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11{bJ. Br�ilder's Risk /»surorece. Cuntractor or Owner will provide Builder's Risk coverage.
<br /> Such coverage shall be on what is commonly known as un "All 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 shall be responsible for, And bear Ihe risk of, any and all non-coverage, exclusions, and
<br /> deductibles of such insurance.
<br /> !1(cj. Danrage to Sttbco�rt�actor's Property. Subcontractor shalt maintuin, at its own expense.
<br /> insurance coverAge aguinst the loss or destruction of any and al{of the equipment,tools,and other property
<br /> owned or used by it in connection with the Work.
<br /> ll(d). Cer�rficate of Insurance. At least five (5)days prior to the c�mmencement of the Work
<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 specifically stating that all insurance required
<br /> hecein is in force. All policics of insurance required herein shall contain an endorsement specifying that
<br /> cancellation of or materiAl 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 /> Subcontract is to be performed,but in no event less than thirty(30)days after written notice of suid change
<br /> or cuncellation has been received Uy Contractor. Subcontractar shaU not bcgin any portion of the Work
<br /> until ull certificates of insurance have been provided to C�ntractor by Agent.
<br /> Certificate of losurance Specific Wording Requirements:
<br /> A. Descriotion of Operations:
<br /> Wallace Associ�tes, L.L.C. is additiona! insured, incfudmg completed operations, on a blanket
<br /> basis for all work by namcd insured
<br /> I3. Certificate Holder.
<br /> Wallace Associates,L.L.C.
<br /> 5435 Dr.M.L. King Street North
<br /> St.Petersburg,FL 33?03
<br /> C. Canceilation:
<br /> Issuing insurer wif I mail 30 days written notice of cancellation; 10 days for non-payment
<br /> 12. Srrbconlracfor's Represe�tlative ai�d Workers. Subcontractor shall have a competent
<br /> i•epresent�tive at the Pro}ect at all times material to performance of the Subc�ntract, who sht�ll hnve
<br /> absoiute authurity to act, in all respects, on behalf of and for Subcontractor. Subcontrt�ctor shal{ replace
<br /> said representative, withc�ut additional chnrge, if so demanded by Contractor. Further,upon objection by
<br /> Contractor on any reasonable ground, SubcontrACtor shall remove and replace any worker, foreman, or
<br /> supervisor within 24 hours nfter receipt of Contractor's written objectian. Nothing cantained in this Section
<br /> l2 or elsewhere in this Subcontrt�ct shalt be deemed to cause Subcontracror(or any of its employees ur
<br /> �gents)to become an employee or agent of Contruclor,it being understood and agreed that Subcontractor is
<br /> in all respects an independent contractor.
<br /> 13. Maii�terrance of Site. Subc:ontractor shall at all times during the performince of this
<br /> Subcontract be c•esponsible for mnintaining the site of the Work in a clean and orderly condition.
<br /> Subcontractor shall comply with each and �ll of the Project Rules and Spec;ial Conditions set forth in
<br /> Exhibit"D" hereto. Should the Subcontractor fail to comply with this Section 13,Contrnetor mny,but shall
<br /> not be obligated to,perform such cleanup and take such other corrective action as il deems necessary,flnd
<br /> Subcontiact�r shall be tiaUle to Contractor for any expenses incurred in connection therewith
<br /> !4. Financial Records. Upon Contractor's request,Subcontractur s}wll provide to Contractor all
<br /> records,documents,nnd information substantiating that SubcontrACtar's requests for payment are proper in
<br /> all respects and are in Accordnnce with the terms of the Subcontra��t. In addition, if Contractor has
<br /> expressly waived in writing the bonding requirements in Section 20,or Subcontractor is 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 concerning Subcontractor's financial corxfition including, but not limited
<br /> to,books of account,financial statements,records maintained by banks�nd other finane:it�l institutions,and
<br /> information within the knowledge of any subcontractor, vendar, creditor, bank or credit information
<br /> agency
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<br /> Page R of 13
<br /> Subcontract Agreement(Long Fomi)
<br /> Rev ixetl 06/08/10
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