OTHER-2025-025-CMAR Contact - Laserfiche WebLink

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I 3 ii i 46 . 1 . 3 . Failure of the CMAR or Subcontractor(s) to make payments properly to Subcontractors or sub-subcontractors or for labor, materials or equipment; 46 . 1 .4 . Reasonable evidence that the Work cannot be completed for the unpaid balance of the GMP ; I 46 . 1 . 5 . Damage to the Owner or another Subcontractor; i 46 . 1 . 6 . Reasonable evidence that the Work will not be completed within the contract time, and that the unpaid balance would not be adequate to cover actual or liquidated damages for the anticipated delay ; 46 . 1 . 7 . Failure to carry out the Work in accordance with the Contract Documents ; 46 . 1 . 8 . Failure to provide sales tax documentation as required by the Owner; 46 . 1 . 9 . Failure or refusal of the CMAR or Subcontractors to submit the required information on minority business enterprises ; 46 . 1 . 10 . Any other reason deemed necessary by the Project Designer to protect the Owner unless arbitrary and unreasonable ; or i 46 . 1 . 11 . Subsequently discovered evidence that Work previously approved was not performed in accordance with the Contract Documents , 46 . 2 . When the above reasons for withholding certification are removed, certification will be made for amounts previously withheld . 46 . 3 . The Owner' s Representative may withhold a certificate for payment in whole or in part, to the extent reasonably necessary to protect the Owner . 47 . INSURANCE REQUIREMENTS 47 . 1 . CMAR shall procure and maintain for the duration of the contract the following insurance coverage from an insurance company(s) possessing a rating of A-VI or higher from the A . M . Best Company or an equivalent rating service . All of the policies required of the CMAR shall contain a waiver of subrogation provision to waive all rights of recovery under subrogation or otherwise against the Owner. CMAR shall advise the Owner of any cancellation , non-renewal, or material change in any policy within ten ( 10) days of notification of such action and provide updated certificates of insurance evidencing renewals within fifteen ( 15 ) days of expiration . All of the policies required of the CMAR shall be primary and the CMAR agrees that any insurance or self-funded liability programs maintained by the Owner shall be non-contributing with respect to the CMAR ' s insurance . Insurance coverage shall be obtained from companies that are authorized to provide such coverage and that are authorized by the Commissioner of Insurance to do business in North Carolina . CMAR, upon request, shall furnish Owner with complete copies of insurance policies required . By requiring insurance herein , the Owner does not represent that coverage and limits will necessarily be adequate to protect CMAR, and such coverage and limits shall not be deemed as a limitation on CMAR' s liability under the indemnities granted to the Owner in this Contract . Any umbrella or excess liability coverage must be at least as broad as the primary coverage and contain all coverage provisions that are required of the primary coverage . I The failure of the Owner at any time to enforce the insurance provisions , to demand such certificates of insurance, or to identify a deficiency shall not constitute a waiver of those Page 44 of 52 Revised 12/24, 4/25 i E 9