Orange County NC Website
Orange County West Campus Office Building -HVAC <br />PDC Project 23020 GENERAL CONDITIONS (INFORMAL <br />PROJECT)00 72 00 - 14 <br />OF SUCH ALTERATION OR CANCELLATION.IF ENDORSEMENTS ARE NEEDED TO COMPLY WITH <br />THE NOTIFICATION OR OTHER REQUIREMENTS OF THIS ARTICLE COPIES OF THE <br />ENDORSEMENTS SHALL BE SUBMITTED WITH THE CERTIFICATES. <br />WORKER’S COMPENSATION AND EMPLOYER'S LIABILITY <br />THE CONTRACTOR SHALL PROVIDE AND MAINTAIN,UNTIL FINAL ACCEPTANCE,WORKMEN'S <br />COMPENSATION INSURANCE,AS REQUIRED BY LAW,AS WELL AS EMPLOYER'S LIABILITY <br />COVERAGE WITH MINIMUM LIMITS OF $100,000. <br />PUBLIC LIABILITY AND PROPERTY DAMAGE <br />THE CONTRACTOR SHALL PROVIDE AND MAINTAIN,UNTIL FINAL ACCEPTANCE,COMPREHENSIVE <br />GENERAL LIABILITY INSURANCE,INCLUDING COVERAGE FOR PREMISES OPERATIONS, <br />INDEPENDENT CONTRACTORS,COMPLETED OPERATIONS,PRODUCTS AND CONTRACTUAL <br />EXPOSURES,AS SHALL PROTECT SUCH CONTRACTORS FROM CLAIMS ARISING OUT OF ANY <br />BODILY INJURY,INCLUDING ACCIDENTAL DEATH,AS WELL AS FROM CLAIMS FOR PROPERTY <br />DAMAGES WHICH MAY ARISE FROM OPERATIONS UNDER THIS CONTRACT,WHETHER SUCH <br />OPERATIONS BE BY THE CONTRACTOR OR BY ANY SUBCONTRACTOR,OR BY ANYONE DIRECTLY <br />OR INDIRECTLY EMPLOYED BY EITHER OF THEM AND THE MINIMUM LIMITS OF SUCH INSURANCE <br />SHALL BE AS FOLLOWS: <br />$500,000 PER OCCURRENCE <br />$100,000 PER OCCURRENCE /$300,000 AGGREGATE <br />IN LIEU OF LIMITS LISTED ABOVE,A $500,000 COMBINED SINGLE LIMIT SHALL SATISFY BOTH <br />CONDITIONS. <br />SUCH COVERAGE FOR COMPLETED OPERATIONS MUST BE MAINTAINED FOR AT LEAST TWO (2) <br />YEARS FOLLOWING FINAL ACCEPTANCE OF THE WORK PERFORMED UNDER THE CONTRACT. <br />PROPERTY INSURANCE (BUILDER’S RISK/INSTALLATION FLOATER) <br />THE CONTRACTOR SHALL PURCHASE AND MAINTAIN PROPERTY INSURANCE UNTIL FINAL <br />ACCEPTANCE,UPON THE ENTIRE WORK AT THE SITE TO THE FULL INSURABLE VALUE THEREOF. <br />THIS INSURANCE SHALL INCLUDE THE INTERESTS OF THE OWNER,THE CONTRACTOR,THE <br />SUBCONTRACTORS AND SUB-SUBCONTRACTORS IN THE WORK AND SHALL INSURE AGAINST <br />THE PERILS OF FIRE,WIND,RAIN,FLOOD,EXTENDED COVERAGE,AND VANDALISM AND <br />MALICIOUS MISCHIEF.IF THE OWNER IS DAMAGED BY FAILURE OF THE CONTRACTOR TO <br />PURCHASE OR MAINTAIN SUCH INSURANCE,THEN THE CONTRACTOR SHALL BEAR ALL <br />REASONABLE COSTS PROPERLY ATTRIBUTABLE THERETO;THE CONTRACTOR SHALL EFFECT <br />AND MAINTAIN SIMILAR PROPERTY INSURANCE ON PORTIONS OF THE WORK STORED OFF THE <br />SITE WHEN REQUEST FOR PAYMENT PER ARTICLES SO INCLUDES SUCH PORTIONS. <br />DEDUCTIBLE <br />Docusign Envelope ID: 8DED1454-68D2-4E36-9FC6-E56FF2124E5D