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11(b). Builcler's Risk l�rsr�rarice. Cuntractor or Owner will provide Builder's Risk coverage. <br /> Such coverage shall be on whut is commonly known as un "Afl 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 /> Subcontr�ctor shall be respansible for, and bear the risk of, any and all non-c�verage, exclusions, and <br /> deductibles of such insurance. <br /> li(c}. Damage to Sr�Gco�rtractor's Property. Subcontractor shall maintain, dt its own expense, <br /> insurance coveruge agttinst the loss or destruction of any and ail of the equipment,tools,and other property <br /> owned or used by it in connection with the Work. <br /> !I(d). Certificate of Iiissrnuce. At least five {5)days priur to the commencement of thc Work <br /> hereonder,Sub�ontractor shall have Agent furnish to Contractor,in ihe manner provided in Section 25 for <br /> delivery of notices, two (2}copies of insurance certificates specifically stating that all insurance required <br /> herein is in force. AU policics of insurance required herein shull contain un endorsement spec�fying that <br /> cancellation of or materi�l change in such policies that will or may adversely affect the interests of <br /> Contractor shall not be effective for such period as may be prescribed by the laws of the State in which this <br /> Subcontrac[is tu be performed,but in no event less than thirty(30)days after written notice of said change <br /> or cancellation has been received by Contructor. Subcontr�ctor shall not bcgin any portion of the Work <br /> u�itil all certificates of insura�ice have been provided to Contractor by Agent. <br /> Certificate of Insurance Specific Wording Requirements: <br /> A. Descriotion of Operations: <br /> Wallace Associ�tes, L.L.C. is additional insured, including completed operations, on a blanket <br /> basis for all work by named insured. <br /> B. Certificare Hpldec <br /> Wallace Associates,L.L.C. <br /> 5435 Dr.M.L.King Street North <br /> St.Petersburg,FL 33703 <br /> C. Cancellatiai: <br /> Issuing insurer will mail 3U days written notice of ca�icellatian; ]0 days for non-payment <br /> 12. Srrbco��lractor's Represe►ttattve ai�d Workers. Subcontractor shalt have fl competent <br /> representt�tive at the Project at ail times material to performance of the Subcuntract, who sht�ll hnve <br /> absolute authority to act, in ull respects, on behalf of and for Subcoatractor. Subcontractor shaU replace <br /> s�id representative, without additional charge, if so dernanded by C�ntractor. Further, upon objection by <br /> Contractor on any reasonable ground, Subcontractor shall remove and replACe any worker, foreman, or <br /> supervisor within 24 hours pfter receipt of Contractor's written objection. Nothing contained in this Section <br /> 12 or elsewhere in this SubcontrACt shall be deemed ro cause Subcontrac[or (or any of its employees or <br /> �gents)ro become�n employee or agent of ContrACror,it being understood and agreed that Subcontractor is <br /> in all respects an independent contractor. <br /> l.3. Mai�aterta�rce of Site. Subc:ontractor shall at all times during the performance of this <br /> Subcootract be responsible for mt�intaining the site of the Work in u clean und orderly condition. <br /> Subcontractor shall comply with each and all of the Project Rules and Spec;ial Conditions set forth in <br /> Ezhibit"D" hereto. Should the Subcontractor fail to comply with this Section 13,Contrnctor may,but shall <br /> not be obligated to,perform such cleAnup and take such other corrective action as it deems necessury,and <br /> 3ubc:ontractor sha{I be liable to ContrACtor for any expenses incurred in connection therewith <br /> 14. Financial Records. Upon ContrACtor's request,Subcontractor shall provide ro Contractor all <br /> records,documents,nnd information substantiating that Subcontractor's requests for payment are proper in <br /> all respects and ure in aecordance with the terms of the Subc;ontract. !n addition, if Contractor has <br /> expressly waived in writing the bonding requirements in Section 20,or Subcontructor is in default for <br /> fAiling to comply with such requirements, then Contractor shall be given access tfl and copies of any <br /> document, rec;ord, or informsttion concerning Subcontractor's financial co�xfition including, but not limited <br /> to,books of account,financial statements,records maintained by banks and other finaix:i��l institutions,and <br /> information within the knowledge of any subcontractor, vendor, creditor, bank or credit information <br /> agency <br /> �3o6-i5-3oo <br /> Page R of 13 <br /> 5ulxuntract Agreement(Long Fomi) <br /> Revix��l 06/08/10 <br />