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8' � ~� !i = — _DRAFT <br /> In ad�ten to the ir�a�s atiove Develooer shall reauire Wer� Grouo to <br /> purchasa.and ma�ain "All or Soecial Fortn" Buiiders Risk Insurance on a renlacement cost <br /> bas a� amour�'auat to the3ull re�lacement cost of the Proiect on a comoleted value basis " <br /> includinaxover�.cost3�uch as desian enaineerina and consVuction manaaement fees <br /> __ ilde�k insurance 3'f1�il cover all risks of loss includina but not limited t� fire: liahtnin4: <br /> _= windst�sa: haiF old occasioned bv construction defect exolosion riot riot attend� �a a strike: civil <br /> _ commotio2smoke�amaae• damaae bv�ehiGes• vandalism and maliaous mischie theft .�'" °° °1ea « <br /> — ----.._----�"' <br /> ! colla se• fl � and earth uake and sh�dl be in a form acce table to Ci s Risk Mana er. This ' <br /> -�surance sfiall name the Citv and Aoencv as their interests mav an�ear and shall include <br /> coveraa�m�ludina but not limited to all damaqes or loss to the work• to aoourtenances to <br /> materiafis and eoui�ment to be used on the Proiect while the same are in transit or stored on or off <br /> th�roiect site• and/or to construction olant and temoorarv structures <br /> The Builder's Risk insurer shall waive all ri hts of subro ation a ainst Ci and A enc . <br /> Builder's Risk Insurance ma have a deductible clause not to exceed 100 00 for all erils other D°1e6edt <br /> than earthauake and flood. Develooer shall be res�onsible for �avina anv and all deductible costs �`�`��,,,ke �°au o«i� omx <br /> than earth <br /> The Builder's Risk oolicv shall orovide Citv and Aaencv the riqht to occuov the Public <br /> Parkin4 Facilitv premises without termination of the �olicv until acceotance of the Proiect <br /> C. Developer shall require each Consultant that is performing Services in connection with <br /> construction of the Public Parking Facility to maintain the following minimum insurance: <br /> Insurance Cateaorv Minimum Limits <br /> Workers' Compensation statutory minimum <br /> Employer's Liability 1 000 000 per accident for bodily injury <br /> or disease <br /> Commerciaf Generai 1 000 000 per occurrence and <br /> Liability $2,000,000 aggregate for <br /> bodily injury, personal injury and property damage <br /> [add spec�c coverages – completed operations, <br /> exu, etc.] <br /> Automobile Liability $1,000,000 per accident for bodily injury <br /> and property damage <br /> Professional Liability $1,000,000 per claim and aggregate <br /> ,�t0ad: Font: 9 pt <br /> 9'26/03 Z p ��� Ddatad:56877v1033786N0p1 <br /> � 56E'�atC 33786/OOOL <br /> D __ ..-----------------------� •�.. <br />