28.
C-1.22
If blasting or demolition or both is required by the contract, the Contractor or Subcon-
tractor shall obtain the respective coverage and shall furnish the Engineer a certificate of
insurance evidencing the required coverages prior to commencement of any operations
involving blasting or demolition or both.
27.3. The Contractor shall procure and shall maintain during the life of this contract
comprehensive automobile liability insurance to include all motor vehicles including
owned, hired, borrowed and non-owned vehicles.
Limits of liability: $1,000,000 combined single limit for
bodily injury and property damage.
27.4 The Contractor shall
either:
a. Require each of his Subcontractors to procure and to maintain during the
life of his subcontract commercial general liability insurance and comprehensive
automobile liability insurance of the type and in the amounts specified in articles
27.2 and 27.3; or
b. Insure the activities of his Subcontractors in his policy.
27.5 The required insurance shall provide adequate protection for the Contractor and
his Subcontractors, respectively, against damage claims which may arise from work
under this contract, whether such work be by the insured or by anyone employed by him
and also against any of the special hazards which may be encountered in the performance
of this contract.
27.6 The Contractor shall furnish the Owner with certificates showing the type,
amount, class of operations covered, effective dates and dates of expiration of policies.
Such insurance shall not be canceled or materially altered, except after 10 days written
notice has been received by the Owner.
27.7 For builder's risk insurance (fire and extended coverage) and until the work is
completed and accepted by the Owner, the Contractor is required to maintain builder's
risk type insurance on a 100 percent completed value basis on the insurable portion of the
work for the benefit of the Owner, the Contractor, and Subcontractors as their interests
may appear.
27.8 The Contractor shall take out and furnish to the Owner and maintain during the
life of this contract, complete Owner's protective liability insurance.
Limits of Liability: | $1,000,000 each occurrence;
$2,000,000 aggregate.
Contract Security. The Contractor shall within ten (10) days after the receipt of the
Notice of Award furnish the Owner with a performance bond and a payment bond in
penal sums equal to the amount of the contract price conditioned upon the performance
by the Contractor of all undertakings, covenants, terms, conditions and agreements of the
Contract Documents, and upon the prompt payment by the Contractor to all persons
supplying labor and materials in the prosecution of the Work provided by the contract
Documents. Such Bonds shall be executed by the Contractor and a corporate bonding
company licensed to transact business in the state in which the Work is to be performed