, d the officers , directors , partners, employ es , agents, and 5 . contain a provision or endorsement other consultantsand sub ntractors of each that the coverage afforded will not be canceled , and any of them , each ofwhom is deemed to materially changed or renewal refused until at have an insurable interes and shall be listed as least thirty days prior written notice has been an additional insured ; given to OWNER and CONTRACTOR and to each other additional insured identified in the 2 . be written a Builder' s Risk "all-risk" Supplementary Conditions to whom a certificate or open peril or sp cial causes of loss policy of insurance has been issued (and the form that shall at least include insurance for certificates of insurance furnished by the CON- physical loss or amage to the Work, tempo- TRACTOR pursuant to paragraph 5 . 03 will so rary buildings, Ise work, and materials and provide) ; equipment in t nsit, and shall insure against at least the foll ing perils or causes of loss: fire , 6 . remain in effect at least until final lightning , a ended coverage, theft, vandalism payment and at all times thereafter when CON - and malici us mischief, earthquake , collapse, TRACTOR may be correcting , removing , or debris re oval , demolition occasioned by en- replacing defective Work in accordance with forcem t of Laws and Regulations, water paragraph 13 . 07 ; and dama and such other perils or causes of loss s may be specifically required by the 7 . with respect to completed operations Sup lementary Conditions; insurance, and any insurance coverage written on a claims-made basis, remain in effect for at 3 . include expenses incurred in the least two years after final payment (and CONTRACTOR shall furnish OWNER and each other additional insured identified in the ; Supplementary Conditions , to whom a certificate of insurance has been issued , 4 . ^mer materials and a ent' evidence satisfactory to OWNER and any such 4 stored at the Site or at anothe eatrt at was additional insured of continuation of such agreed to in wdnti NER prior to being insurance at final payment and one year incor in the Work, provided that such thereafter) . 00700 - General Conditions REV 04-07 00700 - 16 F:\Engineering\Capital Projects\080317th Lane SW Roadway Improvements from 27th Ave to approx. 900 LF east of 27th Ave\0803 Contract Documents\00700 - General Conditions REV 04-07.doc