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2 1966 OF damage to the nempleteit DreA. if e4theF OWNER OF GONT-RAGT-C) D objection to the coverage afforded by or other pr i- sions of the Bonds or insurance required t be salmse of less severed byany —,>,:epef#} purchased and maintained by the other party i ccor- dance with Article 5 on the basis of non-co rmance 9- pa Ft thereef by OWNER a „ FiAg pa tial with the Contract Documents , the objectin party shall utilization pursuant te-paragraph 14 .86 , after so notify the other party in writing withi 0 days after receipt of the certificates (or her evidence 14 . 041 9F afteF final payment puFauant to. requested) required by paragraph . 05 . C . OWNER paFagFaph 14.07 . and CONTRACTOR shall each rovide to the other such additional information i respect of insurance G . Any insuFanise peliGy FriaiRtained by OWNER provided as the other ma reasonably request. If either party does not pur ase or maintain all of the FefeFred t4n. On paFagrp-6 . ^' . Q shall sorttai; Bonds and insurance quired of such party by the provisions te the effeGt that in the event of payment e Contract Documents uch party shall notify the other aRy SU1ess .4�ge of Gensequential lege the party in writing of ch failure to purchase prior to the OFgl 1rers will have ne FiehtS of FeGoveFy against start of the Wor , or of such failure to maintain prior to any change the required coverage . Without ENGINEER' s Gensi dtantc and the effinero d "FeeteFs prejudice to ny other right or remedy, the other party paFtner-s , employees, agents , and other GensultaRts may elec o obtain equivalent Bonds or insurance to protect uch other party's interests at the expense of the rty who was required to provide such coverage, 5 . 08 Receipt and Application of Insurance be issued to adjust the Proceedsurjr A. Any insdred less- ander theheli—�rrsies - e 5 . 10 Partial Utilization, Acknowledgment of insurance required by paragraph 5 . 06 will be adjust Property Insurer with OWNER and made payable to OWNER as fiduciary for the insureds , as their interests may A. If OWNER finds it necessary to occupy or use appear, subject to the requirements of any ap icable a portion or portions of the Work prior to Substantial mortgage clause and of paragraph 5 . 08 . B . WNER Completion of all the Work as provided in paragraph shall deposit in a separate account any money so 14 . 05 , no such use or occupancy shall commence received and shall distribute it in accord ce with such before the insurers providing the property insurance agreement as the parties in interest y reach . If no pursuant to paragraph 5 . 06 have acknowledged notice other special agreement is reach the damaged thereof and in writing effected any changes in cover- Work shall be repaired or replac d , the moneys so age necessitated thereby. The insurers providing the received applied on account t reof, and the Work property insurance shall consent by endorsement on and the cost thereof cover d by an appropriate the policy or policies , but the property insurance shall Change Order or Written A ndment. not be canceled or permitted to lapse on account of any such partial use or occupancy. B . OWNER as fi ciary shall have power to adjust and settle any I s with the insurers unless one of the parties in inter st shall object in writing within 15 ARTICLE 6 - CONTRACTOR' S RESPONSIBILITIES days after the currence of loss to OWNER's exercise of this ower. If such objection be made, OWNER as f uciary shall make settlement with the 6 . 01 Supervision and Superintendence insurers in cordance with such agreement as the parties in ' terest may reach . If no such agreement A. CONTRACTOR shall supervise , inspect, and among a parties in interest is reached , OWNER as direct the Work competently and efficiently, devoting fiduci shall adjust and settle the loss with the such attention thereto and applying such skills and insu rs and , if required in writing by any party in expertise as may be necessary to perform the Work in in rest, OWNER as fiduciary shall give bond for the accordance with the Contract Documents . CON- TRACTOR shall be solely responsible for the means , methods , techniques , sequences , and procedures of 5 . 09 Acceptance of Bonds and Insurance; Option construction , but CONTRACTOR shall not be to Replace responsible for the negligence of OWNER or ENGINEER in the design or specification of a specific 00700 - General Conditions REV 04-07 00700 - 18 FAEnginaering\Capital Projects\0803 17th 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