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<br />a. Comprehensive General Liability Insurance <br />including a Broad Form endorsement and a Broad <br />Form Property Damage endorsement with limits not <br />less than $1,000,000 Combined Single Limit. If <br />appropriate, Contractor shall also maintain <br />scaffolding and demolition insurance. <br />b. Workers Compensation Insurance in accordance with <br />applicable state requirements. <br />c. Employers' Liability Insurance in an amount not <br />less than $100,000. <br />d. Comprehensive Automobile Liability Insurance <br />including owned, non-owned and hired coverage in <br />an amount not less that $500,000 Combined Single <br />Limit. <br />e. Contractor shall also satisfy any i.nsurance <br />requirements necessitated by any pertinent <br />governmental authority. <br />f. At Owner's election, Contractor shall maintain <br />Bui lder ' s Risk insurance covering the premises. <br />Such insurance shall be written on an all risk <br />basis, and will cover all the work until Owner's <br />final acceptance of same. <br /> <br />At its election, Owner may waive the requirement that <br />Contractor maintain the insurance set forth in <br />paragraph 7f. In such instances, the Owner will bear <br />the risk of loss to the building structure and any <br />equipment or fixtures attached or installed to the <br />building structure. Owner will not be responsible for <br />any equipment or personal property of the Contractor or <br />its agents under these circumstances. <br /> <br />8. Risk of Loss. with the exception of the risk of loss <br />assumed by the Owner when the requirement to maintain <br />the insurance set forth in Paragraph 7f is specifically <br />waived by the Owner, Contractor assumes all risks, <br />hazards, and conditions in connection with the <br />performance of this Contract, and Contractor shall be <br />solely responsible for the work until final acceptance <br />of the completed work by the Owner. <br /> <br />9. custody of Plans. Contractor shall retain in its sole <br />custody (except as required for the performance of the <br />Work), all drawings, plans, specifications and any <br />copies thereof furnished to Contractor by Owner. A co- <br />signed set of such drawings, plans, and specifications <br />shall be kept on the premises at all times during the <br />course of construction. All drawings, plans, <br />specif ications and copies thereof furnished by Owner <br />shall remain Owner's and shall be returned to Owner at <br />the completion of the Work, together with a complete <br />set of "as built" plans. <br /> <br />RS 8236 5/89 <br /> <br />5 <br />