IMCO General Construction, Inc. 8/28/2024

Section 00 72 00 GENERAL CONDITIONS City of Everett 00 72 00-57 June 2024 WFP Air Scour Blower Building Replacement Issued for Bid UP3813 15.3.14.2 Builders’ Risk The Contractor shall procure and maintain during the life of the Contract, or until acceptance of the project by Owner, whichever is longer, “All Risk” Builders Risk or Installation Floater Insurance at least as broad as ISO form number CP0020 (Builders Risk Coverage Form) with ISO form number CP0030 (Causes of Loss – Special Form) including coverage for collapse, theft, off-site storage and property in transit. The coverage shall insure for direct physical loss to property of the entire construction project, for 100% of the replacement value thereof and include earthquake. The policy shall be endorsed to cover the interests, as they may appear, of the Owner, Contractor and subcontractors of all tiers with the Owner and sub-contractors listed as a Named Insured. In the event of a loss to any or all of the work and/or materials therein and/or to be provided at any time prior to the final close-out of the Contract and acceptance of the project by the Owner, the Contractor shall promptly reconstruct, repair, replace or restore all work and/or materials so destroyed. Nothing herein provided for shall in any way excuse the Contractor or its surety from the obligation of furnishing all the required materials and completing the work in full compliance with the terms of the Contract. 15.3.14.3 Other Coverages Other additional coverages that may be required will be listed in the Specifications. 15.3.14.4 Limits Such policy(ies) must provide the following minimum limits: Bodily Injury and Property Damage - $ 5,000,000 General Aggregate $ 2,000,000 Products & Completed Operations Aggregate $ 2,000,000 Personal & Advertising Injury $ 2,000,000 Each Occurrence $ 100,000 Fire Damage Stop Gap Employers Liability $ 1,000,000 Each Accident $ 1,000,000 Disease - Policy Limit $ 1,000,000 Disease - Each Employee A stop gap policy limit of $500,000 will be acceptable if, and only if, the Contractor Excess or Umbrella Liability policy required by 15.3.14.6 Excess or Umbrella Liability provides coverage over the stop gap policy. 15.3.14.5 Automobile Commercial Automobile Liability: as specified by Insurance Services Office, form number CA 0001, Symbol 1 (any auto), with an MCS 90 endorsement and a CA 9948 endorsement attached if “pollutants” as defined in exclusion 11 of the commercial auto policy are to be transported. Such policy(ies) must provide coverage with a combined single limit of not less than $1,000,000 for each accident. 15.3.14.6 Excess or Umbrella Liability The limits stated in this section 15.3.14 may be satisfied by a combination of liability and, if necessary, commercial umbrella/excess policies.