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1 <br /> f. BUILDERS RISK INSURANCE IN AN AMOUNT EQllAL TO 100X OF THE I <br /> COMPLETED VALUE OF THE WORK. THIS :NSURANCE SHALL BE <br /> WRITTEN ON AN ALL RISK FORM AND SHALL INCLUDE WATER DAMAGE ' <br /> (EXCEPT FOR FLOOD) , FIRE, EXTENDED COVERAGE, VANDALISM AND <br /> MALICIOUS MISCHIEF, THEFT, COLLAPSE, GLASS AND RESULTANT <br /> DAMAGE FROM FAULTY WORK, FAULTY MATERIALS, AND ERRORS AND <br /> OMISSIONS IN DESIGN. THE DEDUCTIBLE AMOUNTS SHALL BE NO � <br /> MORE THAN $1 ,000. THIS INSURANCE SHALL NAME AS INSURED THE <br /> PARK DISTRICT, THE CONTRACTOR� AND CONSULTANT, AND ALL <br /> SUBCONTRACTORS AND SUPPLIERS AT THE JOB SITE. , <br /> g. UMBRELLA LIABIIITY INSURANCE IN THE AMOUNT SPECIFIED IN THE <br /> SPECIAL CONDITIONS. , <br /> 2. INSURANCE CERTIFICATES EVIDENCING THAT THE ABOVE INSURANCE IS <br /> IN FORCE WITH COMPANIES ACCEPTABLE TO THE PARK DISTRICT IN THE <br /> AMOUNTS REQUIRED, AND NAMING THE PARK DISTRICT AS AN ADDITIONAL , <br /> INSURED WITH RESPECT TO THE PROJECT ON ALL POLICIES IN WHICH <br /> THE PARK DISTRICT IS NOT A NAMED INSURED, SHALL BE SUBMITTED TO <br /> THE PARK DISTRICT PRIOR TO THE EXECUTION OF THE CONTRACT. IN ' <br /> ADDITION TO THE NORMAL INFORMATION PROVIDED ON THE INSURANCE <br /> CERTIFICATE� THE CERTIFICATE SHALL SPECIFICALLY PROVIDE THAT: <br /> a. THE COVERAGE WILL NOT BE MODIFIED EXCEPT UPON 30 DAYS PRIOR , <br /> WRITTEN NOTICE TO THE PARK DISTRICT; <br /> b. THE CONTRACTUAL LIABILITY HAZARD HAS BEEN INSURED FOR THE � <br /> REQUIRED AMOUNTS. <br /> 3. THE CONTRACTOR SHALL PROVIDE THE PARK DISTRICT WITN COPIES OF � <br /> THE ACTUAL INSURANCE POLICIES UPON REQUEST. <br /> C. INDEMNIFICATION <br /> THE CONTRACTOR SHALL INDEMNIFY AND HOLD HARMLESS THE PARK DISTRICT , <br /> AND ITS REPRESENTATIVES, AGENTS AND EMPLOYEES FROM ALL CLAIMS, <br /> DAMAGES, LOSSES AND EXPENSES. INCLUDING BUT NOT LIMITED TO � <br /> REASONABLE ATTORNEYS' FEES, WHICH ARE ATTRIBUTABLE TO OR ARE THE <br /> RESULT OF A NEGLIGENT OR OTHERWISE WRONGFUL ACT OR OMISSION, <br /> INCLUDING BREACH OF A SPECIFIC CONTRACTUAL DUTY, OF THE CONTRACTOR , <br /> OR THE CONTRACTOR'S SUBCONTRACTORS, AGENTS, EMPLOYEES, DELEGATEES, <br /> SUPPLIERS, OR ANYONE ACTING ON BEHALF OF THE CONTRACTOR. <br /> D. LABOR RATE REOUIREMENT , <br /> NO LABORER OR MECHANIC MAY BE PAID A LESSER RATE OF WAGES THAN THE <br /> LOCAL PREVAILING WAGE RATE, INCLUDING FRINGE BENEFITS� AS DEFINED ' <br /> BY MINN. STAT. S 177.42, SUBD. 6, IN THE SAME OR MOST SIMILAR TRADE <br /> OR OCCUPATION IN THE AREA. <br /> � <br /> GENERAI CONDITIONS I <br /> PAGE 4 OF 14 <br /> � <br />