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Minimum Limits - General Liability <br />'. Bodily injury <br />2. Property damage <br />Minimum Limits - Automobile Liability <br />1. Bodily injury <br />2. Property damage <br />$500,000.00 each occurrence <br />$500,000.00 completed operations <br />$100,000.00 each occurrence <br />$200,000.00 aggregate <br />$250,000.00 each person <br />$500,000.00 each occurrence <br />$100,000.00 each occurrence <br />$200,000.00 aggregate <br />it is required that basic exclusions For damage caused by explosion, collapse <br />and damage to underground fscil:tics, commcnly known as X, C, U exclusions, be <br />removed from the policies and so indica`ed as covered in the declarat=.on and <br />on certi.'.icates of insurance. This provision of the Conditions of the <br />Contract will be waived on above ground projects where hazards of explosion <br />and/or :ullapse do not exist. The ex lusion of explosion will be waived on <br />underground projects where bleating is not required and where the hazards of <br />explosion do not exist. <br />In addition to all of the listed coverages, the Contracto: shall procure and <br />maintain an Umbrella Excess Liability Policy in a minimum limit of <br />$1,000,001.00. <br />8.1.4 Builder's Risk Insurance: Before commencement of the Work, the <br />Contractor shall provide Builder's Risk Insurance on a multiple peril icrm <br />in the full amount of the total construction and material contract. Such <br />insurance shall contain an appropriate rider tc include as Additional <br />Named Insureds, the Owner, the Engineer and his consultants, and each of <br />their officers, employees and agents, all subcontractors, the equipment <br />contractors and all of their subcontractors on the construction premises. <br />Such insurance may have a deductible clause but the deductible amount <br />shall be borne by the Contractor and shall not exceed $1,000.00. <br />The Builder's Risk Insurance required herein shall apply to projects <br />involving construction of structures and building only. The requirements <br />of this section shall be waived on projects involving only underground <br />utilities, grading, street improvements and similar construction work, but <br />any damage or lose to property shall be the sole responsibility of the <br />Contractor until final acceptance of the Work. <br />If the Owner finds it necessary to occupy or use a portion or portions of <br />the Work prior to substantial completion thereof, such occupancy shall not <br />e-... coassence prior to a time mutually agreed to by the Owner and Contractor <br />and to which the insurance company or companies providing the property <br />insurance have consented by endorsement to the policy or policies. This <br />„r insurance shall not he cancelled or lapsed on account of such par` ' <br />100 <br />35;ha . <br />4/Al <br />