FLOOD08723

• County: Larimer
• Stream Name: Cache La Poudre
• Basin: South Platte
• Title: Specifications and Contract Documents for Reservoir Number 2 Rehabilitation Project
• Date: 7/1/1990
• Prepared For: Larimer
• Prepared By: Consultants
• Floodplain - Doc Type: Community File

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the Project is located or it ceases to meet the requirements
of paragraph 5.1, CONTRACTOR shall within five days
thereafter substitute another Bond and Surety, both of which
must be acceptable to OWNER.

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Contractor's Liability Insurance:

5.3. CONTRACTOR shall purchase and maintain such
comprehensive general liability and other insurance as is
appropriate for the Work being pertormed and furnished and
as will provide protection from claims set forth below which
may arise out of or result from CONTRACTOR's perfor-
mance and furnishing of the Work and CONTRACTOR's
other obligations under the Contract Documents, whether it
is to be performed or furnished by CONTRACTOR, by any
Subcontractor, by <lnyone directly or indirectly employed by
any of them to perform or furnish any of the Work, or by
anyone for whose acts any of them may be liable:

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5.3.1. Claims under workers' or workmen's compen-
sation, disability benefits and other similar employee ben-
efit acts;

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5.3.2. Claims for damages because of bodily injury,
occupational sickness or disease, or death of CONTRAC-
TOR's employees;

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5,3.3. Claims for damages because of bodily injury,
sickness or disease, or death of any person other than
CONTRACTOR's employees;

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5.3.4. Claims for damages insured by personal injury
liability coverage which are sustained (a) by any person
as a result of an offense directly or indirectly related to
the employment of such person by CONTRACTOR, or
(b) by any other person for any other reason:

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5.3.5. Claims for damages, other than to the Work
itself, because of injury to or destruction of tangible prop-
erty wherever located, including loss of use resulting
therefrom;

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5.3.6. Claims arising out of operation of Laws or Reg-
ulations for damages because of bodily injury or death of
any person or for damage to property; and

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5.3.7. Claims for damages because of bodily injury or
death of any person or property damuge arising out of the
ownership, muintenance or use of any motor vehicle.

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The insurance required by this paragraph 5.3 shall include
the specific coverages and be written for not less than the
Iimi[!<l of liability and coverages providl:d in the Supplemen-
tary Conditions, or required by law, whichever is greater.
The comprehensive general liability insurance shall include
completed operations insurance. All of the policies of insur-
ance so required to be purchased and maintained (or the
ceniflcntes or other evidence thereot) shall contain a provi-
sion or endorsement that the coverage afforded will not be
canceHed, materially changed or renewal refused until at least

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thirty days' prior writlen notice has been given to OWNER
and ENGINEER by certified mail. All such insurance shall
remain in effect until final payment and at all times thereafter
when CONTRACTOR may be correcting, removing or
repiacingdejecTil'e Work in accordance with paragraph 13.12.
In addition, CONTRACTOR shall maintain such completed
operations insurance for at least two years after final payment
and furnish OWNER with lo:vidence of continuation of such
insurance at final payment and one year thereafter.

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Contractual Liability Insurance:

5.4. The comprehensive general liability insurance required
by paragraph 5.3 will include contractual liability insurance
applicable to CONTRACTOR's obtigations under paragraphs
6.30 and 6.31.

Owner's Liability Insurance:

5.5. OWNER shall be responsible for purchasing and
maintaining OWNER's own liability insurance and, at
OWNER's option, may purchase and maintain such insur-
ance as will protect OWNER against claims which may arise
from operations under the Contract Documents.

Property Insurance:

5.6. Unless otherwise provided in the Supplementary
Conditions, OWNER shall purchase and maintain property
insurance upon the Work at the sile to the full insurable value
lhereof (subject to such deductible amounts as may be pro-
vided in the Supplementary Conditions or required by Laws
and Regulations). This insurance shall include the interests
of OWNER, CONTRACTOR, Subcontractors, ENGINEER
and ENGINEER's consultants in the Work, all of whom shall
be listed as insureds or additional insured parties, shall insure
against the perils of fire and extended coverage and shall
include "all risk" insurance for physical loss and damage
including theft, vandalism and malicious mischief, coJlapse
and water damage, and such other perils as may be provided
in the Supplementary Conditions, and shall include damages,
losses and expenses arising out of or resulting from any insured
loss or incurred in the repair or replacement of any insured
property (including but nol limited 10 fees and charges of
engineers, architects, attorneys and other professionals). If
not covered under the "all risk" insurance or otherwise pro-
vided in the Supplementary Conditions, CONTRAcrOR shall
purchase and maintain similar property insurance on portions
of the Work stored on and otfthe site or in transit when such
portions of the Work are to be included in an Application for
Payment.

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5.7. OWNER shall purchase and maintain such boiler and
machinery insurance or additional property insurance as may
be required by [he Supplementary Conditions or Laws an~
Regulations which will include the interests of OWNER,
CONTRACTOR, Subcontractors, ENGINEER AND
ENGINEER's consultants in the Work, all of whom shall be
listed as insured or additional insured parties.

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