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City of Everett 00 72 00 - 53 <br /> <br /> <br /> <br />00 72 00 - 53 GENERAL CONDITIONS <br />- Stop Gap or Employers Contingent Liability <br />- Explosion, Collapse, or Underground (XCU), (as applicable)* <br />- Liquor Liability/Host Liquor Liability (as applicable)* <br />- Fire Damage Legal <br />- Blasting (as applicable)* <br />*These coverages are only required when the Contractor’s Work under this agreement includes <br />exposures to which these specified coverage respond. <br />If the Contract requires working over water, the following additional coverages are required: <br />a. Watercraft, owned and non-owned <br />b. U.S. Harborworkers’/Longshoremen and Jones Act <br />15.3.14.2 Builders’ Risk <br />The Contractor shall procure and maintain during the life of the Contract, or until acceptance of the <br />project by Owner, whichever is longer, “All Risk” Builders Risk or Installation Floater Insurance at least <br />as broad as ISO form number CP0020 (Builders Risk Coverage Form) with ISO form number CP0030 <br />(Causes of Loss – Special Form) including coverage for collapse, theft, off-site storage and property in <br />transit. The coverage shall insure for direct physical loss to property of the entire construction project, for <br />100% of the replacement value thereof and include earthquake. The policy shall be endorsed to cover the <br />interests, as they may appear, of the Owner, Contractor and subcontractors of all tiers with the Owner and <br />sub-contractors listed as a Named Insured. In the event of a loss to any or all of the work and/or materials <br />therein and/or to be provided at any time prior to the final close-out of the Contract and acceptance of the <br />project by the Owner, the Contractor shall promptly reconstruct, repair, replace or restore all work and/or <br />materials so destroyed. Nothing herein provided for shall in any way excuse the Contractor or its surety <br />from the obligation of furnishing all the required materials and completing the work in full compliance <br />with the terms of the Contract.. <br />15.3.14.3 Other Coverages <br />Other additional coverages that may be required will be listed in the Specifications. <br />15.3.14.4 Limits <br />Such policy(ies) must provide the following minimum limits: <br />Bodily Injury and Property Damage - <br />$ 5,000,000 General Aggregate <br />$ 2,000,000 Products & Completed Operations Aggregate <br />$ 2,000,000 Personal & Advertising Injury <br />$ 2,000,000 Each Occurrence <br />$ 100,000 Fire Damage <br />Stop Gap Employers Liability <br />$ 1,000,000 Each Accident <br />$ 1,000,000 Disease - Policy Limit <br />$ 1,000,000 Disease - Each Employee <br />A stop gap policy limit of $500,000 will be acceptable if, and only if, the Contractor <br />Excess or Umbrella Liability policy required by 15.3.14.6 Excess or Umbrella Liability <br />provides coverage over the stop gap policy.