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I1(bJ. B[til[ler's Risk Insurance Contracror or Owner will provide Builder's Risk coverage.
<br /> Such coverage shall be on what is commonly known as an "A11 Risks" basis. It shall be Subcontractor's
<br /> responsibility to satisfy himself as to the terms, scope, exclusions, and deductibles of such insurance, and
<br /> Subcontractor shatl be responsiUle for, and bear the risk of, any and all non-coverage, exclusions, and
<br /> deductibles of such insurance.
<br /> !1(c). Da�nage to Sr�Gcontractor's Property. Subcontractor shall maintain, �t its own expense,
<br /> insurance coverage against the loss or destruction of any and:�Il of the equ►pment,tools,and other property
<br /> owned or used by it in connection with the Work.
<br /> !1(d). Certificate of Insr�ra�►ce At least five {5) days prior to the commencement o'`the Worlc
<br /> hereunder,Subcontractor shall have Agent furnish to Contractor, in the manner provided in Section 25 for
<br /> delivery of notices, two (2} copies of insurance certificates specitically stating that all insurance required
<br /> herein is in force. All policies of insurance required herein shall contain an endorsement specifying that
<br /> cancellation of or materill change in such policies that w+ll or may adversely affect the interests of
<br /> Contractor shall not be effective for such period as m�y be prescribed by the laws of the State in which this
<br /> Subcontract is to be performed,but in no event less than thirty{30)days after writfen notice of said change
<br /> or cxncellation has been received by Contractor. Subcontractor shall rwt begin any portion of the Work
<br /> until all certificates of insurance have been provided to Contractor by l�gent.
<br /> Certificale of Insurance Specific Wording Requirements:
<br /> A. Description of Operations:
<br /> Wallace Associates, L.L.C. is ndditiona! insured, inctuding complered operations, on a blanket
<br /> basis for all work by named insured.
<br /> B Certificate Holder
<br /> Wallnce Associates,L.L.C.
<br /> 5435 Dr.M.L. King Street North
<br /> St. Petersburg,FL 33703
<br /> C. Cancellation:
<br /> Issuing insurer wifl mail 30 days written notice of cancellation; 10 days for non-paymerit
<br /> 12. Sr�bcontrnctor's Representative and Wa•kers Subcont��actor shall have Z competent
<br /> represent�tive at the Pro�ect at all times material to performance of the Subcontract, who shnll have
<br /> absolute authoriry to act, in ail respects, on behalf of and for Subcontractor. Subcontr��ctor sliall replace
<br /> said representative, without additional charge, if so demanded by Contractor. Further, upon objection by
<br /> Contractor on any reasonable grotind, Subcontractor shall remove and replace �tny worker, foreman, or
<br /> supervisor within 24 hours after receipt of Contractor's written objection. Nothing contained in this Section
<br /> 12 or elsewhere in this Subcontr:ict shall be deemed ro cause Subcontrac[or (or any of its employees or
<br /> ngents)to become an employee or agent of Contr�ctor, it being understood and agreed that Subcontractor is
<br /> in all respec�s an independent contractor
<br /> !3 Mai�rte�rance of Site. Subconh�actor shall ut all times during the performance of this
<br /> Subcontr�ct be responsible for m�intaining the site of the Work in a clean and orderly condition.
<br /> Subcontracror sh�ll comply with each and all of the Project Rules and Special Conditions set forth in
<br /> Sxhibit"D" hereio. Should the Subcontractor flil to comply with this Section 13,Contracror may,but shal!
<br /> not be obligated to,perform such cleanup and t<<ke such other con�ective achon us it deems necessary,1nd
<br /> Sulx:ontraetor shall be ki�ble to Contractor for any expenses incurred in connection therewith
<br /> /4. Financial Records. Upon Contr:ictor's request. Subcontracror shall pruvide to Ca�nU•actor all
<br /> records,documents,and information substantiating that Subcontractor's requests for payment are proper in
<br /> all respects and �re in accordance with the terms of the Subcontracl. ln addition, if Contractor has
<br /> expressly wa�ved in writing the bonding requirements in Sec�ion 20, or Subcontractor �s in default for
<br /> failing to comply with such requirements, then Contractor shall be given access to and copies of any
<br /> document, record, or informltion cuncerning Subcontractor's financial condition including, but not limited
<br /> to, books of account, financial statemen[s,records maintained by banks and other financial instittutions,and
<br /> information within the knowledge of any subcontractor, vendor, creditor, bank or credit i�nformation
<br /> agency
<br /> i3o6-i5-3oo
<br /> Page 8 of I 3
<br /> SutxonVact Agreemont(Long Form)
<br /> Revixed 06/08/10
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