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5.4. SR 05-21-2007
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5.4. SR 05-21-2007
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<br />.3 The Contractual Liability insurance shall include coverage sufficient to meet the obligations in <br />Section 3.18 of A20I™-1997. <br />.4 . As sho.wnonEwibit A - Certificate of Insurance <br /> <br />~ 8.1.3 Automobile Liability (owned, non-owned and hired vehicles) for bodily injury and property damage: <br />hi", . <br />1111IlU Each Accrdent <br /> <br />8.1.3.1 A~ "hown.on.Exhibit A Certificate ofInsurance <br /> <br />~ 8.1.4 Other coverage: <br /> <br />..8.JA,lAs.shown on Exhibit A Certificate ofInsurance <br /> <br />(If Umbrella Excess Liability coverage is required over the primary insurance or retention, insert the coverage <br />limits. Commercial General Liability and Automobile Liability limits may be attained by individual policies or by a <br />combination of primary policies and Umbrella and/or Excess Liability policies. if Project Management Protective <br />Liability Insurance is to be provided, state the limits here.) <br /> <br />~ 8.2 INSURANCE REQUIRED OF THE OWNER <br />During both phases of the Project, the Owner shall purchase and maintain liability and property insurance, including <br />waivers of subrogation, as set forth in Sections 11.2 and 11.4 of A201 "'-1997. Such insurance shall be written for <br />not less than the following limits, or greater if required by law: <br /> <br />~ 8.2.1 Pro~erty Insurance: <br />!!!II!I!Deductible Por OC~U1Tcnce <br />liil!!11 c\ggrcgate DeductIble <br /> <br /> <br />~ 8.2.2 Boiler and Machinery insurance with a limit of: <br />(if not a blanket policy, list the objects to be insured) <br /> <br />~ 8.3 PERFORMANCE BOND AND PAYMENT BOND <br />~ 8.3.1 Tire Canstmetion Manager }~. (IRsert "shall" or "shall not") fmnish bonds cm'ering faithful performance <br />oflhe C81ltract aHd paymeRt of obligations ari~ereU11der. Bonds nJJ)' be obtained tbffillgh tire COlwtlUction <br />~'lanabe.r's tlsHal S8lHl3e. and the cost thereof shall beSecuritv for Construction Man_~\it~r's nerformance and the <br />nerformance of a 11 Prime Contractors and Sunnli~n'Lb~I.e.under will be nrovided in the form_oX.Davrnent and <br />performance bonds as reouired bv Minn Stat,j5Z126. J~7 C?~.t of obtaining reouiredb()l1ds is included in the Cost <br />of the Work. The amoWlt of each bond ,hall be equal to ~1.LII+IJ'I\III4- The beneficiarY of the reouired.honds will be <br />Owner and Construction ManaQer. <br /> <br />8.3.1.1 The Construction Manager shall obtain bonds fromaI.1..c()ntractors covering the full valu.e()fthe work.of the <br />Contract Sum. <br /> <br />~ 8.3.2 The Construction Manager shall deliver the required bonds to the Owner at least three days before the <br />commencement of any Work at the Project site. <br /> <br />ARTICLE 9 MISCELLANEOUS PROVISIONS <br />~ 9.1 DISPUTE RESOLUTION <br />~ 9.1.1 During both the Preconstruction and Construction Phases, Claims, disputes or other matters in question <br />between the parties to this Agreement shall be resolved as provided in Sections 4.3 through 1.61...:;. of A201"L1997 <br />except that, during the Preconstruction Phase, no decision by the Architect shall be a condition precedent to <br />mediation-er arbitration. <br /> <br />~ 9.2 OTHER PROVISIONS <br />~ 9.2.1 Unless otherwise noted, the terms used in this Agreement shall have the same meaning as those in A201"'- <br />1997, General Conditions of the Contract for Construction. <br />
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