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<br />, . <br /> <br />,. <br />. .' <br /> <br />r <br />I <br /> <br />C1 <br /> <br />ARTICLE IX <br /> <br />PA YMENTS <br /> <br />9.1 Payments may be withheld on account of (1) defective Work not remedied, (2) claims filed, (3) failure of Contractor <br />to make payments properly to Subcontractors or for labor, materials, or equipment, (4) damage to another contractor. <br />or (5) unsatisfactory prosecution of the Work by Contractor. <br />9.2 Final payment not due until contractor has delivered to Owner lien waivers covering material and his labor <br />included in the work, as well as lien waiver from all subcontractors, and major material suppliers for all material and <br />labor. or shall post a bond pursuant to the provisions of Article X. If any lien remains unsatisfied after any payments <br />have been made, Contractor shall refund to Owner those sums, when combined with the outstanding unpaid Project Sum. <br />necessary to discharge all liens, including all costs and reasonable attorneys' fees. <br />9.3 The making of final payment shall constitute a waiver of all claims by Owner except those arising from (1) <br />unsettled liens, (2) faulty or defective work discovered after the date of Substantial Completion, (3) failure of the Work <br />to comply with the requirements of the Contract Documents, or terms of any special guarantees required by the Contract <br />Documents. The acceptance of final payment shall constitute a waiver of all claims by Contractor except those previously <br />made in writing and still unsettled. <br /> <br />ARTICLE X <br /> <br />MECHANICS AND MATERIALMENS LIENS / B01'\D OF INDEMI'IFICATION <br /> <br />10. I Contractor shall obtain a payment bond in form and from a corporate surety. mutually acceptable to Owner <br />and Contractor. whenever any lien is affixed, attempted to be affixed, secured or claimed against the Project. Such bond <br />shall be payable to the lien claimant, describe the Project refer to the lien with sufficient clarity to identify the lien and <br />be of a dollar value equal to the amount claimed under the lien. <br />10.2 Contractor shall not allow any proceeding to be brought against the Project to establish. enforce. or foreclose <br />any lien, or claim of the lien, referred to in the bond. <br />10.3 This Article shall not be construed as a general waiver of lien rights against the Project by the Contractor, <br />or any Subcontractor, or materialmen. for the benefit of Owner. <br /> <br />ARTICLE XI <br /> <br />PROTECTION OF PERSONS AND PROPERTY <br /> <br />II. I Contractor shall be responsible for initiating. maintaining and supervising all safety precautions and programs <br />in connection with the Work. Contractor shall take all reasonable precautions for the safety of, and shall provide all reasonable <br />protection to prevent damage, injury or loss to (l) all employees on the Project and other persons who may be affected <br />thereby. (2) all the Work and all materials and equipment to be incorporated therein. and (3) other property at the project <br />site or adjacent thereto. Contractor shall comply with all applicable laws, ordinances, rules, regulations and orders of <br />any public authority having jurisdiction for the safety of persons or property or to protect them from damage, injury or <br />loss. All damage or loss to any property caused in whole or in part by Contractor, any Subcontractor or anyone directly <br />or indirectly employed by any of them. or by anyone for whose acts any of them may be liable, shall be remedied by <br />Contractor, except damage or loss attributable to faulty Drawings or Specifications, or to the acts or omissions of Owner <br />or anyone employed by it or for whose acts it may be liable but which are not attributable to the fault or negligence of <br />Contractor. <br /> <br />ARTICLE XII OWNER'S LIABILITY INSURANCE <br /> <br />]2.1 Owner shall be responsible for purchasing and maintaining its own liability insurance and, at its option. may <br />maintain such insurance as will protect it against claims which may arise from operations under the Agreement. <br /> <br />ARTICLE XIII BUILDER'S RISK COVERAGE <br /> <br />13.1 The Owner shall purchase and maintain builder's risk coverage or elect to self-insure the Project as follows: <br />13. I . ] Coverage: All risk of direct physical loss or damage from any external causes except as excluded. <br />13.1.2 Perils not insured: Wear, tear, deterioration. rust, rot. mold, vermin or insects; loss of market. loss <br />of use: mechanical failure, delay, faulty workmanship. latent defect; settling. shrinkage or expansion: infidelity or dishonesty. <br />mysterious disappearance, inventory shortage; earthquake; surface waters, and flood waters. freezing. electrical failure. <br />error or omission in design, plan or specification; War Risks; radioactive contamination or nuclear damage, all as defined <br />. in the master policy and such other exclusions specified in the master policy. <br />13. 1.3 Property Excluded: Contractors' and / or Subcontractors' equipment of every description. Automobiles <br />or other vehicles designed for highway llse. watercraft. aircraft. Machinery. tools, equipment and property of similar <br />nature not destined to become a permanent part of the instalfation of structure. Money, notes. securities, plans, blueprints. <br />specifications. and other similar papers. Trees, grass, shrubbery or plants. <br />form 4400157 11/88 <br />Page 5 of 6 <br />