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02 "T" Hangar Specs--Previous
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June 28, 2001
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02 "T" Hangar Specs--Previous
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Last modified
9/12/2012 11:16:53 AM
Creation date
6/25/2001 3:42:59 PM
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AGENDA
Item Number
02
AGENDA - Type
PLANS & SPECIFICATIONS
Description
"T" Hangar Specifications
AGENDA - Date
4/26/2001
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<br />~0 <br />S.S. All the policies of insuranec (or thc ccrtificatcs or <br />other evidence thereof) required to be purchased and main- <br />tained by OWNER in accordance with paragraphs 5.6 and <br />5.7 will contain a provision or cndorsement that the coverige <br />afforded wili not be canceiled or materially chan;ed or renewal <br />refused until at least thirty days' prior written notice has been <br />givcn to CONTRACTOR by certified mail and will contain <br />waiver provisions in accordance with paragraph 5.11.2. <br />5.9. OWNER shall not be responsible for purchasing and <br />maintaining any property insurance to protect the interests <br />of CONTRACTOR, Subcontractors or others in the Nork to <br />the extent of any deductible amounts that are provided in the <br />Supplementary Conditions. The risk of loss within the <br />deductibte amount, will be borne by CONTRACI'OR, Sub- <br />contractor or others sufi'ering any such loss and if any of them <br />wishes property insurance coveraoe within the limits of such <br />amounts, each may purchase and maintain it at the purchas- <br />er's own expense. <br />5.10. If CONTRACTOR requests in writing that other <br />special insurance be included in the property insurance pol- <br />icy, OWNER shall, if possible, include such insurance, and <br />the cost thereof witl be charged to CONTRACTOR by appro- <br />priate Change Order or Written Amendment. Prior to com- <br />mencement of the Work at the site, OWNER shall in writing <br />advise CONTRACTOR whether or not such other insurance <br />has been procured by OWNER. <br />Waiver of Rights: <br />5.11.1. OWNER and CONTRACTOR waive all rights <br />against each other for all losses and damages caused by <br />any of the perils covered by the policies of insurance <br />provided in response to paragraphs 5.6 and 5.7 and any <br />other propecty insurance applicable to the Work, and also <br />waive aU such rights against the Subcontractors, ENGI- <br />NEER, ENGINEER's consultants and all other parties <br />named as insureds in such policies for losses and damages <br />so caused. As required by paragraph 6.1l, each subcon- <br />tract between CONTRACTOR and a Subcontractor will <br />contain similar waiver provisions by the Subcontractor in <br />favorof OWNER, CONTRACTOR, ENGINEER, ENGI- <br />NEER's consultants and all other parties named as insureds. <br />None of the above waivecs sha(1 extend to the rights that <br />any of the insured parties may have to the proceeds of <br />insurance held by OWNER as trustee or otherwise pay- <br />able under any poticy so issued. <br />5.11.2. OWNER and CONTRACTOR intend that any <br />policies provided in response to paragraphs 5.6 and 5.7 <br />shall protect all of the parties insured and provide primary <br />coverage for all losses and damages caused by the perils <br />covered thereby. Accordingiy. all such policies shall con- <br />tain provisions to the effect that in the event of payment <br />oC any loss or damage the insurer will have no rights oC <br />recovery against any of the parties named as insureds or <br />additional insureds, and if the insurers require separate <br />waiver Corms to be sigrted by CNGINEER or ENGI- <br />NEER's consultant OWNER will obtain the same, and iC <br />such 6vaivcr forms arc requircd of any Subcontractor, <br />CONTRACTOR will obtain thc samc. <br />Receipt anAApplicatiort ojProceeds: <br />5.12. Any insured loss under the poticics of insurance <br />rcquircd by p:â–ºragraphs 5.6 and 5.7 wiil bc adjusted with <br />OWNER and made payable to OWNER as trustce for the <br />insureds, as their interests may appear, subject to the require- <br />ments of any applicable mortgage clause and of paragraph <br />5.13. OWNER shall deposit in a separate account any money <br />so received, and shall distribute it in accordance with such <br />agreement as the parties in interest may reach. If no other <br />special agreement is reached the damaged Work shall be <br />repaired or replaced, the moneys so received applied on <br />account thereof and the Work and the cost thereof covered <br />by an appropriate Change Order or Written Amendment. <br />5.13. OWNER as trustee shall have power to adjust and <br />settle any loss with the insurers unless one of the parties in <br />interest shall object in writing within fifteen days after the <br />occurrence of loss to OWNER's exercise of this power. If <br />such objection be made. OWNER as trustee shall make set- <br />tlement with the insurers in accordance with such agreement <br />as the parties in interest may reach. If required in writing by <br />any party in interest, OWNER as trustee shap, upon the <br />occurrence of an insured loss, give bond for the proper per- <br />formance of such duties. <br />Acceplance of Insuranee: <br />5.14. If OWNER has any objection to the coverage afforded <br />by or other provisions of the insurance required to be pur- <br />chased and maintained by CONTRACTOR in accordance <br />with paragraphs 5.3 and 5.4 on the basis of its not complying <br />with the Contract Documents, OWNER shall notify CON- <br />TRAC"fOR in writing thereof within ten days of the date of <br />delivery of such certificates to OWNER in accordance with <br />paragraph 2.7. If CONTRACTOR has any objection to the <br />coverage afforded by or other provisions of the policies of <br />insurance required to be purchased and maintained by 0«1NER <br />in accordance with paragraphs 5.6 and 5.7 on the basis of <br />their not complying with the Contract Documcnts, CON- <br />TRACTOR shall notify OWNER in writing thereof within ten <br />days of the date of delivery of such certificates to CON- <br />TRACTOR in accordance with paragraph 2.7. OWNER and , <br />CONTRACTOR shall each provide to the other such addi- tional information in respect of insurance provided by each <br />as the other may reasonably request. Failure by OWNER or <br />CONTRACTOR to give any such notice of objection within <br />the time provided shall constitute acceptance oC such insur- <br />ance purchased by the other as complying with the Contract <br />Documents. <br />Partia[ Utiliurlion-Property lnsurance: <br />5.15. If OWNER finds it necessary to occupy or use a <br />portion or portions oC the Work prior to Substantial Comple- <br />tion of all thc Work, such use or occupancy may be arcom- <br />ptished in accordance with paragraph 14.10; provided that no <br />41 <br />
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